It might come as a surprise to some that the Scandinavian country Denmark, despite its modest population of fewer than six million people, is the seventh largest seafaring nation in the world. Not only is Denmark the home of Maersk Line, the world’s largest container shipping company, but the Danish maritime tradition goes all the way back to the 8th century when the wild Vikings rst set out to conquer the world.
Nowadays, Danish shipping is no longer wild in the sense of the Vikings, but considered highly advanced and world-leading when it comes to ef ciency, innovation, environmental considerations, and the use of new technology. Director-General, Danish Shipping, Anne H. Steffensen recently gave this characterisation of Danish shipping in The HuffPost:
“Danish shipping companies are active in all segments - from dry bulk, oil tankers, offshore and containers. On top of this we are world leaders in maritime technology, known for our innovative technological solutions, eco- ef cient services and maritime safety equipment. This is why most large cargo ships today are equipped with Danish maritime technology, products or equipment. To give an example, more than 70% of two-stroke ship engines installed on vessels worldwide are designed in Denmark.”
Innovation within shipping is indeed a Danish speciality, but another area in which Denmark has ambition to secure a leading international position is blockchain technology. The European Blockchain Center is located at the IT University in the Danish capital Copenhagen, and the Copenhagen Fintech Lab has already made a name for itself internationally due to its large number of blockchain companies and blockchain specialists.
In this whitepaper, Danish shipping expertise meets Danish blockchain expertise in a highly innovative global project called The Global Shared Container Platform - or GSCP - that will enable the container shipping industry to achieve savings to the tune of USD 5.7 billion, and avoiding the environmental impact of 4.6 million tons of CO2 emissions every year.
Behind the GSCP platform is the Danish company Blockshipping; the core team has more than 75 years of container shipping experience and deep knowledge of blockchain technology.
Blockshipping and the GSCP platform are already funded by private angels, and The Danish Maritime Fund (www.dendanskemaritimefond.dk), and as a supplementary funding method to further accelerate development and adoption, Blockshipping is now planning to run an ICO in April 2018.
In this whitepaper, we will review all the details of the GSCP platform as well as the upcoming ICO. If this should leave you with any unanswered questions, do not hesitate to ask the Blockshipping team for further details.
