A new government initiative, the Shipbuilding Credit Guarantee Scheme (SCGS) is aimed at providing financial assistance to ship buyers, enabling them to purchase UK-built vessels and enhance their existing fleet.… read more →
The Electronic Trade Documents Bill has today received Royal Assent, and is officially an act of law (the Electronic Trade Documents Act), promising to transform the way international trade is conducted electronically.
UK Export Finance (UKEF) announced that they will provide £5 million in support for a Wirral-based specialist manufacturer of boats serving search and rescue, defence, and security sectors. Marine Specialised… read more →
Breach detection is the very essence of EyeSeal. Its standout characteristic lies in its internal installation of the device within shipping containers, delivering a significant edge over externally mounted devices that are susceptible to tampering.
Today, EyeSeal Inc., along with PROSS and Tempest, their global distribution partners, announced that EyeSeal’s cargo breach detection device and EyeTrack application have successfully completed Gateway2Britain digital trade pilot. EyeSeal… read more →
The latest reading of the barometer index indicates positive growth, with a rise from 92.2 in March to 95.6. However, it remains below the baseline value of 100, indicating a… read more →
To successfully digitalise Bills of Lading, the three necessary foundations are law, standards and technology. Without their proper application, any eBL SaaS platform, notwithstanding the attractiveness of the business model, is unstable.
Today, HSBC unveiled a pioneering banking solution in Hong Kong, introducing point-of-sale financing for business-to-business (B2B) transactions. This offering will empower B2B sellers on online platforms to provide extended payment… read more →
In international trade, shipping containers are vital for transporting goods safely and securely. To use them, however, many shipping lines require traders to put down deposits – known as container deposits – to safeguard against possible liabilities such as damage, demurrage, or total loss of the container.
The 52-page ICC DSI report identifies and defines the key data elements held within each of the seven identified key trade documents: namely, the certificate of origin, customs declaration, packing list, bill of lading, commercial invoice, warehouse receipt, and insurance certificate.
