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X-Press Feeders today announced they will join TradeLens, the blockchain-enabled digital shipping platform jointly developed by A.P.Moller-Maersk and IBM.
To date, 5 of the world’s 6 largest carriers have already committed to the platform, which enables a seamless and secure sharing of trade information. TradeLens aims to bring together all parties in the supply chain ecosystem onto its secured platform and it is said to have garnered more than 100 participants thus far.
Trade Advisory on The Joint Committee and War Risk Surcharge
X-Press Feeders would like to highlight the recent attacks of oil tankers in Gulf of Oman.
In the wake of all these recent attacks, and escalating geopolitical risks and tension in the Middle East region, additional insurance premiums have been imposed to all ships transiting through the Gulf of Oman (“War Risk Premium”).