Electronic Bill of Lading

Electronic Bill of Lading

ICE Digital Trade’s Local Law eB/L Solution approved by IG P&I

Electronic Trade DocumentationNovember 13, 2023

The shipping industry is on the cusp of a significant transformation, thanks to the strides made in digital trade documentation. Electronic trade documents like bills of lading are making good headway in the world of shipping,...

COSCO Energy and COSCO Bulk team up with GSBN, issue first electronic bill of lading

Electronic Bill of LadingSeptember 28, 2023

COSCO Shipping Energy Transportation Co., Ltd (“COSCO Energy”) and COSCO Shipping Bulk CO., Ltd (“COSCO Bulk”) have become the latest in a string of organizations adopting and issuing electronic bills of lading (eBL). COSCO Energy and COSCO...

It is Official – UK Electronic Trade Document Bill becomes Law

Electronic Bill of LadingJuly 20, 2023

The much anticipated UK Electronic Trade Document Bill a product 5 years in the making, has received Royal Assent which is the final step...

Enigio completes first end-to-end paperless digital trade document transaction

DigitalizationJune 1, 2023

Enigio AB has announced that the first paperless digital end-to-end trade document transaction was completed using its solution for digital original documents – trace:original...

Digital transformation in shipping needs business transformation – Andre Simha

Executive InsightsMarch 27, 2023

Information technology has been truly transformative and a game changer especially in the last decade for the shipping and freight industry.. However, the implementation of...

Conversion of bill of lading to electronic bills gains traction with BIMCO’s 25 by 25 pledge

DigitalizationMarch 16, 2023

Some of the world’s biggest shippers in the bulk sector have made a commitment to target moving 25% of their annual seaborne trade volume...

CargoX and CEBS launch partnership to help customers migrate from TradeLens

Data StandardsFebruary 21, 2023

Businesses that started using TradeLens for their electronic bill of lading have been scrambling to migrate their electronic trade document processing to a new...

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...

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

DigitalizationJanuary 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...

Questions to expect from lawmakers for adoption of MLETR – learning from the UK

DigitalizationJanuary 19, 2023

The introduction of the Electronic Trade Documents Bill in the UK Parliament is of paramount importance to the digitization of global trade as the...

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

DigitalizationJanuary 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...

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...

Electronic Trade Documentation vs Paper Documentation – the legal angle

Bill of LadingNovember 8, 2022

Global trade involves several processes with up to 20+ documents being interchanged for a single shipment between various stakeholders in the chain. For years, global...

UK is a few steps away from legislating electronic trade document transfer

Bill of LadingOctober 14, 2022

World merchandise trade was valued at USD28.5 trillion in 2021 and as per the latest figures from the Department of International Trade, international trade...

Solutions to expedite adoption of electronic trade document transfer identified

DigitalizationOctober 5, 2022

Electronic trade documentation has been around since the 1990s but gained serious momentum in the last few years and especially during/after the pandemic. However,...

Interoperability between electronic bill of lading platforms put to the test

DigitalizationSeptember 22, 2022

An industry survey of 400 logistics executives and supply chain experts by CargoX, found that (among other issues), 45% of respondents said issues of...

Bill of lading milestone : First electronic bill of lading under Singapore Law issued

Data StandardsJuly 27, 2022

The Model Law on Electronic Transferable Records (MLETR) by UNCITRAL aims to enable the legal use of electronic transferable records that are functionally equivalent...

Electronic Bill of Lading – Are you and your country ready for it..?? Part 3

Bill of LadingApril 4, 2022

Some good seems to have come out of the COVID-19 pandemic after all.. Global trade has reached record levels, ocean carriers have gained record...

Bolero and TradeLens join forces to accelerate electronic bill of lading adoption across the global shipping industry

Bill of LadingMarch 29, 2022

London, Hong Kong, Singapore & Tokyo, 29 March 2022 – Bolero International, the leading provider of cloud-based trade finance digitisation solutions, announced today a collaboration with TradeLens, the blockchain-based global trade...