China's International Land-Sea Corridor Joins GSBN Network
Not-for-profit data-sharing organization Global Shipping Business Network (GSBN) has welcomed the New Land-Sea Corridor Operation Co (NLSC) as a new member, thereby building a path towards digitally integrated land and sea trade routes between Asia and Europe.
NLSC operates a global integrated transportation platform that orchestrates the transportation network between ports in the east and south of China with the rest of Asia and Europe.
In May 2023, NLSC and COSCO Shipping Lines deployed GSBN’s Cargo Release in the Port of Chongqing, a dry port along the trade corridor.
Cargo Release is a paperless solution that connects everyone involved at the port of import including shipping lines, consignees and terminals, shortening the release procedure from 1-2 days to less than four hours.
Bertrand Chen, CEO of GSBN, said: “To fully unlock the potential of new trade partnerships and routes, it is important to embrace digital technology and empower even more stakeholders across the supply chain.
“For instance, solutions like electronic Bill of Lading can extend to cover House Bill of Lading and many other downstream workflows.
“We look forward to partnering with NLSC, which is facilitating one of the world’s most important trade corridors, and connecting with more different parties to expand the coverage of our infrastructure, technology, and ecosystem."
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