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On 20 July 2023 the United Kingdom enacted an important new law that promises to transform the way international trade is conducted electronically. The Electronic Trade Document Act 2023 means that businesses that rely on English law are now legally permitted to exchange bills of lading and other trade documents electronically.
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.
It’s a task that’s already well under way. BIMCO is working together with many other key stakeholders in the eBill space to help substantially increase the acceptance and use of electronic bills of lading. The open standard bulk shipping bill of lading is due to be published in March
Digitalisation has taken on a new urgency in the light of the COVID-19 pandemic, in particular when it comes to digital data exchange in ports, and for facilitating trade and logistics in general. BIMCO and other maritime NGOs are inviting public and private players to help create global digital ISO standards to facilitate the digital exchange of data.
BIMCO has appointed Jakob P. Larsen as Head of Maritime Security. He has a broad maritime experience from both the private and public sector – and always with a large security component.
BIMCO has appointed Philip Tinsley as its new Head of Maritime Security.
The different types of training at BIMCO Choose the way you want to learn about commercial shipping and maritime law.
BIMCO is supporting a study conducted by the World Maritime University for the European Maritime Safety Agency to identify potential safety issues related to COVID-19 and the risks that may contribute to maritime accidents and incidents.
BIMCO provides an update on the Maritime Labour Convention, 2006 (MLC, 2006), taking into account of the recent fourth meeting that was held by the MLC's Special Tripartite Committee in April this year.
