Port of Thessaloniki adopts blockchain technology with TradeLens

Port of Thessaloniki

The Port of Thessaloniki (ThPA S.A.) has become the first Greek port to adopt blockchain technology, integrating TradeLens into its operations.

The implementation of the platform comes as part of the port’s vision of becoming a smart port through the use of smart technologies for the digitisation of systems to provide innovative and high-end services with simplified procedures and creating value for the wider port community.

The TradeLens platform, developed by TradeLens GTG Solutions, promotes the efficient, transparent and secure exchange of information to foster greater collaboration and trust across the global supply chain.

The platform is built on the input of the industry including direct integrators with more than 180 ports and terminals, over 15 customs authorities, and an increasing number of intermodal providers.

© Port of Thessaloniki

“The use of the TradeLens platform contributes to the increase of operational efficiency, through better visibility of container flows across multiple modes, while improving the impact on the climate change,” said Thanos Liagkos, Executive Chairman of the Board of Directors for ThPA S.A.

“Joining the TradeLens platform is a great step forward for ThPA S.A. to lead the charge in the Greek intermodal and logistics industry, pioneering in the digitisation of the Southeast European supply chain.”

The implementation of this platform allows the port to significantly improve asset and yard management by leveraging information from partners, while also reducing the cost of connecting to each individual shipping line and wider port community.

Thomas Sproat, Senior Director of Network Development at TradeLens GTG Solutions, added “TradeLens is an open and neutral platform, that has a goal to digitise and connect the global supply ecosystem. We are thrilled to add ThPA S.A. to the TradeLens ecosystem as we have an important partner in Greece and Southeast Europe to provide efficient end-to-end movement of containers and thus helping our joint customers to reduce overall logistics costs.”

The Port of Thessaloniki has consistently promoted collaboration. Its most recent effort in this can be seen in its signing of a Memorandum of Understanding with the International Hellenic University alongside the German Hellenic Chamber of Industry and Commerce with the aim of sharing know-how, infrastructure, and capabilities.

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