Colombia: Port of Cartagena enters TradeLens

"The Internet of world maritime trade" This is the access to a supply chain and a logistics network with a coverage Data from more than half of global container shipping volume.

Foto: Hector Rico suarez
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Colombia: Port of Cartagena enters TradeLens

Anticipating the transformations that maintain their competitiveness in the sector; and  even once  the Covid -19 disappears, a pandemic that today strikes not only health human but the world economy and therefore trade of the different countries, the Group’s directives Port of Cartagena decided to register its two terminals to the TradeLens collaborative system, through which the 7 shipping companies that today handle 87% of the world’s containers simplify and make processes safer not only of container handling but of cargo in general.

The TradeLens, which according to Giovanni Benedetti Rodríguez, Commercial Director of the Puerto de Cartagena Group, could become a kind of “internet of commerce world maritime ”, is an interconnected ecosystem of supply chain partners, within which you can find: cargo owners, carriers maritime and terrestrial, freight forwarders and providers of logistics, ports and terminals, customs authorities and
other industry players.

By registering here, the Puerto de Cartagena Group agrees to a supply chain and logistics network with a
data coverage of more than half of global volume shipping container.

COLLABORATION AND CONFIDENCE
The TradeLens system, which initially experienced the Maersk Group to look for differences; and what later
shared with the rest of the 7 largest shipping companies in the world to be more collaborative with each other, it runs on a powerful blockchain and permission matrix strings), ensuring that each part of a shipment has access only to your information and audit trail insurance of all transactions. Registering here also allows you to connect to a global platform based on open source technology and API (Application Programming Interface) available
publicly.

WHAT IS OVERCOME AND WIN
With the TradeLens, the linear process that was coming is avoided working on international trade through from the maritime terminals where a step was taken after another. In that scheme, some put and others buy after many steps, among which are, for example, the guarantee through a letter of credit, go through the product dispatch, container filling, delivery, arrival in port, passing through the customs station and
payment that results in very sequential procedures.

From this new technology it is expected to handle everything in block – a large transaction that passes from one site to another avoiding numerous steps.

The incursion of the Puerto de Cartagena Group to this, maintains as a current player in the trade international, at the forefront of large technological transformations and advances in
great shipping lines.

Source Grupo Puerto de Cartagena

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