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Shipping must not underestimate the threat to its cyber security

10 November 2015

This commentary on current shipping matters is supplied by Moore Stephens, the leading accountant and shipping industry adviser. Moore Stephens LLP is a member firm of Moore Stephens International Limited, with 667 offices of independent member firms in 103 countries.

FIT Alliance and developments towards a universal electronic Bill of Lading

02 November 2023

On 5 September, 2023 the FIT Alliance, consisting of five founding members who work together to generate awareness about the benefits of going digital and the importance of common and interoperable data standards and common legislative conditions, introduced the eBL Declaration, aiming to encourage the widespread adoption of electronic bills of lading (eBL). Currently, nearly 100 organisations, encompassing carriers, shippers, freight forwarders, banks and technology providers, have signed up. In a virtual meeting with Gaftaworld, BIMCO, represented by Mads Wacher Kjærgaard (Manager, Standards, Innovation & Research) and the ICC Digital Standards Initiative (DSI), represented by Hannah Nguyen (Director - Digital Ecosystems), explored the transformative potential of this global movement and how Gafta members could actively participate.

BIMCO launches campaign to accelerate uptake of electronic bills of lading

16 March 2023

BIMCO has launched the "25 by 25 pledge", a commitment by some of the world’s biggest shippers in the bulk sector to target moving 25% of their annual seaborne trade volume for at least one commodity using electronic bills of lading by 2025. The pledge is part of an ongoing effort to accelerate trade digitalisation and streamline the supply chain process in the bulk sector.