The shipping industry faces a challenging business environment, where margins are low for Carriers and Leasing companies and opportunities for unilateral cost reductions have been exhausted. The GSCP platform exploits the disruption brought about by digitization and by emerging technologies to provide new substantial savings opportunities.
GSCP is designed around three main technologies, Blockchain, the Internet of Things (IoT) and smart tracking devices, and the core infrastructure is built on a Cloud computing platform to provide for maximum scalability, flexibility and availability.
What problems does GSCP solve?
Slot cost on vessels transporting empty containers back to deficit regions.
A global pool of shared containers available to all registered end users, with smart contracts and automated invoicing.
Currently approximately 35 % of all container haulage activities involves transport of empty containers which is wasteful and also contributes to CO2 and NOx pollution.
Provision of data to Environmental service providers accessing global container tracking data. For BCOs who want to track their global supply chain CO2 impact. The data is provided to specialist CO2 impact calculation service providers who calculate the CO2 emissions.
Due to the 3 to 36-hour time lag in recording container activities, Carriers, Leasing companies, Ports and end customers in the global supply chain operate with large buffer stocks of equipment.
Container imbalance prediction service for Carriers, Greybox and Street-turn vendors which based on big data and MLE provides users with detailed insight into forecasted imbalances per location and range of locations.
An increasing number of Container Terminals are suffering from road congestion to and from container terminals especially with vessel call sizes of 14000 TEUS and higher. Most ports realize that emissions from container trucks idling at terminals are a major emission source in the ports.
Dwell time prediction service for predicting how long an import container will stay in the yard before being picked up and delivered to the consignee.
Once an import container is loaded onto a Truck it is ‘invisible’ once it leaves the terminal until it arrives at its destination. Likewise once an export container is loaded onto a truck at the shipper’s premises it is ‘invisible’ until it arrives at the terminal.
Real-time tracking of containers based on intelligent GPS tracking devices.
Maritime Security Targeting Service. Provision of data to Customs Authorities and Intelligence services for maritime security analysis and targeting purposes.
Key industry players have shown immense interest in supporting the GSCP platform. It is already funded by private angels, VC’s and The Danish Maritime Fund, and the development of the platform has started. But to further accelerate the development and reduce time to market, we have decided to conduct an ICO that will open for public sale in May 2018.
Areas of cost savings:
- Reduction in haulage and rail costs of moving empty containers.
- Reduction in slot costs of moving empty containers.
- Reduction in terminal handling fees of empty containers.
- Reduction in manufacturing of containers due to reduction in size of global container pool.
- Reduction in labour costs of determining containers location.
- Reduction in usage of fossil fuels by trucking, rail and barge companies.
- Reducing the emissions of CO2 and Nox
- Reducing the demand of raw materials for container manufacturing, and reducing the environmental impact of the manufacturing process.