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Paperless Trade Insights Q2 2018

Tags
ICC
Paperless Trade
Maersk
IBM
Sri Lanka
India
South Africa
Australia
Customs
Digitization
IMF
Logistics
Abu Dhabi
essCert
eCertificate of Origin
eCO
electronic bill of lading
supply chain
trade finance
Trade Tariffs
Blockchain
USA
Port Automation
IPPC
ePhyto
HSBC
Cargill
  Paperless Insights Q2 2018 HEADER

In our latest quarterly issue: countries get behind paperless trade, blockchain expectations revisited, trade tariffs as a driver for digitized supply chains, port automation & more! + SUBSCRIBE

Industry News & Views

Joined up TradeJoined-up Trade: ICC's recent Trade Finance Survey reveals staggering impact of digitization (up to $6bn in trade finance cost-cuts over 3-5 years) though more still to be done in agreeing common standards and prioritizing digitization (source: Deutsche Bank 'flow'). + READ MORE

Hindu businessIndian Maritime Trade goes Electronic: India's government mandates use of eInvoices, eBilling and eDelivery Orders via its state-operated Port Community System (source: Hindu BusinessLine). + READ MORE

LOGISTICS MGMTDigitized ocean cargo industry at “tipping point”?: INTTRA maintains the ocean cargo industry is moving beyond the “digitization tipping point” and is advancing from innovation to widespread action (source: Logistics Management). + READ MORE

ITWEBSouth Africa digitizes cargo tracking: South Africa's Revenue Service (SARS) has introduced an electronic cargo system that tracks the movement of cargo coming into and leaving the country's ports (source: ITweb.co.za). + READ MORE

gtr ausPositive outlook for Australian trade finance despite headwinds: Recent survey reveals trade digitization, among other factors, may act as a key driver for increased trade finance demand down under (source: GTR). + READ MORE

sri lanka customsSri Lanka to amend archaic customs law to enable paperless trade: Asian nation commits to updating its customs laws and ordinances to facilitate paperless trade and pre-arrival clearance (source: MirrorBusiness). + READ MORE

lagardeCreating a Better Global Trade System: According to the IMF's Christine Lagarde, digitization will intensify competition in global trade, pushing companies to boost investment in new tech and efficient business practices (source: LinkedIn Pulse). + READ MORE

EBN TARRIFFSTariffs Create Supply Chain Ripple Effect?: EBN article argues that trade tariffs must trigger companies to digitize their supply chains and benefit from increased visibility, speed and flexibility to remain competitive in times of political uncertainty. + READ MORE

HSBC BLOCKCHAINHSBC claims first trade-finance deal with blockchain: Financial Times coverage of Cargill's recent soybean LC transaction involving HSBC & ING via blockchain platform R3 Corda. + READ MORE

MAERSK BcMaersk downplays blockchain bet: Maersk Chairman revisits expectations 6 months following the company's joint investment in a blockchain trade initiatve with IBM (source: Version2.dk; translated from Danish). + READ MORE

abu dhabiAbu Dhabi introduces blockchain offering for paperless trade: Subsidiary of Abu Dhabi Ports launches new blockchain offering aimed at improving communication flow among its trade community (source: GTR). + READ MORE

top30 portsTop 30 U.S. Ports – Digitization is driving change: Logistics Management argues that investment in operational technology & port automation are becoming key differentiators for the US' leading ocean cargo gateways. + READ MORE

IPPCBeginner's Guide to ePhytosanitary Certification (ePhyto): IPPC releases its 'Beginner's Guide to ePhyto', a must-read for those looking to get involved in this important Agri trade digitization initiative (source: IPPC). + READ MORE

essDOCS Company News

essCert thumbIntroducing essCert – a next-gen eCO solution: Announcing the launch of our next-generation electronic Certificate of Origin (eCO) solution, essCert. + READ MORE
 

UNI PIRAEUS eBLSessDOCS presents eB/Ls at University of Piraeus: Greek press coverage of our recent CargoDocs eB/L presentation & demo to 300+ participants at Piraeus University (source: nautilia.gr; translated from Greek). + READ MORE

essDOCS in Numbers

Paperless Insights Q2 2018 Metrics