Skip to main content
NVOCC Articles

International Trade Council

By March 14, 2019October 1st, 202639,378 Comments

Misuse of NVOCC Bills of Lading brings

New Certificate to raise Industry Awareness

The ICC Academy — the educational arm of the International Chamber of Commerce (ICC) — in partnership with the International Maritime Bureau (IMB), has developed a specialised certificate for Non-Vessel Owning Common Carriers (NVOCC) Bills of Lading (B/L). Launched today in Singapore at a high-level event, hosted at Enterprise Singapore, the programme aims to raise standards and reliability of maritime trade for active NVOCCs and their trading partners operating in the global market.

ICC Academy General Manager Daniel Kok said:

“Bills of lading are one of the most vital documents associated with trade, making it essential that NVOCCs have the right understanding of their role. Our goal with this certificate is to provide the right knowledge and expertise that will help boost industry standards along the trading transaction chain.”

IMB estimates that over 95{35784a3acc53c3fb97930ebb57e7c2f91cc4408c54cb9242c52169e2b6c96453} of issued B/L by NVOCC are incorrect. In today’s complex international environment, it is crucial that documents are not only delivered properly but also comply with the IMB’s Code of Conduct.

The launch event included a half-day ceremony that featured a demonstration of the certificate programme and a roundtable discussion on IMB’s NVOCC Register, which works to improve anti-fraud standards. The panel was moderated by IMB Director Pottengal Mukundan. Panelists included Steven Tan Kok Boon, Executive Director of the United Overseas Bank; Ramaprasad Perumbala, Director, Trade Finance Operations of Deutsche Bank; Baldev Bhinder, a Partner at Joseph Tan Jude Benny Law Firm; Aarthi Fernandez, Head of Global Trade at Standard Chartered Bank; and Michael Howlett, IMB Deputy Director.

The launch event included a half-day ceremony that featured a demonstration of the certificate programme and a roundtable discussion on IMB’s NVOCC Register, which works to improve anti-fraud standards. The panel was moderated by IMB Director Pottengal Mukundan. Panelists included Steven Tan Kok Boon, Executive Director of the United Overseas Bank; Ramaprasad Perumbala, Director, Trade Finance Operations of Deutsche Bank; Baldev Bhinder, a Partner at Joseph Tan Jude Benny Law Firm; Aarthi Fernandez, Head of Global Trade at Standard Chartered Bank; and Michael Howlett, IMB Deputy Director

Mr Mukundan — who is also the author of the certificate curriculum — said:
A bill of lading is one of the most critical elements of an international trade transaction. When the content of a bill of lading is manipulated, the risks of fraud, malpractice or money laundering increases significantly for the stakeholders relying upon it — these include banks, shipping companies and counterparty traders. It is therefore important that NVOCCs understand the key role played by the bill of lading that they issue and the need for them to accurately represent the physical shipment.

The e-course covers everything from the basics of trade logistics and recognising the process of B/L issuance to the reliance of stakeholders on correct B/L and how the document can be misused along with its consequences. Designed for NVOCCs operating in global markets — as well as related stakeholders in banks, actual carriers, cargo owners and other general traders — the interactive programme offers case studies, structured lessons, self-assessments, models, videos and a virtual coach.

39,378 Comments

  • A friend of mine advised me to review this site. And yes. it has some useful pieces of info and I enjoyed reading it.

  • I don’t normally comment on blogs.. But nice post! I just bookmarked your site

  • I’ve thought about posting something about this before. Good job! Can I use part of your post in my blog?

  • I am glad to be a visitor of this perfect blog !, appreciate it for this rare info!

  • I saw a similar post on another website but the points were not as well articulated.

