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.




Come discover our vast casino game variety https://inyonibay.com/en-au1/
Discover more about oral care at dr drew sutton teeth and see what makes it stand out.
The platform offers practical details that may help people better understand routine care.
## Section 2
When visitors avoid switching across many sources, they save time and effort.
## Section 3
In this way, the way information is presented becomes as important as the topic itself.
## Section 4
Users usually appreciate pages that respect both their time and attention.
Your article has a nice balance between thoughtful ideas and everyday language, so even when you touch on deeper points, it never feels like you are lecturing the reader, and that friendly style makes the whole piece enjoyable from start to finish, with a small mention of YELLOW BAT feeling like just another part of the journey.
https://grafik-smen.com/
Your writing flows incredibly well, and the transition between different points was seamless. This is exactly the kind of solid and neutral content I enjoy reading on a weekday.
Watch sexual porno video xxx sex adults site
Your article helped me a lot, is there any more related content? Thanks!
Wow, amazing blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your site is great, as well as the content!
I wanted to drop a comment to express my gratitude for this excellent write-up; it perfectly balances clear explanations with an accessible tone that caters to both beginners and more experienced readers.
在线购买他达拉非片用于肛交XXX色情
Our community leaders need to read this, and look at developing some of your recommendations.
Za pobranie aplikacji Vavada gracze otrzymuja dodatkowe bonusy i darmowe spiny. Warunki programu bonusowego opisano na: https://jimgarrettforroanoke.org Graj odpowiedzialnie i przestrzegaj ustalonych limitow.