Maersk

IBM, Maersk to Wind Down Shipping Blockchain TradeLens by Early 2023

Video

IBM, Maersk to Wind Down Shipping Blockchain TradeLens by Early 2023

Maersk and IBM will wind down their shipping blockchain TradeLens by early 2023, ending the pair’s five-year project to improve global trade by connecting supply chains on a permissioned blockchain. "The Hash" panel discusses the significance and the future of enterprise blockchain.

IBM, Maersk to Wind Down Shipping Blockchain TradeLens by Early 2023

By CoinDesk Inc

Nov 30, 2022 at 6:40 p.m. UTC

Nov 30, 2022

BlockchainIBMMaerskcdtvHash clipTradeLens

Maersk container ship (Bernard Spragg. NZ/Flickr)

Finance

IBM and Maersk Abandon Ship on TradeLens Logistics Blockchain

An enterprise blockchain project from bygone bear markets will wind down after five years.

Maersk container ship (Bernard Spragg. NZ/Flickr)

By Danny Nelson

Nov 30, 2022 at 2:35 a.m. UTC

Nov 30, 2022

TradeLensMaerskIBMBlockchain

Credit: Shutterstock/MOLPIX

Markets

TradeLens to Digitize India's Largest Private Port Operator

Adani Ports and Special Economic Zone is set to utilize the IBM-Maersk platform to speed up processes after COVID-19 highlighted issues with the existing system.

Credit: Shutterstock/MOLPIX

By Sebastian Sinclair

May 27, 2020 at 9:26 a.m. UTC

May 27, 2020

IBMIndiaSupply ChainMaerskShippingTradeLens

Credit: Shutterstock

Finance

Oman's Largest Port Joins Blockchain Shipping Platform TradeLens

Port of Salalah has signed up to TradeLens – a blockchain supply chain platform founded by IBM and Maersk.

Credit: Shutterstock

By Daniel Palmer

Jan 8, 2020 at 3:25 p.m. UTC

Jan 8, 2020

IBMSupply ChainMaerskShippingOmanTradeLens

Bangkok, Thailand

Markets

IBM-Maersk Logistics Blockchain to Be Used by Thai Customs Agency

The Customs Department of Thailand will begin trialing IBM and Maersk's TradeLens blockchain platform for international shipping.

Bangkok, Thailand

Aug 30, 2019 at 9:00 a.m. UTC

Aug 30, 2019

ThailandIBMNewsMaerskTradeLens

shipping, port

Markets

IBM-Maersk Shipping Blockchain Gains Steam With 15 Carriers Now on Board

IBM has recruited two more major shipping carriers to join the blockchain platform it owns with container giant Maersk.

shipping, port

Jul 2, 2019 at 10:00 a.m. UTC

Jul 2, 2019

WalmartIBMNewsSupply ChainMaerskTradeLensHapag-Lloydbusiness news

Russia ship dock st petesburg

Markets

IBM, Maersk's Blockchain Platform TradeLens Is Shipping to Russia

A blockchain-powered platform built by IBM and Maersk and designed to facilitate international trade is to launch in Russia.

Russia ship dock st petesburg

By Daniel Palmer

Jun 12, 2019 at 12:30 p.m. UTC

Jun 12, 2019

RussiaIBMNewsSupply ChainMaerskLogisticsTradeLensbusiness news

shipping, trade

Tech

IBM, Maersk Finally Sign Up 2 Big Carriers for Shipping Blockchain

IBM and Maersk's shipping blockchain has finally recruited two major marine cargo carriers after early efforts floundered.

shipping, trade

May 28, 2019 at 5:00 p.m. UTC

May 28, 2019

IBMDistributed Ledger TechnologySupply ChainMaerskTradeLensCMA CGMMSC

Louis Vuitton

Markets

Louis Vuitton Owner LVMH Is Launching a Blockchain to Track Luxury Goods

LVMH, parent company of Louis Vuitton, is about to launch a blockchain for proving the authenticity of luxury goods, sources say.

Louis Vuitton

Mar 26, 2019 at 12:00 p.m. UTC

Mar 26, 2019

IBMEthereumSupply ChainQuorumMaerskERC-721LVMHLouis VuittonDiorHublotFeaturesbusiness news

Credit: Shutterstock

Markets

IBM and Maersk Struggle to Sign Partners to Shipping Blockchain

Since Maersk and IBM launched TradeLens 10 months ago, only one other carrier has joined the network. As those involved admit, that's not enough.

Credit: Shutterstock

Oct 26, 2018 at 4:00 p.m. UTC

Oct 26, 2018

EuropeIBMAccentureDistributed Ledger TechnologySupply ChainMaerskTradeLensINTTRASeaIntelligence ConsultingHapag-LloydCMA CGMFeaturesbusiness news