Congratulations to our ICE CargoDocs customers BHP, Rio Tinto, Vale and Anglo American for this fantastic achievement. Congratulations also to BIMCO and the FIT Alliance for their tireless leadership. 

eBL adoption is accelerating in all shipping modes (tramp, breakbulk, barge and liner) as Governments, Multilateral Institutions, NGOs and Industry push for greater trade digitization.

This achievement is particularly impressive as the vast majority of these transactions involve negotiable eBLs, of which a significant portion cover negotiable eBLs and supporting docs being digitally presented under eUCP 2.1 governed letters of credit under confirmed and, in some cases, back-to-back LCs.

This milestone would not have been possible without the deep collaboration between these mining companies and the ICE Digital Trade Customer Success team, who together built out the network of traders, banks, ship agents and bulk operators involved in these trades.