• 2018 April 13 07:53

    CargoX’s blockchain-logistics platform goes live before audiences across Europe

    Blockchain-based logistics platform CargoX successfully held a live demonstration of its Smart B/L Bill of Lading solution, before audiences across Europe, marking the beginning of its beta testing phase and opening the platform to partners in the logistics and shipping industry, the company said in its press release.

    “The fastest, most secure, and cost-efficient platform for the global transfer of digital bills of lading is now available for beta testing with partners. Together, CargoX’s Smart B/L solution is going to reshape the logistics industry!” said Stefan Kukman, CEO and founder of CargoX.

    CargoX’s blockchain-based bill of lading platform is now open for business, allowing logistics companies and shippers to take advantage of its highly secure and efficient alternative to paper Bills of Lading, which collectively cost shippers billions of dollars per year and can take up to a week to transfer.

    After simultaneous live demonstrations in front of hundreds of logistics experts at the 6th International Logistics Congress in Slovenia and members of the French Transport and Logistics Association (TLF) in Paris, France, CargoX’s platform is ready for global trade. The startup has already signed up several logistic companies as partners, including the European logistics leader Milšped Group from Serbia, and is in talks with other major freight organizations. 

    CargoX’s Kukman demonstrated the revolutionary new technology in front of more than 250 managers from logistics companies and representatives from leading national and international associations at the 6th International Logistics Congress in Portorož, Slovenia.

    On the other side of the continent, at the same time, CargoX’s senior fellow and advisor Vjeran Ortynski demonstrated the solution to TLF members in Paris, France. The audience included representatives of the International Federation of Freight Forwarders Associations (FIATA), leading to an invitation to future talks, and - as CargoX says - a possible partnership in the near future. Faster, safer, smarter!

    The CargoX Smart B/L Bill of Lading transfer and processing solution is based on public and open blockchain technology, replacing outdated paper documents. Using CargoX’s Smart B/L, users can state and transfer cargo ownership rights without the hassle of creating paper documents, while avoiding the costs, security vulnerabilities, and delays associated with courier services. Partners are already testing the solution The Smart B/L has now reached the development minimum viable product (MVP) stage, meaning that it is available to partners for internal and pilot testing, for reviewing the service, and for providing feedback to CargoX. One recently announced partner is European logistics giant Milšped.

    Smart B/Ls are only the beginning. CargoX is adding features to its platform such as a smart letters of credit (Smart L/C) and other innovations that will reach customers by the end of Q2 2018. “We could already implement and sell it as it is,” said Kukman. He said that the company is in talks with several major regional and global logistics companies, who have all expressed interest in using the product after the initial pilot testing is finished and full compliance is confirmed on the customers’ side.




2019 March 21

13:24 Andrei Chibis appointed Acting Governor of Murmansk Region
13:17 Coast Guard continues to break ice on Penobscot River to start on the Kennebec River
12:00 Steel cut for first short-sea LNG bunker vessel for Eesti Gaas at Damen Yichang Shipyard, China
11:39 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on March 20-21
11:13 Bunker prices go down at the Far East ports of Russia (graph)
10:50 Doha to host Ports & Maritime Evolution, Rail & Logistics Evolution, Road & Logistics Evolution Qatar Assembly & Expo in September’19
10:27 Brent Crude futures price is up 0.16% to $68.61, Light Sweet Crude – up 0.02% to $60.24
10:08 MAN receives an order for two-stroke engines from Eastern Pacific Shipping
10:05 MABUX: Bunker Market this morning March, 21
09:59 2018 revenues of FSUE Rosmorport grew by 7% Y-o-Y to over RUB 26 billion
09:22 Baltic Dry Index is down to 709 points
09:08 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
09:00 PSA, PFR and IFM investors partner to jointly acquire the deepwater container terminal Gdańsk from Macquarie infrastructure and Real Assets, MTAA SUPER, AustralianSuper and Statewide Super
08:36 Port Canaveral starts construction of new Cruise Terminal 3 complex
07:58 SeaKing Electrical completes DFDS ferry upgrades in France

