Tag: Bill of Lading

Pacific International Lines (PIL) has joined Digital Container Shipping Association (DCSA), to drive standardisation and digital innovation in the container shipping industry. 

Japan P&I Club announced a circular which informs Members of the approval by the International Group of P&I Clubs (the Group) of the BRITC eBL system, provided by BRITC ETRADE SOLUTION Co.

International Group of P&I Clubs has issued a document in which it answers frequently asked questions regarding electronic bills of lading (e-bills). 

According to NorthStandard, in September 2023, the Group welcomed the Electronic Trade Documents Act (Act), giving legal recognition in English law to electronic trade documents, including electronic bills of lading.

Bertrand Chen, CEO of GSBN, discusses the benefits of an electronic Bill of Lading (eBL) and reveals the consortium's interest in tokenizing eBLs for global trade to create new financial assets. As we move towards a more dynamic and volatile shipping industry, there is a need to modernize the way we gather, analyze, and share data for trade, ensuring transparent, traceable, and credible information to support decarbonization, he argues.

Gard published a circular which informs Members of the approval by the International Group of P&I Clubs (the Group) of the eTEU eBL Platform.

Global Shipping Business Network (GSBN) has signed a Memorandum of Understanding (MoU) with ZAN to explore technical innovations for tokenising the electronic Bill of Lading (eBL) with the support of Hong Kong’s Web3 environment. 

The Global Shipping Business Network (GSBN) has announced that COSCO Energy and COSCO Bulk have joined the consortium as members and successfully issued the first electronic bills of lading (eBL).

Digitalisation is making significant inroads into many aspects of global shipping and marine insurance must be ready to embrace this change if it is to reap the associated benefits, IUMI warns.

A consortium of industry and technical leaders, supported by government, business, and other major organizations, has successfully executed the world's first entirely digitalised cross-border movement of goods.