In a recent incident, the loss of paper bills of lading led to significant complications, costs and delays that could easily have been avoided if electronic bills of lading had been used.
In an encouraging development for trade digitalisation, BIMCO's "25 by 25" campaign has surpassed its initial target within its first year, achieving a 25.1% adoption rate of electronic bills of lading in iron ore trade.
See BIMCO's information, advice and news about eBills of Lading
BIMCO and the FIT Alliance are surveying members about e-bills of lading
BIMCO's Standard on e-Bills of Lading
Banking and financial institution association ITFA has become the latest supporter of BIMCO’s 25 by 25 Campaign to help accelerate the adoption of electronic bills of lading in the bulk sector.
BIMCO announces a campaign for transition to eBills 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).
Listen to a chat with BIMCO's Mads Wacher Kjærgaard about the 25 by 25 Pledge for eBills of Lading
Four companies account for around 1 bn tonnes of iron ore shipping - read about their use of electronic bills of lading
