COSCO Shipping uses first electronic bill of lading for bulk cargo

COSCO Shipping Bulk Co Ltd, a subsidiary of State-owned China COSCO Shipping Corp, issued the first electronic bill of lading (eBL) for bulk cargo through a collaborative effort with its clients on Monday, using blockchain technology on the Global Shipping Business Network (GSBN) platform. This initiative aims to empower and expedite the safe and efficient …

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