COSCO Energy and COSCO Bulk Transform Shipping with eBLs

Credits: Daniel Wright/Getty Images

In a pioneering development for the global shipping industry, the Global Shipping Business Network (GSBN) has welcomed two major players, COSCO SHIPPING Energy Transportation Co., Ltd (“COSCO Energy”) and COSCO SHIPPING Bulk CO., Ltd (“COSCO Bulk”), into its fold. Together, they have successfully ushered in a new era by issuing the first electronic bills of lading (eBL) for energy and bulk shipments. This milestone signifies a significant leap toward digital...

https://mfame.guru/cosco-energy-and-cosco-bulk-transform-shipping-with-ebls/

HMM and Bolero join forces to accelerate eBL growth in Asia

South Korea’s flagship carrier HMM and Bolero International, which provides cloud-based trade finance digitisation solutions, have decided to collaborate to improve the visibility, transparency, and efficiency of trade transactions through Bolero’s electronic bill of lading (eBL) solution.

In March 2022, HMM successfully completed its trial use of the eBL between India and China, using Bolero’s Galileo platform and leveraging Bolero’s network of banks, HMM expects continued growth in 2022 by...

https://container-news.com/hmm-and-bolero-join-forces-to-accelerate-ebl-growth-in-asia/

MSC Launches Electronic Bills of Lading (eBL)

  • MSC customers will be able to receive the bill of lading electronically, without any change or disruption to their day-to-day business operations.
  • Eliminating paper from the shipping transaction will make every aspect of commercial container shipping easier, faster, more effective and more secure.
  • The shipping industry can save almost USD 4 billion by transitioning to an eBL.
  • Electronic bills of lading (eBL) help mitigate the impact of trade disruptions on cargo flows during COVID-19.

A recent...

https://mfame.guru/msc-launches-electronic-bills-of-lading-ebl/

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