Port of Salahah Joins Blockchain DrivenShipping Platform
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Port of Salahah Joins Blockchain DrivenShipping Platform

January 9, 2020      Zain Raza

Port of Salahah has joined hands with TradeLens, the blockchain-enabled digital shopping platform, to smoothen the customer experience further. TradeLens, one of the chief open and neutral supply chain platforms, was developed when Maesrk and IBM collaborated. 100 diverse organisations including carriers, ports, terminal operators, 3PLs, and freight forwarders are presently part of the TradeLens ecosystem. Presently, the platform carries out 10 million events and 100,000 documents each week.

 

Benefits of Partnership Between TradeLens and Port of Salalah

Port of Salahah, recently stewardship a record annual volume of 4 million TEUs. It is working closely with various establishments in the supply chain ecosystem to hit a growth spurt in its days to day affairs and eyes TradeLens as a potential suitor to enhance the project. This collaboration should stimulate the floodgates for seamless data sharing, and end to end data supply chain information.

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Mark Hardiman, the Chief Executive Officer of Port of Salalah quoted: “Joining TradeLens is an important step forward for Port of Salalah in supporting the modernizing of the trade ecosystem. Logistics is one of the key pillars for economic diversification for the Sultanate of Oman. Adopting and incorporating blockchain technology into all aspects of the supply chain will not only enhance the attractiveness of Salalah for these companies but also support the development of new business models that can further leverage the geographical location of Salalah.” 

 

Thomas Sproat, Director of Network Development at Maersk GTD holds the view that this collaboration is a step in the right direction in order to revolutionize the ecosystem and inject more clarity, smoothness and efficiency for all parties involved. The APM terminals run Port of salahah as a part of the APM Global Terminal Network. The port also has a general cargo terminal under its wings, which dealt with 16 million MT of non- constrained cargo in the previous year.

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Zain Raza
Zain Raza

Zain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.