Our CEO Huang-Yu (Lance) 皇佑 Lin 林 shared his insights on the challenges of facilitating Bills of Lading online and the benefits of an open-source electronic Bill of Lading platform. Watch the video below to learn more.
Learn about the power of an open-source e-bill of lading from BlueX Trade CEO Lance Lin. https://bit.ly/4bLcm7K #eBL #GlobalTrade #TradeDocuments
Standardising the use of electronic Bills of Lading (eBLs) will not only drive significant advantages across the global supply chain, but it will also help fast-track the digitalisation of trade. As we strive to advance and shape the future of trade, we are pleased to endorse the FIT Alliance eBL Declaration, openly pledging to collaborate with stakeholders on accelerating the digitalisation of trade. Learn more: https://lnkd.in/dtCmJMQU Samuel Mathew #eBLs #trade #tradedigitalisation #supplychain
Global Container Shipping | Digital Shipping | Smart Containers - Chief Digital and Innovation Officer
How do we overcome the legal and regulatory barriers to eBL adoption? Digital Container Shipping Association (DCSA) just published a monster of a report on eBL adoption, based on extensive research carried out in 15 countries, representing 60% of global trade. The 120-page report identifies the legal and regulatory barriers to the global supply chain’s goal of achieving 100% electronic bill of lading (eBL) adoption by 2030, and it will be a useful resource for carriers, shippers, banks and other stakeholders. But above all, it is an appeal for governments and global organizations to work together to standardize legal requirements so we can clear the path for international trade’s much needed transition to a digital future. You can find the report here: https://lnkd.in/eJ6v5pkB Well done Omer Guy, Niels Nuyens, Dominique Willems and more 👏 #digitaltrade #100percentebl
DSCI's Vanessa Mbanefo is leading a new initiatve to develop an open-source e-Bill of Lading. If your company leverages Bills of Lading to conduct global trade, learn how to participate in this initiative at https://openebl.org/. #GlobalTrade #eBL #DigitalSupplyChains #DigitalTransformation
I would like to share this document where it has all the information related to incoterm and it’s significance. #supplychain #incoterm #custom_clearance
🎥 NEW VIDEO | Revolutionising trade documentation: Secro’s game-changing solution for eBLs 📰 For centuries, trade documentation has been a time-intensive and resource-demanding process, involving a multitude of stakeholders and a deluge of paperwork. Central to this process is the bill of lading, the most critical document in #internationaltrade. 📃 While traditional paper bills of lading have long been a staple in international trade, the ubiquitous use of electronic bills of lading (eBLs) is yet to be seen. 🗣 In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Michele Sancricca, Co-founder and CEO at Secro, to learn more about the company’s electronic bill of lading solution, its evolution and legal validity, and how it has the potential to bring innovation and change to an industry that is long overdue. 📺 Watch the full video here 👇 https://lnkd.in/gNpyZCZg #tradedocuments #billoflading #shipping #technology
The 48th edition of CIF Weekly contains a special article on 'An Introduction to TradeTrust and the Laws Governing Electronic Bills of Lading'. This article provides an in-depth analysis of the legal and practical features of the TradeTrust framework and 'TradeTrust-enabled eBLs'. Stephenson Harwood (in alliance with Virtus Law LLP) has worked closely with Singapore’s Infocomm Media Development Authority, with the assistance of the US law firm BlankRome, on this article. To read the full article, please click below. #Commodities #TransportationandTrade #CIFweekly
[USING TRADE PARTNER AGREEMENTS] Working with trades can be challenging, but learning how to set better alignments upstream helps you to avoid issues downstream. Click the HOW TO MANAGE TRADE PARTNERS link below to read more about how to implement trade agreements into your business. https://lnkd.in/g888s4TQ #tradepartners #subcontractors #tradeagreements #knowyournumbers #buildandprofit
A defining moment for electronic bills of lading In June 2022 the newly formed FIT Alliance launched a survey among its membership to help identify what was hindering the adoption of electronic bills of lading (eBLs). One of the commonly cited reasons was legal uncertainty due to few jurisdictions recognising eBLs as being legally equivalent to paper bills. The good news is that there is now a determined drive globally towards legislative reform to give eBLs legal status. Read the full article here: https://lnkd.in/er8pvG5K BIMCO Digital Container Shipping Association (DCSA) FIATA International Federation of Freight Forwarders Associations Swift
Open eBL is an industry effort to transform supply chain operations by digitizing Bills of Lading. It achieves this by creating open-source, standards-driven e-Bill of Lading (eBL) solutions tailored for the global trade community. Learn more about eBL's benefits at https://openebl.org/. #GlobalTrade #eBL #DigitalTransformation #SupplyChainManagement
eBL in focus: How digital standards are transforming global trade: Five industry associations have backed an electronic bill of lading (eBL) by declaring they will secure a commitment from stakeholders to collaborate on driving digitalisation. DCSA, BIMCO, the International Federation… read more →
