The world’s second-largest container shipper ($54.5 billion trailing 12 months) now counts 250 ports and 20 ocean carriers using its proprietary TradeLens blockchain, which cuts time and reams of paperwork out of tracking containers as they move through global seaports. Sportswear giant Puma, which ships out of northern Germany, can now track a specific container in seconds rather than hours, according to Maersk. TradeLens, which Maersk co-developed with IBM in 2018, has tracked more than 55 million container shipments and is now being used by other shipping giants such as Germany’s Hapag-Lloyd and Singapore’s Ocean Network Express.
BLOCKCHAIN PLATFORMS: TradeLens, Hyperledger Fabric
KEY LEADER: Christian Hammer, chief technology officer, TradeLens