Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium building a blockchain-enabled operating system designed to redefine global trade, welcomes Ocean Network Express Pte Ltd. (ONE) as its latest member. This follows a successful trial of GSBN’s Cargo Release with ONE’s customers.

As one of the world’s largest container carriers, ONE has been a pioneer in upgrading its enterprise architecture and developing digital solutions to improve customer experience and continue to enhance digitalisation. This is important not only for the reasons of facilitating global trade and adding value to customers, but also sustainability which is an increasingly vital issue to the whole industry.

By joining GSBN, ONE gains access to the consortium’s blockchain-enabled platform, which facilitates secure and trusted exchange of data between different parties across global shipping supply chains. This will enable trusted collaboration to enhance efficiency and create further value for ONE’s customers. The carrier will also benefit from GSBN’s growing ecosystem of members and applications on its platform including Cargo Release, which offers a paperless, highly efficient, and transparent solution connecting all parties involved at the port of import.

Bertrand Chen, CEO at GSBN, said, “The shipping industry is at a critical moment in time where digitalisation has the potential to enable a quantum leap. What’s needed to make this a success is trusted collaboration. We are pleased to be welcoming ONE who have been a pioneer in digital transformation and sustainability, and we look forward to collaborating to further contribute to the industry’s digital leap.”

Kosuke Wada, Executive Vice President at Ocean Network Express, said, “ONE is focused to enhance the overall customer journey through our digital services. With GSBN’s great effort in driving digitalisation across

the shipping industry, we look forward to harnessing their trusted infrastructure to accelerate greater collaboration with the industry and enable better efficiency with applications such as Cargo Release, as well as unlock new value for our customers.”