Project

A. General Information

1. Title

Singapore-Rotterdam eBL Collaboration

2. Status of the project
Terminated
3. Implementation period of the project/service:
From
Jan-2021
To
2022
5. Geographical coverage
Bilateral
Participating countries: Netherlands, Singapore
6. Participating agencies/entities of the project/service:
a. Development stage
Lead agencies/entities
Customs Administrations of Singapore and Netherlands
Other participating agencies/entities
Freight Forwarders
Shipping Lines
Logistics and Service Providers
b. Operational stage
Lead agencies/entities (op)
--
Other participating agencies/entities (op)
--
7. Main stakeholders/beneficiaries of the project
Traders (big enterprises)
Traders (SMEs)
Transport
Customs
Other Government Agencies (OGAs)
8. Business process category of the project
Commercial Transactions
Forwarding and cargo handling
Transport
Regulatory/official control
Payment

B. Lessons Learned

9. Summary description of the project/service
Brief Summary

In January 2021, Singapore and Rotterdam, Netherlands, completed a trial using an eBL to shadow a live shipment.

 

a. Objective(s)

In January 2021, Singapore and Rotterdam, Netherlands, completed a trial using an eBL to shadow a live shipment. This shipment was carried out by Ocean Network Express (ONE) in collaboration with Olam and used two different digital platforms, i.e. #dltledgers’ and NaviPorta to perform the title transfer and surrender transactions. Both platforms leveraged the TradeTrust framework as the underlying technology to facilitate these transactions.

b. Business need for the project (background)

Digitalizing trade processes is not only a technology challenge but would also need to consider business needs, standardization and law. To do so, Singapore has adopted the United Nations Commission on International Trade Law’s (UNCITRAL)

Model Law on Electronic Transferable Records (MLETR) into its legislation, a move that provides electronic trade documents such as electronic bills of lading (eBLs) the same legal standing as their paper-based counterparts. Further to this, Singapore has established partnerships such as Digital Economy Agreements (DEAs) with trading partners, creating common frameworks and rules for digital trade that will enable companies to connect with their partners abroad more seamlessly. Additionally, collaborations with international organizations like the International Chamber of Commerce (ICC) and SWIFT help to assure global players of Singapore’s robust and holistic approach to shifting trade from a paper-based system to a digitally enabled one.

c. Business process covered*
--
d. Overall architecture and functionalities*
--
e. Relevant document/figure
10. Documents and data exchanged via the project

Electronic Bill of Lading

11. Data models/databases, proprietary solutions, hybrid approaches
--
12. Main challenges faced during the project
--
13. Lessons learned from the project
--
14. Main benefit(s) of the project
Transaction Cost savings*
Transaction Time savings
Simplified process
14A. Elaborations/detailed description on benefits gained
--
15. Technical/financial/capacity building/other assistance
--
16. Future plan for expansion of the project
--
17. Other information or relevant references on the project

TradeTrust components

18. Relevant document regarding the project
--

C. Relevant Standards

20. Electronic message standard
20A. Electronic message standard supporting the project
--
20B. Type of standard for electronic message applied for the project
--
21. Technical communication standard
21A. Technical communication standard supporting the project
--
21B. Type of technical communication standard applied for the project
--
22. Security-related standards*
22A. Security-related standard supporting the project
--
22B. Type of security-related standard applied for the project
--
23. Other Technical Information
23A. Interface developed for data exchange with an internal system
--
23B. Other technical implementation information
--