Challenge Owner(s) |
Maritime and Port Authority of Singapore (MPA), Infocomm Media Development Authority (IMDA), Digital Shipping Container Association (DCSA)
|
---|---|
Organiser(s) | Maritime and Port Authority of Singapore (MPA) |
Industry Type(s) |
Digital/ICT, Logistics, Sea Transport, Wholesale Trade
|
Opportunities and Support | Selected projects may be eligible for up to 70% of project grant for qualifying items. |
Application Start Date | 21 April 2021 |
Application End Date | 31 July 2021 |
Website | Click here to learn more |
About Challenge
MPA, supported by the Infocomm Media Development Authority and Digital Container Shipping Association would like to invite industry to submit proposals for development, enhancement, and pilot electronic bills of lading (eBL) solutions for cross-border trade.
Challenge Owner(s) | Maritime and Port Authority of Singapore (MPA), Digital Shipping Container Association (DCSA), Infocomm Media Development Authority (IMDA) |
---|---|
Industry Types(s) | Digital/ICT, Logistics, Sea Transport, Wholesale Trade |
Maritime and Port Authority of Singapore (MPA), supported by the Infocomm Media Development Authority (IMDA) and the Digital Shipping Container Association (DCSA)
eBLs were first introduced in the 1990s. However, only 0.1% of bills of lading are issued electronically today, in limited or closed systems, with each guided by their own rules and standards. In addition, supply chain parties may have different BL formats or varying IT system requirements, making it challenging for eBLs to be used freely for cross-border trade. The lack of statutory law recognition is one other factor that impedes adoption.
What We Are Looking For
With the amendment of Singapore’s Electronic Transactions Act, MPA would like to:
- Encourage Industry Adoption through Consortiums: BL is a key legal document in maritime trade providing proof of ownership of goods in transit. As such, it requires commitment and collaboration between supply chain partners to digitalise the end-to-end BL handling process. Through this Call, MPA would like to bring about collaborations to trial, adopt and realise commercial value (tangible and intangible).
- Develop eBL Solutions: With legal and technology developments in the space of digital trade, MPA would like to catalyse development, enhancement and pilot of eBL solutions that are able to conduct (a) title transfer interoperability across different digital ecosystems, (b) comply to UNCITRAL MLETR and leverage on legislation framework(s) of jurisdiction(s) that have adopted MLETR, (c) adopt industry standards where applicable.
Sign up for the latest innovation updates
Customise your preferences to receive updates in industries you're interested in.