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Paperless Trade Insights Q4 2020

Tags
Paperless Trade
Trade Digitization
trade finance
Digital Trade
COVID-19
eDocs
Digital Standards
eB/L
electronic bill of lading
ICC
UNESCAP
CargoDocs
Africa PLC
Rana Gruber
NGFDS
NGFA
BDT
Rio Tinto
HSBC
Ferrexpo
thyssenkrup
Kolkata Port Trust
APAC
ASEAN
AfCFTA
  Paperless Insights Q4 2020 HEADER

In our latest quarterly issue: Covid-19 accelerates trade digitization to bolster supply chain resilience as challenges remain, digital trade & trade finance standards take shape, governments and trading blocs announce initiatives to support post-pandemic recovery plus much more! + SUBSCRIBE

Industry News & Views

DCSA NEW thumbDCSA Publishes Standards for the Bill of Lading: Digital Container Shipping Association (DCSA) takes major step towards digital standards for the electronic bill of lading (eB/L), set to play a key role in accelerating the industry’s move to paperless (source: DCSA). + READ MORE

MAPPING TRADETECH THUMBMapping TradeTech – Trade in the Fourth Industrial Revolution: World Economic Forum publishes report on the state of emerging trade technology, incl. insights into opportunities & challenges around the use of AI, IoT, blockchain & more (source: WEF). + READ MORE

EY THUMBVideo – EY CEO on Economic Recovery, Supply Chain Digitization & ESG: EY CEO talks Covid supply chain disruptions & post-Covid recovery, incl. insights from survey findings on supply chain digitization, plus the need for investing in ESG in these times (source: Bloomberg). + READ MORE

COMMOD FINANCE THUMBCommodity-finance industry in Singapore gets code of best practices: Aiming to provide a benchmark for banks' lending standards and make Singapore more resilient and competitive as a global commodity trading hub (source: Business Times). + READ MORE

INTL BANKER THUMBTrade Financing – Enabling Trade-Based Economic Recovery: Trade Finance expert, A.R Malaket, argues that creating a solid foundation for trade’s Covid-19 recovery demands that all actors move decisively to digital trade / finance (source: International Banker). + READ MORE

ASEAN THUMBASEAN countries launch customs system to boost trade: Economic ministers from the ASEAN member countries have launched the ASEAN Customs Transit Systems (ACTS) to improve the flow of goods across the region (source: Port Technology). + READ MORE

UN EIF THUMBUN & EIF Launch Interactive Guide On Cross-Border Paperless Trade: UNESCAP, in collaboration with UNCITRAL and EIF launch interactive guide to support country readiness assessments for cross-border paperless trade (source: UNESCAP). + READ MORE

RCEP THUMBRCEP  Asia-Pacific countries form world's largest trading bloc: 15 APAC countries, including China, Japan and South Korea, have formed the world's largest trading bloc, The Regional Comprehensive Economic Partnership (RCEP) (source: BBC News). + READ MORE

INFO SHARE THUMBInformation Sharing Communities for Digitally Enabled Supply Chain Visibility: UNCTAD calls for more data sharing and interoperability across the physical and financial supply chain, to make shipping more efficient, sustainable and resilient (source: UNCTAD). + READ MORE

COVID ACCELERATE DIGITAL THUMBCOVID-19 Accelerates Drive For Digitisation Of Shipping: Port-focused overview on driving digital trade in shipping makes the case for reducing risks from paper-based transactions and human contact, while lowering costs and reducing trade disruption (source: HSN). + READ MORE

WEF THUMB NEWShould trade continue to be global after the pandemic?: Overview of trade challenges incl. fears of Covid-spurred protectionism, countered by opportunities for digitizing trade to increase transparency, access to finance & supply chain resilience (source: WEF). + READ MORE

FIRST MOVER THUMBTech “first movers” recovered quickest from Covid-19 trade slowdown, report finds: UNCTAD Annual Review of Maritime Transport cites DCSA research noting sharp increase in eB/L adoption, as tech first movers recover quickest from slowdown (source: GTR)+ READ MORE

SPORE TRIAL THUMBSingapore trialling digital documentation with two Chinese ports to cut paperwork: As part of the Asian nation’s efforts to build its Networked Trade Platform (NTP), to allow for electronic document exchange (source: The Straits Times). + READ MORE

BC DLT THUMBBlockchain & DLT in trade – A reality check: Insights on the current state of DLT / blockchain in trade from a recent whitepaper by TFG & the WTO, covering key projects, companies, consortia and standardization initiatives in the DLT trade / finance space (source: TFG). + READ MORE

SCF COVID THUMBSupply Chain Finance (SCF) in the time of Covid: Despite industry fears, since Covid-19, demand for SCF has soared & funding has remained stable, further supported by digitization to enable better risk management and supply chain resilience (source: GTR). + READ MORE

essDOCS News

BDT THUMB GO LIVEUS Agri Houses & Barge Lines go live with Barge Digital Transformation (BDT) Solution: US agri barge trade goes digital, as the CargoDocs-powered NGFDS Barge Digital Transformation (BDT) solution goes live with a large network of shippers, traders & carriers. + READ MORE

METALS WEBINAR THUMBKey Takeaways from the essDOCS Webinar on Paperless Trade in Metals & Minerals: Key takeaways plus video recording from our webinar on paperless trade in metals & minerals, featuring expert panel insights from the ICC, Rio Tinto & HSBC. + READ MORE

RG THUMBRana Gruber goes live with CargoDocs executing its first paperless transaction in record time: Rana Gruber recently went live with CargoDocs in an iron oxide concentrate shipment; one of the fastest go-lives for an eB/L transaction executed end-to-end in just 30 min. + READ MORE

AI PLC THUMBessDOCS & AfricaPLC partner to accelerate use of digital trade documents in Africa: Partnership extends the use of our digital trade solutions in Africa, accelerating paperless trade across the continent and connecting AfCFTA countries with global markets. + READ MORE

FXPO TS THUMBFerrexpo & thyssenkrupp Steel go live with CargoDocs electronic bills of lading: Metals & minerals supply chains continue to make significant headway in paperless trade as Ferrexpo & Thyssenkrupp join growing no. of companies adopting CargoDocs. + READ MORE

INDIA WEBINAR THUMB FINALWebinar Recording – Adopting electronic Bills of Lading at Indian Ports: Why the time is now: Panel insights from essDOCS, Kolkata Port Trust & Portall Infosystems on how recent efforts between Indian trade stakeholders are enabling eB/L adoption in India today. + READ MORE

essDOCS in Numbers

Paperless Insights Q4 2020 Metrics

 

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