Electronic Transport Records: An Opportunity for the Maritime and the Logistics Industries
Abhinayan Basu Bal
What the paper says
Despite advances in communication and information technology, paper documents such as the bill of lading are still the primary method for transferring information regarding international trade transactions in the maritime and logistics industries. The standardization of e-business procedures and data and the use of electronic transport records could create more efficient and effective processes and information flows. The United Nations Commission on International Trade Law (UNCITRAL) has undertaken the development of criteria defining the conditions under which electronic records can be considered legally equivalent to paper documents. This article provides a critical analysis by outlining international initiatives for developing electronic commerce law and by exploring the existing structure of negotiable transport documents. It examines how a transport document can be dematerialized and the legal challenges of using electronic transport records. Existing electronic registry systems are reviewed as well as relevant provisions of the Rotterdam Rules. A case is made for the opportunities that the use of electronic transport records could offer to the maritime and logistics industries, including a discussion of a global financial service. Finally, strategic recommendations are provided.
1 citation
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.00 × 0.4 = 0.00 |
| M · momentum | 0.20 × 0.15 = 0.03 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.