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South Korea embraces CargoDocs

South Korea
electronic bill of lading
yellow corn
Trade Digitization

CargoDocs is now live in South Korea, following the first ever use of electronic Bills of Lading into the Asian country for a series of shipments executed by leading agribusiness company, Cargill. The trades involved cargoes of bulk Soybean Meal exported from Brazil and bulk Yellow Corn exported form the US to South Korea.

essDOCS customer, Cargill, remains a leading player in agri trade digitization globally, as it continues to expand its use of CargoDocs into new trade lanes. The agribusiness company first signed up for operational use of the solution in 2013, since achieving numerous digitization ‘firsts’. It was the first ever company to go live with CargoDocs eB/Ls in the bulk agri commodities segment, the first to use the solution for 3rd party shipments and for containerized grain trades, the first to use CargoDocs for trades into countries such as Peru, Mexico, Japan, Jamaica, India and others, plus many more.

CargoDocs enables companies to achieve increased visibility and transparency across shipments, significantly reducing operational risks arising from manual document handling as well as delays related to physical couriering of documents – particularly where there are discrepancies – leading to increased efficiency plus significant time and cost-savings.

Out of a total of 203 countries where essDOCS solutions are used today, South Korea joins a growing list of 76 countries where CargoDocs electronic Bills of Lading are in use, covering tanker, bulker, container and barge movements.

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