eBL solution providers create digital platforms that facilitate the transfer of electronic trade documentation. They are playing a pivotal role in the development and adoption of DCSA’s global standards, and have been working closely with our team to establish a new framework for eBL platform interoperability.
By enabling the seamless exchange of data across platforms, eBL platform interoperability gives the industry access to the full benefits of the eBL – including more efficient processes, enhanced security and, a reduction in costs.
The new framework will be a key enabler for widespread digitalisation and eBL adoption – and it's on its way!
eBL Platform Interoperability refers to the ability to seamlessly exchange electronic bills of lading (eBLs) across different operating platforms. This ensures digital documentation can be easily accessed by all stakeholders involved in a given transaction – be they shippers, carriers, or financial institutions.
The adoption of the eBL presents a significant opportunity to revolutionise centuries-old container shipping practices.
While eBL solution providers’ key purpose is to facilitate the transfer of eBLs, a lack of interoperability between different eBL platforms constitutes a major barrier to adoption. eBL Platform Interoperability allows stakeholders to work with their provider(s) of choice to communicate with partners across the supply chain, regardless of whether they are using the same platform – just as we do to transfer of other types of digital information.
This not only supports wider eBL adoption and faster progress, but also creates a more level playing field for eBL providers – fostering innovation and creating a strong foundation for the development of new digital solutions in container shipping.
Are you a freight forwarder, cargo owner or bank interested in participating in an eBL Platform Interoperability Pilot? Contact us to get involved.
Are you a freight forwarder, cargo owner or bank interested in participating in an eBL Platform Interoperability Pilot? Contact us to get involved.