• 2020 June 21 12:39

    Logistics Visibility Task Force initiates new blockchain project ringing endorsement for IPCSA’s blockchain bill of lading

    Chinese e-commerce and technology group Alibaba has signed up to the International Port Community Systems Association’s (IPCSA) ground-breaking Blockchain Bill of Lading initiative and embarked on a new blockchain project in the organisations’ joint Logistics Visibility Task Force.

    The joint work is aiming at standardisation and proof-of-concept (POC) of blockchain application in logistics and e-commerce.

    The IPCSA Blockchain Bill of Lading initiative is being led by an IPCSA member, Israel Ports Company, which operates the Israeli Ports Community System (IPCS). This year, Israel Ports Company ran a number of successful pilots using Blockchain technology for transferring electronic Bills of Lading. Some pilots involved the shipment of a cargo via ZIM Shipping Company from Israel to Ukraine, where IPCSA member PPL 33-35 operates that country’s Port Community System. The exporter was Adama Israel, with shipments to Adama Ukraine, with the help of customs agents Damco (Israel) and Rem-trans (Ukraine).

    A Bill of Lading was electronically issued by the shipping company and transferred to the exporter and then to the importer in Ukraine/Spain. The system provides information as to which party holds the electronic Bill of Lading at any time, together with the logistics status of the cargo.

    Ms Zhu (Judy) Hongu, Head of the Standardization Department of Alibaba Group, said: “Alibaba and IPCSA have been working closely together for the past two years. In October 2018, in collaboration with LOGINK (China’s national logistics information shared network), we set up a global intelligent logistics network, named the Logistics Visibility Task Force. In its work to develop global smart supply chains, the Task Force has focused on the development of track and trace solutions and the use of ISO standards. Following on from this work, Alibaba has signed up to the IPCSA Blockchain Bill of Lading initiative, effectively making this a second workstream of the Task Force.”

    Mr Sun Tengda, General Director of LOGINK, said “Working with Alibaba and IPCSA together, Logistics Visibility Task Force endeavoured to solve the problems in cross border logistics information sharing, trace and track service was the first breakthrough, and the ISO standards we are working on is also part of the mission. Now, with the technical advantage of Blockchain, we are looking forward to explore an innovative route to establish this globally trusted network together."

    Ms Gu Xuemei, Alibaba Cainiao Network CTO, said: “The use of Blockchain in transferring an electronic Bill of Lading is expected to deliver significant savings in time and money to all participants in the supply chain, while maintaining a high level of information security and preventing forgeries. In addition, Alibaba Cainiao Network hopes to cooperate with industry chain partners to build global blockchain application standards for logistics and e-commerce.”

    Richard Morton, secretary general of IPCSA, said: “There are numerous strong reasons for using Blockchain technology for Bills of Lading. Blockchain is transferring an asset and there is huge value in linking the consignment to the information that Port Community Systems hold. This can match the Bill of Lading to any ‘event’ during the movement of the cargo – for example, that the cargo has been loaded on the ship, arrived at port, been unloaded, been cleared by customs, or exited the gate. By matching these events to the Bill of Lading, the solution gives much-needed information and flexibility.

    “There are multiple parties involved in this process – shippers, shipping lines, importers, banks, forwarders, agents, and so on. By matching information in this way, nodes can be added to the Blockchain relevant to specific partners.”

    He added: “Standardised and structured data is the key to making this work. We recognise that this is a journey. Getting people to use structured data – especially small and medium-sized companies – is a challenge. The IPCSA Bill of Lading will also accept adding PDF and JPG documents in the first version, but ultimately it will be entirely based on Blockchain structured data.”

    IPCSA also welcomes the recent Digital Container Shipping Association (DCSA) initiative to help standardise the Bill of Lading, which will help in the acceptance of an eBill of Lading.




2021 September 26

17:45 USCG, Japanese navy conduct exercise near Dutch Harbor
14:51 Hidden Gem’ arrives in Rotterdam to be transformed into nodule collection vessel for The Metals Company
13:21 LR projects win funding to accelerate research into maritime decarbonisation
12:28 ESVAGT takes delivery of third newbuilt SOV vessel
11:07 ABS Awards AIP to Ned Project’s wind turbine installation vessel design

2021 September 25

15:03 Rolls-Royce and Sanlorenzo add new dimension to partnership with mtu engines and integrated bridge solutions
13:27 JAX LNG and TOTE complete first renewable LNG bunkering in the United States
12:41 Babcock cuts steel for Royal Navy’s Type 31 frigate HMS VENTURER at Rosyth
11:37 Höegh LNG Partners LP announces a new long-term FSRU contract for the Höegh Gallant
10:52 MYCRANE set to launch in four more countries as franchisees are appointed

