Maritime operators sign up to not-for-profit GSBN blockchain scheme

A group of maritime industry operators and software company CargoSmart have established a not-for-profit digital shipping initiative.

The companies that have signed the Global Shipping Business Network (GSBN) services agreements include CMA CGM, Cosco Shipping Lines, Cosco Shipping Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group.

Each signatory will offer resources to support preparatory work needed to set up the GSBN, which will...