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 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

Indian 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

Digitized 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

South 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

Positive 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 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

Creating 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

Tariffs 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 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 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 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

Top 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

Beginner'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

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

essDOCS 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

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