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Data released today on the condition of the Chinese manufacturing sector points towards weaker business conditions. HSBC/Markit China Manufacturing Purchasing Managers’ Index (PMI) is coming down from a seven-months high in February ...
A functioning CII framework is a matter of urgency for the shipping industry. Regulation 28.11 of MARPOL Annex VI specifies that a review of the CII regulations and associated guidelines shall be completed by 1 January 2026, including an assessment of the need for reinforced corrective actions or other means of remedy and the need for enhancement of the data collection system. A review has now been initiated with the approval of a review plan.
The bill of lading is arguably the most important of all the trade documents used in shipping and is the key to unlocking the paper handcuffs that constrain shipping’s digital transformation. BIMCO is collaborating on technology agnostic common data standards through the Future International Trade (FIT) Alliance whose members include the DCSA, FIATA, the ICC and SWIFT.
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