Skip to main content
NVOCC Articles

Global Trade Review

By March 14, 2019October 1st, 202641,866 Comments

International Maritime Bureau

takes on bill of lading fraud with carrier register

Read News

The International Maritime Bureau (IMB) is seeking to stamp out bills of lading fraud with a code of conduct register for non-vessel owning common carriers (NVOCCs).

IMB is a division of the International Chamber of Commerce (ICC) that specialises in tackling maritime crime and malpractice.

IMB claims that up to 95% of the false – erroneous or fraudulent – bills of lading it has identified are issued by NVOCCs.
IMB bill of lading fraud with carrier register

Key Highlights

1

The bureau

which conducts bills of lading checks for its members, states that while the vast majority of NVOCCs issue documents correctly, there is a small minority that do not.
2

According to IMB

This could lead to fraudulent practices, and banks that unwittingly process false bills of lading may find no cargo underlying the documents, or that the shipments are misrepresented.
3

Emergence of eBLs

The emergence of eBLs has the potential to revolutionise the international trade industry as archaic paper-based systems mean goods are often held up in ports waiting for bills of lading to verify the goods. In addition to the increased speed of document transfers, the use of a blockchain-based system is also expected to significantly reduce the risk of fraudulent bills of lading being processed.
4

Bill of Lading Centre Stage

Bill of lading modernisation has taken centre stage recently: earlier this year tech giant IBM partnered with Pacific International Lines (PIL), one of Southeast Asia’s largest shipping firms, to complete a real-time pilot of its electronic bill of lading (eBL) add-on for the IBM Blockchain Platform.Elsewhere, platforms like Bolero and essDocs have long been working on industry-approved eBL applications that give carriers and logistics providers the ability to create, send and manage bills of lading digitally.
5

Bolero partnered with Evergreen Line

Bolero recently partnered with container carrier Evergreen Line to produce a paperless bill of lading and dispatch documentation via its ShipmentLink portal. It is also looking at how to redesign its eBL service using blockchain technology, following the signing of a memorandum of understanding with fintech consortium R3 in October.
6

NVOCC Register

The IMB NVOCC Register, which was launched in Singapore on January 15, will include a set of anti-fraud standards for the issuance of bills of lading and aims to create a database of creditable carriers that can be referred to by a NVOCC’s counterparties.
7

According to IMB

Member banks may also be able to process documents of carriers on the register faster than non-members
8

An IMB spokesperson tells GTR

The bureau’s members are encouraging their NVOCCS to join and that it has registered more than 10 carriers so far.
9

The spokesperson explains

Incidents of ship-owners/carriers or their agents issuing false bills of lading are uncommon because they take a big risk in doing so and open themselves to legal action.
10

However

“unlike the carriers or their agents, the majority of NVOCCs do not have any assets which are at risk in these transactions, except for their reputations.”

Related Posts

NVOCC Articles FIATA

FIATA

adminJuly 23, 2019
NVOCC Articles MarineLink

MarineLink

adminMarch 14, 2019
NVOCC Articles Corporate Fair Trade Community

Corporate Fair Trade Community

adminMarch 14, 2019

41,866 Comments

« Older Comments
Newer Comments »
  • Nathanaquap says:
    May 22, 2026 at 6:33 am

    В нашем магазине можно заказать оригинальные подарки и украшения для приятного сюрприза. В каталоге есть женские украшения, которые подойдут для дня рождения.

    Если хочется сделать приятный сюрприз, стоит обратить внимание на серьги. Такие вещи подчеркивают вкус и помогают сделать подарок действительно особенным.

    Каталог украшений и сувениров предлагает товары для тех, кто ценит качество. Здесь легко выбрать подарок для любимого человека, не тратя время на бесконечные поиски.

    Ассортимент регулярно обновляется, поэтому каждый покупатель может найти что-то свежее. Подарки и украшения помогают выразить внимание без лишних слов.

    kraken onion

  • Nathanaquap says:
    May 22, 2026 at 6:48 am

    У нас можно найти стильные подарки и украшения для приятного сюрприза. В каталоге есть милые мелочи, которые подойдут для свадьбы.

    Если хочется сделать приятный сюрприз, стоит обратить внимание на кольца. Такие вещи запоминаются надолго и помогают сделать подарок действительно особенным.

    Интернет-магазин подарков предлагает товары для тех, кто ценит внимание к деталям. Здесь легко выбрать подарок для любимого человека, не тратя время на бесконечные поиски.

    Ассортимент регулярно обновляется, поэтому каждый покупатель может найти интересную идею. Подарки и украшения помогают выразить внимание без лишних слов.

    kraken онион

  • industrial fluid measurement says:
    May 22, 2026 at 9:02 am

    scada system integrator|industrial fluid measurement|pressure instrument distributor industrial fluid measurement

  • narkolog na dom_dwel says:
    May 22, 2026 at 10:11 am

    вызов наркологической помощи вызов наркологической помощи

  • Davidhib says:
    May 22, 2026 at 10:35 am

    Круглосуточная наркологическая помощь: вызов нарколога и врача на дом в Казани, детоксикация, снятие запоя, консультация и лечение зависимости анонимно. Цена.
    Ознакомиться с деталями – нарколог на дом анонимно

  • c_szKr says:
    May 22, 2026 at 10:57 am

    Как Создание сайтов на WordPress отличается от работы на других CMS?

  • ShanePhona says:
    May 22, 2026 at 11:14 am

    This post is a fantastic resource for anyone wanting a reliable overview. The clear explanations and completely unbiased approach make it a pleasure to read, and I will certainly be keeping this page bookmarked for any future reference I might need.

    porno anime comic

  • nofraudguard.com says:
    May 22, 2026 at 11:47 am

    возврат денег от брокеров, https://https://nofraudguard.com// может быть сложным процессом. Многие инвесторы сталкиваются с неудобствами.

  • sunwin says:
    May 22, 2026 at 1:55 pm

    Woah this is just an insane amount of information, must of taken ages to compile so thanx so much for just sharing it with all of us. If your ever in any need of related information, just check out my own site!

  • Josephspete says:
    May 22, 2026 at 2:24 pm

    maskaret ayakkab? hakk?ndaki yaz?y? gercekten begendim. Suradan okuyabilirsiniz: https://sporfikirleri.com/articles/maskaret-ayakkabi-spor-giyim-modern-stil/

Leave a Reply

error: Content is protected !!