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Home Digital Series OOCL Logistics and GSBN pilot blockchain-based solution in Europe

OOCL Logistics and GSBN pilot blockchain-based solution in Europe

OOCL Logistics has successfully completed its recent piloting of the Cargo Release application with not-for-profit technology consortium Global Shipping Business Network (GSBN) in Rotterdam, the Netherlands.

GSBN’s blockchain-empowered Cargo Release system has connected all parties involved at the port of import including shipping lines, consignees, agents and terminals to offer a paperless and transparent digitalised solution.

This solution enables customers to eliminate manual processes and remove any need for physical exchanges of paper documentation, according to a statement.

OOCL Logistics’ customer SUMEC participated in the piloting and became the first direct beneficiary of Cargo Release in Europe.

During the shipment, which OOCL Logistics provided various inbound logistics services including import arrival handling, customs clearance, container transportation and warehousing to SUMEC, OOCL Logistics connected its own system – PODIUM® with the blockchain-enabled platform and all associated documentation and movement of cargo was shared among all the relevant parties.

“This paperless document flow and transport monitoring accelerated the shipment process and simplified the exchange of documents from days to hours. It could also facilitate decision making while avoiding delays of manual paperwork and extra costs,” noted OOCL Logistics.

Xiang Chen, CEO at OOCL Logistics, commented, “Freight forwarders have a unique opportunity to further enhance global supply chains through digitalisation and data. We are delighted to be the first freight forwarder partner of GSBN harnessing their Cargo Release solution to fully embrace information to serve all sides and ultimately achieve better outcomes for our customers.”

Other key partners including Hutchison Ports ECT Rotterdam (ECT) and COSCO SHIPPING Lines were also involved in the piloting of Cargo Release in Rotterdam.





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