Trade

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...

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...

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..

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

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

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...

Africa Trade & Customs Week Summit, the largest customs summit in the region is set to take place from the 7th – 9th of...

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

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

Africa Trade & Customs Week Summit, the largest customs summit in the region is set to take place from the 7th – 9th of...

The concept of electronic documentation in global trade has been around for decades, but despite millions of dollars invested in the latest technology and...

The Africa Trade and Customs Week Summit is upon us. Starting on the 11th of July 2022, the summit will serve as the global...

The Ocean Shipping Reform Act of 2022 (OSRA22), was passed by Congress on the 13th of June 2022.. Naturally, there have been bouquets and...

- Drastic ocean freight rate increase due to market forces of supply and demand - A dozen recommendations made to alleviate US supply chains disruptions -...

Africa Trade & Customs Week Summit the largest customs summit in the region taking place from the 11th -13th of July in Durban comes...

As we know, a Bill of Lading (B/L) is one of the most commonly used commercial documents in the history of global trade and shipping.....

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...

Even though there are distinct differences between demurrage, detention and port charges, many are still oblivious to these differences and there have been several questions on this blog relating to these charges..

Let me explain how demurrage, detention and port charges work..

The Port of Los Angeles posted another record performance in February 2022 breaking its own record, handling 857,764 TEUs which is an increase of...

The risk of war is nothing new to the shipping, freight and maritime industry, having navigated through many of these situations.. Many charter parties include...