Canadian Terminal Operator Joins Maersk and IBM’s TradeLens
Global Container Terminals (GCT), a container terminal operator in North America, has joined Maersk and IBM’s blockchain shipping tool TradeLens.
As part of the initiative, Vancouver-based GCT will gradually roll out the blockchain-based platform at the four terminals it operates, the firm said in a press release on Oct. 17. GCT wants to use the platform to improve visibility on the cargo supply chain to the east and west coasts of North America.
The platform will establish a secure interconnection between all members of the supply chain, including ocean carriers, cargo owners as well as railways. In addition to two Canadian terminals, GCT Vanterm and GCT Deltaport, which is reportedly Canada’s largest marine terminal, GCT also operates GCT Bayonne in New Jersey and GCT New York.