2019 March 20

18:00 Insight Into Contemporary Seafaring workshop held at Azerbaijan State Maritime Academy
17:43 Damen Cruise inks first contract with SeaDream Yacht Club
17:34 Wärtsilä prepares solutions for new state-of-the-art Wasaline ferry
17:34 Fire on Costa Smeralda under construction at Meyer Turku Shipyard not to affect building schedule
17:08 NOVATEK BoD recommends payment of RR 16.81 per ordinary share as 2018 dividend
16:46 Ukrainian seaports increased cargo handling by 2.5 million tons in January-February
16:22 ABP’s Hull Dry Bulks Terminal marks milestone handling biggest shipment
16:03 IMSSEA hosted “Maritime training and research activities” workshop
15:40 EU NAVFOR supports Somali / Ugandan maritime leadership training exercise course
15:21 Port of Long Beach Survey Director named
14:59 Finland’s Ministry of Transport and Communications appoints steering group to support reform of Act on Transport of Dangerous Goods
14:35 11 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on March 19-20
14:12 Nauticor and Destination Gotland start LNG bunkering in the port of Visby for MS “Visborg” with the world’s largest LNG bunker supply vessel “Kairos”
13:57 DNV GL has joined RAO/CIS Offshore 2019 as Sponsor of a conference session
13:32 TechnipFMC awarded subsea contract for the Equinor Johan Sverdrup Phase 2 development
13:11 BC Ferries reveals 25-year vision for Swartz Bay Terminal
12:49 RF Government approves implementation plan for construction of Kamchatka LNG terminal
12:30 Havyard delivers the third battery-run ferry for the Hareid–Sulesund route to Fjord1
12:04 A.P. Møller - Mærsk A/S announces the completion of the sale of ordinary shares in Total S.A.
11:48 Draft law on amendments to crab harvest quota distribution submitted by RF Government to State Duma
11:30 Brexit: Port of Rotterdam starts leafleting campaign at ferry-terminals
11:03 PD Ports welcomes Offshore Wind Sector Deal
10:44 Brent Crude futures price is up 0.20% to $67.81, Light Sweet Crude – up 0.04% to $59.33
10:26 NYK signs Japan’s first ESG management support loan
10:10 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:47 AS Tallink Grupp extends vessel charter agreement
09:22 Baltic Dry Index is down to 712 points
09:08 MABUX: Bunker market this morning, Mar.20.

2019 March 19

18:25 Navigation support tool receives 2018 Hydrographic Technology Encouragement Award
18:05 NYK holds conferences to improve the safety of its dry bulk fleet
17:36 Abu Dhabi Ports collects over 120 tons of floating sea debris
17:05 JAXPORT sets record with largest container ship to call Jacksonville
16:35 NYK introduces its market analysis initiatives using AI and big data
16:10 BigLift Shipping and Chung Yang Shipping cooperate in heavy transport
15:53 BW Group purchases a majority stake in Epic Gas from key shareholders and launches unconditional tender offer
15:23 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
15:12 Royal IHC to design and deliver dredge installations for Van Oord
15:02 CMA CGM updates THC in Lithuania ports
14:31 Wight at the forefront of environmental stewardship – Hybrid Explorer Vessel
14:02 Maersk has announced FAK rates from Far East Asia to Mediterranean
13:31 GC Rieber Shipping: Shearwater GeoServices awarded acquisition and processing contract in Turkey
13:01 PIL starts new Middle East service – China Straits Gulf
12:41 V.Ships Leisure teams up with Mystic Cruises to provide crew services for the first expedition vessel, World Explorer
12:20 Global cruise industry meets at Posidonia Sea Tourism Forum 2019
12:01 Global Ship Lease agrees three-year charter with Hapag-Lloyd