News
Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalization of container shipping technology standards, in conjunction with its nine member carriers, today announced the formation of the Future International Trade (FIT) Alliance with the signing of a memorandum of understanding (MOU) between DCSA, BIMCO, FIATA, the International Chamber of Commerce (ICC) and SWIFT in which the organizations commit to collaborating to standardize the digitalization of international trade.
Through this initiative, the FIT Alliance will work together to generate awareness about the importance of common and interoperable data standards and common legislative conditions across international jurisdictions and platforms. The aim is to facilitate acceptance and adoption of an eBL by regulators, banks and insurers and to unify communication between these organizations and customers, physical and contractual carriers, and all other stakeholders involved in an international trade transaction.
