Turkish ports group YILPORT Holdings signed a deal with Maersk and integrated the TradeLens blockchain platform, which was jointly developed by Maersk and IBM.
Apart from Turkish ports, YILPORT owns ports in Malta, Sweden, Norway, Portugal, Spain, Peru and Ecuador and plans to become a top ten global operator by 2025.
TradeLens members include shipping and logistics firms, ocean carriers, customs and other authorities and ports. But ports account for the largest number of members.
TradeLens announcement
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YILPORT- TradeLens cooperation started in July 2020 with data integration from YILPORT Gebze and Gemport Terminals to the blockchain based platform.
In today’s world, millions of containers are in motion, this cycle is achieved through the coordination and communication skills of the logistics industry. But old-fashioned systems and manual document exchange can cause delays, confusion and inefficiencies that create waste in the supply chain.
With a goal to tackle this waste and improve efficiency the YILPORT IT teams completed the full integration with TradeLens in a short time. Data exchanges are provided via API messages, and 6 main messages are operational between YILPORT and TradeLens. These messages are; gate in, gate out, vessel load, vessel discharge, actual load date list and actual discharge date list. The goal is to replace the old generation data exchange with near instant data flows.
TradeLens is a digital shipping platform powered by blockchain technology jointly developed by A.P. Moller – Maersk (MAERSKb.CO) and IBM (NYSE: IBM). It provides transparency, efficiency and collaboration opportunities across the global supply chain. TradeLens makes it easy to view, control and manage end-to-end container shipping-related data. All stakeholders in the supply chain such as shippers, agencies, port operators, customs authorities and financial service providers; have permissioned access to data and the ability to create innovative applications. More than 120 events in the supply chain can be tracked in near real time with data directly from the source like YILPORT’s connection.
“By working with TradeLens YILPORT Holding will accelerate the digitization of global trade for importers and exporters across our network. Modernizing the processes through which logistics operates is critical to building more robust and efficient supply chains which will help with economic development and value creation for all parties.” – YILPORT Holding CIO Mark WOOTTON.
“We are excited to work with YILPORT and its extensive international footprint. Working with innovative ports and terminals we can jointly promote the benefits of a truly global digitally connected supply chain. Earlier visibility of containerized cargo for those managing assets within the supply chain allows for improved yard planning, as well as the ability to offer new services to importers and exporters who rely on ports and terminals as a key element of the global supply chain.” – Thomas Sproat, Senior Director Network Development, GTD Solution Inc.
YILPORT’s Terminal Operating Systems Manager Orkun CAKIR stated that: “As YILPORT we are now a part of one of the largest global logistics ecosystems. Joining a technology platform like TradeLens will add to our capability to deliver best-in-class service and visibility to our supply chain partners. With all terminals, we continue to future-proof our business and offer innovation to our clients and communities.”
