Home News SAGT Becomes the First Sri Lankan Terminal to Join TradeLens

SAGT Becomes the First Sri Lankan Terminal to Join TradeLens

South Asia Gateway Terminal is the 1st public privste partnership (PPP) container terminal in Sri Lanka. SAGT adopt the Blockchain Technology by collaborating with TradeLens, a digital platform jointly developed by A.P. Moller – Maersk and IBM becoming the 1st terminal in the country to join the tradelane.

Ted Muttiah, Chief Commercial Officer of SAGT said,” Digitisation and digitalisation offer all stakeholders to the supply chain significant operational cost efficiencies. SAGT is firmly committed to embracing technology in our efforts to constantly drive efficiencies towards an “ease of doing business” customer experience. The collaboration with TradeLens is a very important step forward in strengthening our digital agenda and staying ahead of the curve when it comes to digital transformation”.

Muttaiah added,” SAGT is a flagship company on the Board of Investment in Sri Lanka and we are excited to be a part of the digital journey that TradeLens offers the Sri Lankan shipping and logistics industry”.

“TradeLens provides visibility across the entire supply chain, from booking to clearance to payments and is built on a wealth of input from the industry including direct integrations with more than 110 ports and terminals, 15+ customs authorities around the world and an increasing number of intermodal providers,” said Bimal Kanal, Head of TradeLens, South Asia ce;ebrating the occation.

“TradeLens is an open and neutral platform that is digitalising the global supply chain ecosystem. With SAGT coming onboard, we have an important partner in South Asia which believes in our efforts of bringing efficiencies in logistics and thus helping our customers in bringing down cost of logistics”.

“Our ambition is to have all stakeholders including shippers, shipping lines, ports, banks, custom authorities and so on, involved in the global supply chain to be on a common platform that will benefit the entire industry” further added the Kanal.

SAGT started operation in 1999 in Colombo port, one of the leading port in South Asia.  Company is a joint venture of John Keells Holdings, APM Terminals, Sri Lanka Port Authority(SLPA) and Peony investments (a subsidiary of Evergreen Marine Corporation).

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