Evergreen and Yang Ming will work with Taipei Fubon Bank to develop what has been termed “express bills of lading” which can be processed in an hour.
Under this scheme, the bills of lading are to be sent to the bank electronically, after which letters of credit are issued to the shippers. Taipei Fubon is also exploring blockchain technologies for this purpose. The scheme aims to help Taiwanese manufacturers which have seen high demand for exports amid the Covid-19 pandemic.
Taipei Fubon said that...
https://container-news.com/quickie-bills-of-lading-for-taiwan-shippers/