Assore goes live with CargoDocs
The shipment involved a cargo of iron ore lumps exported from Saldanha Bay, South Africa to Rotterdam, Netherlands, with Assore’s marketing subsidiary, Ore & Metal Company Limited, acting as Shipper, and a major European steelmaker acting as Receiver.
All supply chain participants – namely Exporter, Importer, Drafting Agents and Carrier – used CargoDocs to handle the original electronic Bill of Lading. Key actions including document drafting, collaborative review, sign, issue, endorse and surrender were executed online using the essDOCS platform, ensuring timely cargo discharge against original eDocs as a result of accelerated document turnaround & transfer times.
Commenting on the recent go-live transaction, Jaco Venter, Managing Director, Ore & Metal Company Limited, said: “Ore & Metal Company Limited is delighted to have concluded our first Electronic Bill of Lading on the essDOCS platform as it supports our focus to tap into available technologies to enhance our service to our customers, in particularly the digital and electronic spheres, as well as to promote the use of latest technologies for the most efficient delivery and conclusion of our transactions. The support from the essDOCS team was exceptional and we look forward to growing our portfolio of transactions on the essDOCS platform in the future.”
Assore joins a growing number of Metals & Minerals supply chain stakeholders adopting essDOCS solutions to digitize their post-trade processes.