Thursday, September 28, 2023
HomeHeadlinesThessaloniki 1st Greek Port to adopt blockchain technology

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Thessaloniki 1st Greek Port to adopt blockchain technology

Port of Thessaloniki is the first Greek Port to adopt blockchain technology through integrating with TradeLens, a digital logistics platform supported by five of the six largest ocean carriers globally. ThPA S.A. is focused on the transformation of the Port of Thessaloniki into a “smart port” through smart technologies for the digitization of systems, to provide innovative and high-end services with simplified procedures, creating surplus value for the wider port community.

As ThPA S.A. – Port of Thessaloniki is the Gateway Port to South East, Central and Eastern Europe, detailed visibility movements of container shipments is a very important factor. The TradeLens platform promotes the efficient, transparent and secure exchange of information to foster greater collaboration and trust across the global supply chain. Furthermore, TradeLens platform provides visibility across the entire supply chain and is built on a wealth of input from the industry including direct integrations with more than 180 ports and terminals, 15+ customs authorities around the world and an increasing number of intermodal providers.

Integration of ThPA S.A. – Port of Thessaloniki to the Tradelens platform, significantly improves asset and yard management by leveraging information from partners earlier, as well as simplifies and reduces the cost of connecting to each individual shipping line and the wider port community. The transformation of manual, paper-based and time-consuming administrative processes into digital processes optimizes and accelerates the decision-making process for ThPA S.A. and associated ecosystems.

The Executive Chairman of the BoD of ThPA S.A., Thanos Liagkos, noted “The use of the Tradelens platform contributes to the increase of operational efficiency, through better visibility of container flows across multiple modes, while improving the impact on the climate change. Joining the TradeLens platform is a great step forward for ThPA S.A. – Port of Thessaloniki to lead the change in the Greek intermodal logistics industry, pioneering in the digitization of the South East European supply chain.

Thomas Sproat, Sr. Director Network Development said “TradeLens is an open and neutral platform, that has a goal to digitalize and connect the global supply ecosystem. We are thrilled to add ThPA S.A. – Port of Thessaloniki (the 1st Greek Port Container Terminal) to the TradeLens ecosystem as we have an important partner in Greece and South East Europe to provide efficient end to end movement of containers and thus helping our joint customers to reduce overall logistics costs”.

Related Posts

Video

Finance & Economy
Shipping News
Ports

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

Star Bulk announced that it entered into a Repurchase Agreement (with OCM XL Holdings, LP, a limited partnership incorporated in the Cayman Islands, pursuant...

Trafigura announces executive leadership changes

Trafigura Group Pte Ltd. has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a...

Woori, HMM, KOBC to buy Polaris in prospective $448 mln deal – report

Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Private Equity Asset Management Co....

Pyxis Tankers Announces Closing of Ultramax JV Investment

Pyxis Tankers, an international shipping company, reported that on September 14, 2023, the Company closed on its previously announced newly formed drybulk joint venture...

Korea’s STX denies rumor that it is backed by Chinese fund

South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, while refuting the false reports appearing through...

Baltic index scales 11-month peak on strong capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic index scales over 9-month high on capesize surge

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic index rises to over 4-month high on stronger capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Houston-Japan VLGC freight rates reach multi-year high

VLGC freight rates from Houston to Chiba, Japan, reached $245/mt Sept. 21 for the...

Baltic index snaps 11-session rally as rates for larger vessels ease

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk...

Drewry: Port Throughput Index Down 2.1% in July

The Global Container Port Throughput Index fell 2.1% MoM in July 2023, with the small rises recorded in Africa and Oceania having been insufficient...

Vopak: Agreement with Infracapital on sale of Rotterdam chemical terminals

Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven)...

Port Hedland Iron Ore Exports Edge Up 4% in August

Pilbara Ports Authority has delivered a total monthly throughput of 62.8 million tonnes (Mt) for August 2023, consistent with the August 2022 throughput. The Port...

Thessaloniki, Gdańsk ports to explore synergies

Thessaloniki Port Authority S.A is expanding its role as a port of international importance through a new cooperation with the Port of Gdańsk Authority...

Hapag-Lloyd CEO: Counteroffer for HHLA would not be in our interest

Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make an offer for HHLA...