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More than 50 Latin American ports and terminals sign up to TradeLens

October 28, 2019
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More than 50 Latin American ports and terminals sign up to TradeLens

Santos Brasil is one of the operators to sign up

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More than 50 Latin American ports and terminals are working with TradeLens, the blockchain-based platform jointly developed by IBM and Maersk.

With five of the six largest container shipping lines on board, representing over half of global vessel capacity, it aims to enable collaboration among trading partners, generating more efficiency by digitising trade documentation flows.

The platform, which processes about 10m shipping ‘events’ every week, now includes Terminal Zárate, Terminal Puerto Rosario, Terminal de Buenaventura (TCBuen), Santos Brasil, Terminal Pacífico Sur (TPS) Valparaíso and San Vicente International Terminal (SVTI).

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