  • Registrera says:

    Your article helped me a lot, is there any more related content? Thanks! https://www.binance.bh/register?ref=JW3W4Y3A

  • Obstawiam tu od wiosny, wiec mysle ze moge cos dorzucic od siebie. Znalazlem to przypadkiem, z prostego powodu — zmeczylo mnie czekania po tydzien na kase gdzie indziej. To co FieryPlay ma w lobby robi wrazenie objetoscia — cos ponad 3000 pozycji, w wiekszosci Pragmatic Play, Play’n GO, NetEnt i troche Yggdrasil oraz Betsoft.

    Ja gram glownie w Gates of Olympus i Sweet Bonanza, banal, wiem. Plus za to ze mozna odpalic demo bez zakladania konta, sprawdzilem tak ze cztery nowe sloty zanim wplacilem cokolwiek. Filtrowanie niestety kuleje — szukanie po nazwie dziala, reszta srednio.

    Sekcja live oparte na Evolution co akurat jest zaleta. Klasyka: ruletka, blackjack, plus te ich show typu Crazy Time — potrafi wciagnac na dluzej niz zakladalem. Prawdziwi ludzie po drugiej stronie, w wiekszosci anglojezyczni, na polski stol nie trafilem — dla czesci osob to minus.

    Bonus powitalny w FieryPlay to 100% do 1500 zl plus spiny i 100 free spinow, wydawane po 20 dziennie. Wager x35 — da sie przerobic, choc trzeba pilnowac. Zdarzaly sie jakies spiny bez depozytu za weryfikacje numeru, choc to akcja czasowa. Warunki przejrzyj zanim klikniesz — promocje rotuja dosc szybko, najnowsze warunki sa opisane na fieryplay jesli chcesz sprawdzic przed rejestracja.

    Rejestracja zajela mi minute, moze dwie, od 20 zl mozna zaczac. Wrzucam kase Mastercardem, obok tego dzialaja Skrill, Neteller oraz Bitcoin. Wyplaty na Skrilla przyszly mi tego samego dnia, przelew na karte wolniej. KYC na start — standard, poszlo gladko.

    Na telefonie lece przez przegladarke, apki nie ma i chyba nie potrzeba. Obsluga na FieryPlay odpisal mi po polsku dosc szybko, do dziesieciu minut, raz musialem powtorzyc pytanie dwa razy. Licencja Curacao — nie jest to najmocniejszy papier na rynku. Limitow na siebie nie ustawialem, ale opcja jest w profilu.

  • Danieltub says:

    AzCopy supports high-performance transfers between local systems Здесь

  • sa影视 says:

    很多时候,选择不是从剧情介绍开始的,而是从一秒钟的好奇心开始的。遇到《这是我的西游第2季》时,不妨先把它当作一段待展开的体验,而不是急着用类型把它概括完。先被情绪带进去,再看资料和入口,往往比直接堆砌信息更容易做出选择。真正适合自己的内容,往往不是被热度推出来的,而是题材、节奏和此刻心情刚好碰上。等你先理解它的气质,再进入正片,后面的体验通常会更顺。当悬念、题材和入口三件事对齐时,点开就不再像盲选,而像顺着线索继续往下走。把节奏先稳住,再决定要不要继续,会更不容易因为一时冲动而失望。如果只是想减少盲选成本,就先看页面给出的线索是否清楚,再决定要不要把时间交给它。别急着被热度牵走,先把可查信息看清楚,后面的观看体验通常会更稳。这种引导不需要说得太满,只要把悬念、情绪和可查信息连起来,就会自然很多。先确认入口、播放状态和内容气质,能避免点开之后发现节奏与当下心情错位。这也是更贴近真实习惯的选择方式:先有一点好奇,再顺着详情和入口慢慢判断。比起只看几句零散短评,先把标题、简介和入口放在一起观察,更容易分清它适合追更、补片还是临时试看。需要把剧情简介、人物信息和播放入口放在一起判断时,可以查看这是我的西游第2季剧情简介与观看指南。

  • kijangtoto says:

    It is always valuable to see discussions focused on upcoming events and how they can bring people together.

Leave a Reply

error: Content is protected !!