GSBN becomes a GCMD knowledge partner

Photo: GSBN GSBN_Cargo Release.jpg
Blockchain enabled trade platform Global Shipping Business Network (GSBN) has become the latest knowledge partner with the Global Centre for Maritime Decarbonisation (GCMD).

GSBN and GCMD have inked a Knowledge Partnership Agreement under which the two will collaborate to identify and design studies and pilots to test the effectiveness of using blockchain in the large-scale decarbonisation of the shipping industry.

GSBN is seen as being able to integrate data from parties across the supply chain including shipping lines and terminals to help inform decision making and therefore accelerate decarbonisation.

Bertrand Chen, CEO at GSBN, said, “To successfully achieve decarbonisation there must be choice and trust. Shipping lines and their customers want to have the choice of different alternative fuels and solutions. Given the substantial investment and resources that go behind these initiatives, there is an increasing need for trusted, granular data to supportdecision making and prove claims of sustainable shipping.

“By combining GCMD’s work in driving decarbonisation with our trusted data infrastructure, we can together accelerate and empower the shift towards a low carbon future in shipping.”

Professor Lynn Loo, CEO at GCMD, commented: “GSBN’s specialisation in data infrastructure complements our domain and technical expertise in decarbonisation, the combination of which will increase transparency and build stakeholder confidence in our collective journey towards zero-carbon shipping.”

GCMD has three other knowledge partners comprising the Maersk Mc-Kinney Moller Centre for Decarbonisation, the Global Maritime Forum, and KPLER.