On June 5, A.P. Moller — Maersk and the Russian Ministry of Transport signed a Memorandum of Understanding enabling the launch of TradeLens in Russia. The pilot project will be carried out in the Big port of St. Petersburg, Russia’s main container gateway.
The agreement, signed by Maersk CEO Soren Skou, Deputy Transport Minister and Head of Federal Maritime and River transport Agency Yury Tsvetkov, and Morsvyazsputnik CEO Andrey Kuropyatnikov, enables the implementation of TradeLens on the Russian market with the aim of introducing digital documentation flow in what is currently mostly paper-based transportation processes.
An agreement was also signed on participation in the pilot implementation of TradeLens in St. Petersburg between Maersk Russia, Global Ports, Modul and Ultramar.
Speaking at the signing ceremony, Yu.Tsvetkov emphasized that the blockchain technology will facilitate interaction between market participants, make the container industry more transparent and make information on container movement, customs and other procedures progress, etc. available online for the parties concerned. He said that provided the pilot in St. Petersburg is a success, the system could be implemented in other Russian ports.