CargoCoin & UGSA Strategic Partnership

CargoCoin (UK based) and UGSA (Dubai based) has entered in a strategic partnership to deliver the best customer experience in the shipping industry. CargoCoin will be providing free access to their shipping platform to USGA members in over 20 countries, while UGSA members will be exclusively using the CargoCoin platform to offer their services and shipments.

About CargoCoin :

CargoCoin is designed to be a smart contract, crypto currency platform, decentralising global trade and transport. The platform target is to facilitate and optimise the interaction amongst traders, freight forwarders, shipping lines, booking agents as well as all other parties involved in the international trade and transport of commodities and cargoes. The platform users experience outlines well-balanced ecosystem based on cutting edge crypto security and frictionless interaction.

CargoCoin objective is to provide a global marketplace environment and utilities for facilitation of trade, transport, exchange of documents and payment options at low cost in real time. The platform architecture is based on the principles of high level of security, transparency, traceability and accountability. It is set up in a way that the participants can take advantage of any part of it alone, or in combination with other sections. It can be used as a very simple platform or as a complex smart contract utility with various payment options. The link between physical trade and transport with online crypto technologies delivers the opportunity for implementation of a large scale project and allows for further expansion.

Explainer videos:

About UGSA :

United Global Shipping Agency (UGSA) is an agency network consisting of more than 20 member countries in the Middle East, Indian Subcontinent, Mediterranean Sea & Black Sea, and focuses on the Far East ship owners/operators. UGSA office in Shanghai, China succeeded to build very strong relationships with all the big Chinese & Far East ship owners & operators and this helped UGSA. Next, UGSA opened an office in Seoul, Korea to continue the successful story. UGSA plans to establish an office in Europe, to expand further to and attract European agents and ship owners/operators globally.

One of the things distinguishing UGSA network from others is that UGSA is a Technology Oriented Agency Network. UGSA has established the first global online platform in the shipping industry that provides “PDA estimation in few seconds”. This online service gives a competitive advantage to all UGSA members against the other shipping companies by attending all PDA enquiries 24/7 regardless of the time zone difference between countries. Also, UGSA established a revolutionary Virtual Office for ship agents which allows them to generate Arrival, Departure & Daily Discharge Reports in a few seconds; and generate Statement of Facts in one click.

Visit UGSA online platform and register to take advantage of UGSA PDA estimation service.

Watch the PortDA virtual office video explainer.