$4bn in savings a year from 50% take-up of e-Bills of Lading
MSC Mia sistership MSC Isabella A 50% adoption of usage of electronic Bills of Ladings by shippers in the next 10 years could save the container shipping $4bn in costs annually. Despite this significant cost saving estimated by the Digital Container Shipping Association (DCSA) the adoption of the e-Bill of Lading remains in its infancy. The idea of an a digital or e-Bill of Lading has been around for the better around 30 years, however, difficulties in moving paper documentation around the world with the onset of the Covid-19 pandemic last year is finally starting to drive adoption in c...