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HMM to join Digital Container Shipping Association


Hyundai Merchant Marine (HMM) has announced that it intends to join the newly-formed Digital Container Shipping Association (DCSA) whose aim is to create common information technology standards to make the industry more efficient for both customers and shipping lines.


With some of the largest container shipping lines in the world from both Asia and EMEA (Europe, the Middle East and Africa) as members, DCSA represents a substantial part of the industry, said a release.


Membership for HMM is pending regulatory approval. 


"Digitisation is not only right but also the only path to follow for all of the stakeholders in the shipping industry. HMM will cooperate with colleague liners very closely to find out the best route for greeting the upcoming digital era. We strongly believe that collective intelligence makes the better outcomes," says Mr Kyungin Jung, Senior Vice-President, CIO of HMM.


To create value quickly and to overcome some of the biggest pain-points in the industry, one of the first projects of the Association is focusing on standards to overcome the lack of a common foundation for technical interfaces and data.


It is also creating an industry blueprint for processes, which will be another significant part of the future of shipping.


The work undertaken will be for the benefit of the entire industry, as all standards will be openly published and available free of charge to interested external parties, highlighted an earlier communiqué.


Source: Exim News Service: Seoul, May 14


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