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.
Amazing! Your site has quite a few comment posts. How did you get all of these bloggers to look at your site I’m envious! I’m still studying all about posting articles on the net. I’m going to view pages on your website to get a better understanding how to attract more people. Thank you!
Ostro gram tu od zeszlej jesieni, wiec mam juz jakies zdanie. Podrzucil mi link kolega z pracy, ktory wczesniej siedzial na innym serwisie. Wybor gier w 888starz jest ogromny — mowimy o ponad 4000 automatow, choc nie oszukujmy sie polowy nigdy nie odpalisz. Pragmatic, NetEnt i Microgaming sa najbardziej widoczne, Gates of Olympus i Book of Dead siedza na gorze listy popularnych.
Pakiet powitalny kreci sie wokol 100% doladowania z dorzuconymi 50 darmowymi spinami. Przy zakladaniu konta z kodem czasem podbijaja pule. Ale jest haczyk — wymagany obrot wynosi 40-krotnosc, i termin jest krotki, bodajze 7 dni. Sam sie na tym przejechalem. Biezace oferty sprawdzisz na 888starz zanim klikniesz “zaloz konto”.
Wplaty minimum to okolo 20-40 zl, karta Visa czy Mastercard dziala. Ja wyplacam w krypto bo idzie najszybciej. Wyplaty w 888starz na portfele przychodzi w kilka godzin, za to na konto bankowe czekalem raz trzy dni. Dokumenty trzeba wrzucic — u mnie zeszlo jakies 12 godzin.
Kasyno na zywo stoi na Evolution i naprawde czuc roznice. Crazy Time i Monopoly Live — stoly chodza plynnie. Szkoda tylko ze po polsku prawie nic nie ma. Na telefonie wszystko smiga w przegladarce, jest tez apka na Androida.
Czat na 888starz jest po polsku i to nie brzmi jak automat. Raz czekalem kwadrans, zwykle szybciej. Licencja to Curacao, co dla czesci osob bedzie minusem. Mnie osobiscie nie przeszkadza, ale kazdy niech oceni sam.
I really like how this post manages to keep the content thoughtful while still maintaining a relaxed and conversational tone, because that combination helps make the discussion more pleasant and accessible for a wider audience.
شراء تادالافيل عبر الإنترنتanal sex porn لممارسة الجنس الشرجي
Is it okay to put a portion of this on my weblog if perhaps I post a reference point to this web page?
Our community leaders need to read this, and look at developing some of your recommendations.
Convert USDT to BTC with Confidence
Understanding the USDT to BTC Exchange Process
Converting USDT to BTC involves a few key steps that facilitate the swap between these two distinct cryptocurrencies. USDT, a stablecoin, aims to maintain a 1:1 peg with the US dollar, providing stability. Bitcoin, on the other hand, is a decentralized digital currency known for its volatility and store-of-value properties. The exchange process essentially involves selling your USDT and simultaneously buying BTC at the prevailing market rate.
I was sharing my thoughts with others about how entertainment has become more personalized, and we talked about how options like Table Game allow people to choose experiences that match their own preferences.
This blog post is excellent, probably because of how well the subject was developed. I like some of the comments too.
I like to spend my free time by scanning various internet resources. Today I came across your website and I found it has some of the most practical and helpful information I’ve seen.
Glad to be one of many visitants on this amazing site : D.