In cooperation with blockchain-based digital document courier platform Wave BL, Hapag-Lloyd has introduced electronic bills of lading.

By using the Wave BL network, printing, signing, and releasing paper-based documents will come to an end, Hapag-Lloyd said.

The platform optimises the flow of cargo in a blockchain-backed digital infrastructure, taking the place of manual workflows in exchange for a more secure, automated solution, where carriers can issue, possess, transmit and sign documents within minutes, the company added.

Juan Carlos Duk, managing director global commercial development, Hapag-Lloyd, said: “We are reaching the next milestone in our journey of being a premier digital carrier by providing a much needed electronic Bill of Lading release solution to our customers. The new tool will enable the secure and speedy electronic release of these documents.”