News / Shipping lines reluctant to give up 'the old ways' and go digital in the blockchain revolution

© Kre_geg | Dreamstime.com - Waste paper

Six months after the implementation of verified gross mass (VGM) requirements, traditional anxieties in the freight sector are holding back progress.

Parties are reluctant to accept much-needed technological evolution, according to Gary Waters, global logistics director at Cycle Link.

Recycled paper shipper Cycle Link was one of the first adopters of blockchain technology, developed by UK freight forwarder Maritime Transport International (MTI), called SolasVGM, to transmit VGM data.

However, Mr Waters tells The Loadstar, some shipping lines appear reluctant to allow their shippers to use the technology.

“We are ...