Israeli container line Zim is opening up its blockchain trades to all clients on selected strings.
It said the move was being made after successful trials of electronic bills of lading (eBLs) over the last year.
The owner has been running a new platform in tandem with Wave and Spark Logistics.
It said blockchain technology can not only replace paper but also improve current activities which rely on emails, fax and other existing tools.
In two recent transactions, original bills of lading were transferred to the receiver less than two hours from the vessel’s departure.
This normally takes days or even weeks.
"All documentation processes, including endorsements, ownership transfers etc were performed over the blockchain-based platform," Zim said.
"One consignment was shipped from Vietnam to the US east coast, and a shipment of 11 high-cube special containers was loaded in Koper and shipped to Haifa."
Dozens of shipments have been completed in all, so the next phase will see all customers given the opportunity to take part, with the focus on Asia to South Africa and North American to Med trades in the first quarter.
"These trades were chosen due to their diverse activities and involved players," the company added.
Eyal Ben-Amram, Zim's chief information officer, said: “Having gained considerable experience with this revolutionary technology, we are now moving forward.
"It’s part of our commitment to maximise digitisation, and at the same time enhance our customer service levels and nurturing customer relations.”
