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TradeWindow enters trial agreement with GSBN

Operational Update7 November 2022TWLIndustrials

MEDIA RELEASE
TradeWindow enters Shipping and Port data trial agreement with GSBN

08 November 2022

Auckland, NZ. TradeWindow (NZX: TWL), a leading Australasian TradeTech company, has

entered into a trial agreement with Hong Kong-based Global Shipping Business Network

(GSBN) for a proof of concept allowing international shipping and port data to be included in

TradeWindow’s Cube platform.

GSBN, a not-for-profit technology consortium whose members handle approximately one-

third of all shipping containers in the world, operates one of the leading blockchain-based

platforms for the industry, with a backing from major ports and shipping players including

China Ocean Shipping Company (COSCO Shipping), Hapag-Lloyd, Hutchinson Ports, and PSA

International.

TradeWindow CEO, AJ Smith, anticipates that the trial could lead to a long and fruitful

relationship with GSBN, to ultimately create greater value for TradeWindow customers.

“This agreement supports our vision to facilitate greater digital collaboration, transparency,

insights, and trust between trade stakeholders along the supply chain, and will initially

improve the experience of TradeWindow’s customers via increased visibility of port events.

Using insights from the proof of concept, we can work with GSBN to define an ongoing

service for the New Zealand and Australian market,” said Mr Smith.

The proof of concept will provide TradeWindow’s pilot customers with visibility of ‘container

gate out’ events received from within GSBN’s network.

“There is potential in the future to expand the cargo release data and documents we access

to include further international shipping, port, and clearance data within the Cube

environment.”

Bertrand Chen, CEO of GSBN, was pleased that the consortium was expanding its reach in

the New Zealand and Australian market.

“Our proof of concept with TradeWindow is the first of its kind in New Zealand and provides

an excellent opportunity for us to test the viability of providing visibility of port data and

documents via TradeWindow’s Cube, which benefits our members and their end customers,”

said Mr Chen.

GSBN’s blockchain-powered trade data utility platform was built in partnership with Oracle,

Microsoft, AntChain, and Alibaba Cloud and officially went live in September 2021. The

platform enables supply chain participants to work collaboratively to accelerate the digital

transformation of the industry.

ENDS

About TradeWindow:

Founded in December 2018, TradeWindow is an NZX-listed software company that provides digital solutions for exporters,

importers, freight forwarders, and customs brokers to drive productivity, increase connectivity, and enhance visibility.

TradeWindow’s software solutions integrate to form a cohesive digital trade platform that enables customers to more efficiently

run their back-end operations, share information and securely collaborate with a global supply chain made up of customers, ports,

terminals, shipping lines, banks, insurance companies, and government authorities.

www.tradewindow.io



About GSBN:

Incorporated in Hong Kong, the Global Shipping Business Network (GSBN) is an independent, not-for-profit technology

consortium to build a blockchain-enabled operating system to redefine global trade. The platform facilitates trusted

collaboration between disparate and competing market participants, as well as enabling greater efficiencies and resilience. It

also aims to expand the global trade ecosystem by creating bridges to new market participants including banks, fintech

companies and other consortia, while supporting the development of technology-driven innovation as the sector makes the

leap to digital.


The consortium was first founded by 8 global leaders in the global shipping industry accounting for one in every three

containers handled in the world. www.gsbn.trade


Further information:

Imogen Swain, for TradeWindow communications

Imogen.swain@baldwinboyle.com, +64 21 643 194


Edelman, for GSBN

gsbnglobal@edelman.com

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