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Dutch Ports Manager Portbase Joins Blockchain-Platform TradeLens

tradelens 102319 02sep20 lt

Dutch ports manager Portbase is the latest to join blockchain-enabled shipping platform TradeLens to enhance trade lanes in Northwest Europe through digitization of supply chains that run through the Netherlands.

The solution is jointly developed by Danish transport and logistics giant Maersk and IT major IBM.

Portbase provides a Port Community System (PCS) to efficiently exchange information with government bodies and companies. It offers over 40 different services to about 3,200 customers in all sectors of the Dutch ports and ensures the secure exchange of data within the port logistics community.

Portbase, a 25-percent subsidiary of the port of Amsterdam and 75 percent of the port of Rotterdam, has completed the first phase of connecting with the TradeLens platform.

Portbase facilitates the exchange of data between companies and the exchange of information with government authorities through PCS in order to allow everyone to work faster, more efficiently, and at lower cost.

TradeLens can help its users reduce administrative costs, increase efficiency, and contribute to the global trend of openness and transparency in logistics. TradeLens claims to reduce the transit time of a shipment by 40 percent, which represents thousands of dollars in cost saving.

The platform brings transparency to end-to-end container shipping-related data by providing connected parties with a single point of contact in the Dutch ports. At all times the data is controlled and managed by the data owner while it remains easily accessible to authorized parties on blockchain.

In this first phase, Portbase will send customs clearance (hold and release) messages for all Maersk containers to TradeLens. In return, Portbase will receive data back from the TradeLens platform such as information about transport and customs milestones for shipments that are imported, exported or transshipped via the ports.

TradeLens provides visibility across the entire supply chain, integrating data from more than 110 ports and terminals, more than 15 customs authorities around the world, and an increasing number of intermodal providers. These represent about 234 marine gateways or seaports on five continents.

Portbase is among more than 150 diverse organizations worldwide involved in the TradeLens platform, which was launched in August last year, just six months after the blockchain collaboration between IBM and Maersk was announced in January 2018.

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