Tuesday, November 28, 2023
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Standards

Standardising global trade documents with ICC’s Digital Standards Initiative

Data Standards
The International Chamber of Commerce (ICC) Digital Standards Initiative (DSI) has taken a significant leap forward in promoting trade digitalization by unveiling the 2nd set of digital standards recommendations today the 8th of November 2023.. This global...

Standards, Uniform Rules, and Best Practices and its importance in shipping

Digitalization
Lately, you may have been reading a lot about Standards, Uniform Rules, and Best Practices in the world of shipping, freight, logistics, maritime, supply chain, and trade.. While these terms are not new, they’ve been hogging...

What is a HS Code, who uses it and what is it used for..??

Customs
You would have seen this terminology called HS Code across many trade documentation or correspondences..

What does this HS Code mean, who uses it and what is it used for..??

HS Code stands for Harmonized Commodity Description and Coding System..

This is the common standard worldwide for describing the type of commodity..

Every commodity that enters or crosses most international borders have to be declared to customs by means of a HS code.. This helps in standardizing the commodity codes worldwide..

South Korea adopts cross-border paperless trade agreement 

Digitalization
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...

Confusing liner shipping schedule jargon may soon be a thing of the past – Standards for Operational Vessel Schedules 3.0 – Beta 1

Shipping and Freight
Blank sailings, void sailings, skipped sailings, omitted sailings - are some of the shipping jargon that confuses the heck out of everyone and restricting...

Federal Maritime Commission kicks off Maritime Data Infrastructure initiative

Data Standards
In December 2021, the Chairman of The Federal Maritime Commission (FMC), Daniel B. Maffei appointed Commissioner Carl Bentzel to spearhead an initiative of the...

DCSA Publishes Complete Framework of Just-in-Time Standards for Main Port Call Activities

News
Latest release of DCSA's Just-in-Time Port Call Programme provides interface standards and API definitions for all 50 port call event timestamps. This might also be...

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