"The more carriers and other ecosystem members that join the platform, the closer we come to bringing about a new era in global trade," said Mike White, TradeLens leader for Maersk, in a blog post.
Without several players in the shipping industry willing to share data with each other, transparency across the supply chain becomes futile. For this reason, the addition of ZIM to TradeLens can be considered a big win for the blockchain solution, allowing additional data to be shared across a network of terminal operators, port authorities, freight forwarders and container lines.
A blog post from TradeLens said the platform has 60 network members and 100 ecosystem members and has recorded 5 million shipments so far. TradeLens now has the largest carrier on board (Maersk), in addition to the 10th (PIL), 11th (ZIM) and 35th (Seaboard Marine), according to Alphaliner data. Combined, they manage 4,862,422 TEUs and control roughly 21% of total market share.