CargoX joins BIMCO to advance eBL adoption

(Ljubljana, Slovenia, June 17 2024) - CargoX, the provider of the CargoX Platform for Blockchain Document Transfer (BDT), serving more than 125,000 companies worldwide, has become a member of The Baltic and International Maritime Council, one of the largest international shipping associations representing shipowners.

CargoX offers robust tools for creating and transferring BIMCO and other standardised electronic bills of lading (eBL) on the CargoX Platform, leveraging a public digital ledger to ensure transfer transparency, document validity and security. The platform has facilitated the creation of more than 7 million electronic trade documents, demonstrating exceptional reliability and ease of use. 

BIMCO members cover 62% of the world’s tonnage and consist of local, global, small and large companies. The organisation is joined by more than 2000 members in 130 countries. BIMCO operates offices in Houston, London, Copenhagen, Athens, Brussels, Singapore and Shanghai.

BIMCO standardised terms to promote equality and fairness in the shipping industry. Their comprehensive library of over 300 contracts and clauses provides essential tools for members of all sizes across all shipping sectors. Additionally, BIMCO offers a range of practical tools, products, services and expert advice to help members navigate towards a sustainable future. These resources include training, events, publications, news and insights to market analysis, port information and voyage planning. 

BIMCO actively represents shipowners in discussions and decisions with global and regional regulators, ensuring their interests are well-protected. 

About BIMCO

BIMCO is the world's largest international shipping association, with over 2,000 members in around 130 countries, representing 62% of the world’s tonnage. BIMCO  global membership includes shipowners, operators, managers, brokers, and agents. BIMCO is a non-profit organisation. 

About CargoX

The global CargoX Platform for Blockchain Document Transfer (BDT) helps governmental entities and more than 125.000 companies around the world exchange electronic trade documents instantly and cost-efficiently in supply chain, finance, manufacturing, trading, energy, and services industries.