Tuesday, March 21, 2023
Stage of visibility logistics 2023

Trade Documentation

The inaugural Future Trade Forum is set to happen from the 29th to the 30th of March 2023 at the Sands Expo and Convention Centre, Marina Bay Sands, Singapore. The Future Trade Forum has been initiated by...
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 enhance digital trade finance workflows by enabling access to electronic bills of...

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

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...

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

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..

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

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

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

France working on accelerating electronic trade documentation and trade finance

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...

TradeLens to be shutdown due to lack of commercial viability

TradeLens, an open and neutral industry platform underpinned by blockchain technology started by Maersk and IBM to offer customers digital freight solutions will soon...

South Korea adopts cross-border paperless trade agreement 

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...

Interoperability between electronic bill of lading platforms put to the test

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

Why is there a problem in the adoption of digital trade documentation transfer

An industry survey by CargoX points to a lack of knowledge on electronic trade document transfer as a major barrier to its adoption...

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