Aim is to facilitate acceptance and adoption of an eBL by regulators, banks and insurers
FIT Alliance to standardise digitalisation of global trade
Digital Container Shipping Association (DCSA), in association with its nine member-carriers, announced the formation of the Future International Trade (FIT) Alliance with the signing of a memorandum of understanding (MoU) between DCSA, BIMCO, International Federation of Freight Forwarders Associations (FIATA), the International Chamber of Commerce (ICC) and SWIFT to standardise the digitalisation of international trade.
The FIT Alliance will work together to generate awareness about the importance of common and interoperable data standards and common legislative conditions across international jurisdictions and platforms. The aim is to facilitate acceptance and adoption of an eBL by regulators, banks and insurers and to unify communication between these organisations and customers, physical and contractual carriers and all other stakeholders involved in an international trade transaction," according to an official release from DCSA.
Read More...www.logupdateafrica.com
