HMM, CargoX join forces on eBL

News

South Korea’s HMM partners with CargoX on electronic bill of lading.

HMM, Korea’s largest container carrier, has announced a strategic partnership with Slovenia-based shipping tech startup CargoX, to introduce electronic bill of lading (eBL) features on the HMM digital service platform.

As part of the partnership, HMM will integrate the CargoX Platform into its digital services with the aim of streamlining the process of handling trade documentation, making it more efficient and secure.

“We are delighted to announce the launch of our electronic bill of lading service in partnership with CargoX, a leading provider of electronic document solutions. This new eBL capability will enable us to deliver an enhanced service to our customers and spearhead the digitalisation of the shipping industry,” said Kurt (Wonjun) Jang, SVP of HMM Container Operation Office.

“This collaboration advances global trade by implementing efficient, fast, and secure electronic bills of lading. As the logistics industry digitises, we are proud to support HMM in leading this transformation,” said Bojan Čekrlić, CEO of CargoX.

CargoX said that customers using HMM services can now generate eBLs within the HMM digital service system and transfer them through the global CargoX Platform.

The eBL document lifecycle includes features such as transfer, surrender, and document acceptance. Each eBL will be recorded on the public ledger.

Initially, the service supports electronic bills of lading in PDF format, with structured data eBLs based on the forthcoming DCSA eBL standard to be available soon, according to CargoX.

The HMM digital services platform and CargoX Platform integration will be available as of 8 July 2024.

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