General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David WongGeneral shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong
General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong

Modern Terminals embraces Maersk’s blockchain maritime database to speed up shipping

  • Modern Terminals has signed on to a Maersk-IBM blockchain platform to digitise shipping, a notoriously paper-based business
  • A rival blockchain solution is being developed as competitors are concerned about Maersk’s dominance of the future of shipping, which carries 90 per cent of global trade

Topic |   Hong Kong shipping and logistics
General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David WongGeneral shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong
General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong
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