Electronic Trade Documentation Archives

Legal reforms key to achieve global trade digitalization – Chris Southworth, ICC UK

Digital Trade DocumentationFebruary 23, 2023

The International Chamber of Commerce has estimated that digitalizing trade documents could generate £25 billion in new economic growth by 2024, and free up £224 billion in efficiency savings.. While Electronic Trade Documentation or digitalization of trade...

Bills of lading will be 100% electronic by 2030 – DCSA member lines commitment

Bill of LadingFebruary 15, 2023

The paper bill of lading, one of the oldest documents in global trade dating back to the 17th century may be a thing of the past by the year 2030 if the members of the Digital...

Surecomp onboards WaveBL to its fintech hub RIVO to enhance digital trade finance

Bill of LadingJanuary 28, 2023

Surecomp, a digital trade finance solutions provider for banks and corporations has announced that it is partnering with WaveBL, a blockchain-based digital platform, to...

Proof of Interoperability sparks sign ups for trade documentation transfer – CargoX

Digital Trade DocumentationJanuary 25, 2023

CargoX, one of the few electronic trade documentation transfer platforms approved by the IG P&I Clubs for electronic bills of lading is reportedly seeing...

FIT Alliance survey reveals promise for growth in use of electronic bill of lading

Electronic Bill of LadingJanuary 17, 2023

Almost a year ago, trade and freight industry heavyweights ICC, DCSA, BIMCO, FIATA and SWIFT launched the Future International Trade Alliance (FIT) and signed...

Importance of MLETR in current and future trade environment

Digital Trade DocumentationDecember 23, 2022

The increasing use of electronic mediums across the industry allows for improved efficiencies through the reuse and analysis of data, while enhancing trade connections...

Interoperability between different electronic bill of lading platforms becomes reality

Bill of LadingDecember 16, 2022

Many doubts and uncertainty surrounding the success of transmission and handover of electronic bills of lading (eBL) between two different eBL platforms was put...

France working on accelerating electronic trade documentation and trade finance

DigitalizationDecember 8, 2022

Following the announcement of the UK to legislate electronic trade document transfer, long-time trade rival and erstwhile EU partner France is now looking to...

South Korea adopts cross-border paperless trade agreement

DigitalizationNovember 29, 2022

The Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific, a UN treaty deposited with the Secretary General of the...