COSCO Shipping Bulk Co Ltd, a subsidiary of State-owned China COSCO Shipping Corp, issued the first electronic bill of lading (eBL) for bulk cargo through a collaborative effort with its clients on Monday, using blockchain technology on the Global Shipping Business Network (GSBN) platform.
This initiative aims to empower and expedite the safe and efficient execution of cross-border trades involving bulk cargo, marking a significant milestone in the application of the IQAX eBL electronic bill of lading system in the dry bulk shipping sector, said the Guangzhou-based COSCO Shipping Bulk in a statement.
Owned by Hong Kong-based IQAX Ltd, IQAX eBL is an intelligent solution that connects the entire industrial chain including international finance, trade and shipping businesses.
The blockchain eBL, pertaining to a shipment of 75,000 metric tons of coal, was carried by a Panamax-type vessel owned by the COSCO Shipping Bulk from Newcastle Port, Australia to China.
Following its issuance by COSCO Shipping Bulk, the eBL underwent seamless confirmation through an online process involving various collaborative parties within the business chain, including Yancoal Australia Ltd, Yankuang (Hainan) Intelligent Logistics Technology Co Ltd and Xiamen International Trade Energy Co Ltd, effectively streamlining the entire trade process involving mining companies, traders, end-users and banks, providing a more efficient solution for international bulk cargo trade, said the statement.
COSCO Shipping Bulk said the use of electronic bills of lading reduces the need for letters of indemnity, thereby mitigating legal and commercial risks, expediting delivery, streamlining processing procedures, contributing to reduced carbon emissions through diminished reliance on paper documents, saving trade costs, promoting trade acceleration and supporting environmentally friendly low-carbon trade practices.
O que devo fazer se tiver dúvidas sobre meu parceiro, como monitorar o telefone celular do parceiro? Com a popularidade dos telefones inteligentes, agora existem maneiras mais convenientes. Por meio do software de monitoramento do telefone móvel, você pode tirar fotos remotamente, monitorar, gravar, fazer capturas de tela em tempo real, voz em tempo real e visualizar telas do telefone móvel.
Você também pode personalizar o monitoramento de determinados aplicativos, e ele começará imediatamente a capturar instantâneos da tela do telefone periodicamente.
At Global FCL, we are dedicated to delivering exceptional
service and expertise to our clients. As a
leading U.S.-based logistics provider, we are proud of our strong reputation for
excellence in the industry. Backed by years of experience, we offer
reliable and efficient commercial freight transportation solutions customized to meet your specific needs.
We amplify your business with new comprehensive
capabilities to put anyone to work, in any category, in any location, in any country, for any type of assignment,
for any period of time, with any type of currency. And we
do it all in total compliance. All of which creates more opportunities to increase your revenue by
providing your clients access to the world’s global, mobile, and remote pool of independent talent.
Excellent read, I just passed this onto a friend who was doing some research on that. And he actually bought me lunch as I found it for him smile Thus let me rephrase that: Thank you for lunch!
I know of the fact that today, more and more people are being attracted to cameras and the area of digital photography. However, to be a photographer, it’s important to first commit so much time period deciding the exact model of photographic camera to buy and moving out of store to store just so you may buy the most inexpensive camera of the trademark you have decided to pick. But it does not end at this time there. You also have to contemplate whether you should obtain a digital digicam extended warranty. Thx for the good ideas I acquired from your website.
Thanks for sharing these kinds of wonderful articles. In addition, an excellent travel and medical insurance strategy can often eliminate those worries that come with travelling abroad. Any medical crisis can in the near future become very costly and that’s bound to quickly decide to put a financial burden on the family finances. Putting in place the great travel insurance offer prior to leaving is worth the time and effort. Thanks
Thanks , I’ve just been searching for info about this subject for ages and yours is the best I have discovered so far. But, what about the bottom line? Are you sure about the source?
My brother suggested I might like this blog. He was totally right. This post actually made my day. You cann’t imagine just how much time I had spent for this info! Thanks!
One thing I’ve noticed is the fact that there are plenty of beliefs regarding the lenders intentions whenever talking about property foreclosures. One myth in particular is always that the bank needs to have your house. The bank wants your cash, not your home. They want the bucks they loaned you along with interest. Keeping away from the bank will simply draw some sort of foreclosed realization. Thanks for your article.