Electronic bills of lading (eBLs) are already transforming the iron ore trade
28 June 2023“We don’t want to be a first mover on eBLs” is what we often hear – yet this is despite the first eBL systems having been around for more than 20 years.
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“We don’t want to be a first mover on eBLs” is what we often hear – yet this is despite the first eBL systems having been around for more than 20 years.
The Maritime and Port Authority of Singapore (MPA) is supporting BIMCO’s 25 by 25 Campaign to accelerate the adoption of electronic bills of lading (eBLs) in the bulk sector.
The results of the survey of members of the respective organisations of the Future International Trade (FIT) Alliance, including BIMCO, show that an overwhelming majority (86%) believe that electronic bills of lading are the key to unlocking the digital transformation of global trade and shipping.
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