2021 September 24

18:16 ABS and HHI design optimized LNG carriers
17:59 Admiralteyskie Verfi shipyard launches the Kapitan Martynov freezer trawler
17:55 Italian terminal operator orders two Konecranes Gottwald Mobile Harbor Cranes
16:12 Three Finnish icebreakers return to service after being repaired at Turku Repair Yard
15:03 Maersk invests in electrofuels startup company
14:40 International conference “Inland waterways: strategic potential for growth” focused on INFUTURE project was held on September 20
14:13 Dredge spoil disposal system planned for fairway deepening project
13:57 LAS Vice Admiral Kulakov went to the Atlantic
13:33 Wärtsilä ensures optimal performance and minimal carbon footprint for world’s most environmentally friendly ferry
13:09 Wan Hai Lines holds online ship naming ceremony for new vessels
12:38 Sredne-Nevsky Shipyard launched unmanned research ship Pioner-M
12:10 Record mid-year cargo volumes through the Port of Vancouver in 2021
11:46 SCF Group wins sci-tech award for development in Arctic exploration
11:02 Rolls-Royce and Overmarine continue cooperation with future-oriented mtu technologies
10:07 Tallink Grupp secures another short-term charter deal for vessel Silja Europa
09:59 MPA, SSA and GCNS sign MoU to raise carbon accounting capabilities amongst maritime companies in Singapore
09:41 MABUX: Global Bunker Market may continue firm upward trend on Sept 24
09:24 Crude oil prices continue increasing
09:09 Baltic Dry Index as of September 23

2021 September 23

18:05 Maersk calls Jafza home for its first Warehousing & Distribution facility in the UAE
17:25 GTT and Deltamarin receive AiP from American Bureau of Shipping for their new design applied for LNG fueled tanker
17:05 LR grows fleet optimisation offering with GreenSteam acquisition
16:25 The Port of Rotterdam Authority helps German DeltaPort to be a regional hydrogen hub
16:15 Panama Canal joins to the Call to Action for Shipping Decarbonization
15:39 Dry cargo vessel of RSD59 design, Alexander Ivanov, leaves for sea trials
15:21 ABS grants AIP for next generation liquified CO2 carrier JDP designs
15:05 Synergy Group to take over Maersk Tankers’ technical management business
14:37 DNV and LISCR award AiP to HHI for 40,000 CBM liquefied CO2 carrier design
14:17 Kaliningrad region and FESCO to cooperate in the field of logistics
13:48 Damen can build icebreaking ships for Russia’s Arctic projects within short timeframes
13:25 Sweden’s largest port solar cell system inaugurated at Stockholm Norvik Port
13:15 MABUX: Bunker Weekly Outlook, Week 38, 2021
12:56 Keel-laying of Damen tug series for Atomflot held in Saint-Petersburg
12:51 MSC invests in new efficiency solution to reduce emissions from fleet
11:00 13th Annual Capital Link Shipping & Marine Services Forum took place with great success on September 13, 2021
11:00 Rolls-Royce and Sea Machines sign partnership to cooperate on smart ship and autonomous ship control solutions
10:34 APM Terminals partners with Siemens for energy optimisation and emission reduction at terminals
09:58 Torqeedo and Fassmer Shipyard announce the CIT-E Ferry - a passenger ferry for public transport
09:46 MABUX: Global Bunker Market may demonstrate firm upward evolution on Sept 23
09:29 Crude oil prices continue increasing
09:14 Baltic Dry Index as of September 22

2021 September 22

18:05 ClassNK joins as signatory to Call to Action for Shipping Decarbonization
17:47 Localization level of LK-60 icebreakers estimated at 92% in finance terms
17:20 Torvald Klaveness joins over 150 industry leaders and organizations in call for decisive government action to enable full decarbonization of international shipping by 2050
16:55 SC Zvezda counts on signing contracts for 10 tankers under Vostok Oil project in October 2021
16:31 Transition to unmanned navigation and navigation with reduced crews will be possible in Russia in three years
16:30 LR, HHI and KSOE sign MoU to develop digital twin technology for an LNG carrier
16:10 APM Terminals Pipavav marks 1,000 days of safe operations
15:39 Wärtsilä and SHI agree to collaborate on ammonia fuelled engines for future newbuilds
15:14 NAVTEK proves first zero-emissions tugboat performance