Portbase and TradeLens Will Enhance Trade Lanes In Northwest Europe
ASIA BLOCKCHAIN REVIEW
September 8, 2020
As part of its digital initiative to enhance customer experience, Portbase has completed the first phase of connecting with the TradeLens platform, a platform for trade digitization underpinned by blockchain technology.
The strategic location of the Dutch ports as gateway to Northwest Europe, as well as the size of the Portbase community and the coverage of its Port Community System combined with the global network on TradeLens will create unique opportunities for its users to reduce administrative costs, increase efficiency, and contribute to the global trend of openness and transparency in logistics.
Connecting the global ecosystem
The collaboration between Portbase and TradeLens creates a connection between the Dutch ports and a global ecosystem of carriers, ports and terminals and overseas inland providers.
Its strong position in the Dutch ports allows Portbase to play an important role in bringing transparency to end-to-end supply chains by providing connected parties with a single point of contact in the Dutch ports.
Through Portbase, government notifications and declarations are regulated, and Portbase’s existing networks have good geographical coverage for fast and efficient transport to and from the hinterland.
As a Port Community System, Portbase ties logistics chains through trust, connectivity and the availability of data. At all times the data is controlled and managed by the data owner while it remains easily accessible to authorized parties.
Data hub for Northwest Europe
In this first phase, Portbase will send customs clearance (hold and release) messages for all Maersk containers to TradeLens. Collaboration between Maersk, TradeLens and Portbase provides enhanced digital offerings for shippers within Northwest Europe.
In return, Portbase will receive data back from the TradeLens platform (e.g., information about transport and customs milestones for shipments that are imported, exported or transshipped via the ports).
Data will be available in the Port Community System for community members who have legitimate, permissioned access to the platform and can use data about each container to enhance their own operations.
“By connecting with the TradeLens platform, Portbase creates a connection between our community and the global ecosystem,” said Portbase managing director Iwan van der Wolf. “It allows all players in the logistical chain to easily, quickly and securely share data with each other, irrespective of their mutual relationship, enhancing trade for everyone involved. Thereby Portbase acts as datahub for global trade via the Dutch ports and facilitates the connection to regional networks in Northwest Europe.”
“The connection between Portbase and TradeLens will allow the already well-developed ecosystem around Dutch ports and the global network on TradeLens to reap the mutual benefits of exchanging data with each other,” said Nicolas Buhmann, Senior Commercial Manager Network Development, GTD Solution Inc. “Portbase and TradeLens are united in their vision of digitizing trade in a way that customers on both sides can look forward to the enhanced offering resulting from this collaboration.”
“Seamless integration has been realized by using the publish and subscribe facilities that both platforms provide,” said Norbert Kouwenhoven, Authorities Lead, IBM Blockchain. “This chosen construct allows for upscaling ‘with a mouse click’ and can be easily expanded as the scope of the ecosystem increases.”
Portbase is a subsidiary of the ports of Amsterdam (25%) and Rotterdam (75%) and appointed as executive organization for managing the digital port infrastructure and core processes in the ports.
Portbase is a non-profit organization, operates cost-based and has a neutral position in the port community. She manages the Dutch Port Community System and connects all parties in the logistical chains making processes in the ports more efficient.
Portbase facilitates the exchange of data between companies and the exchange of information with government authorities in order to allow everyone to work faster, more efficiently and at lower cost.
Together with its growing community (4700 organizations), Portbase is continually adding value to this data sharing. Their goal is to make the Dutch ports the smartest in Europe. www.portbase.com
The TradeLens platform has been jointly developed by Maersk and IBM. TradeLens is an open and neutral industry platform underpinned by blockchain technology, supported by major players across the global shipping industry.
The platform promotes the efficient, transparent and secure exchange of information in order to foster greater collaboration and trust across the global supply chain. www.tradelens.com