Singapore-based shipping company Pacific International Lines (PIL) and provider of digital solutions WaveBL have entered into a strategic partnership to advance digitalization within the shipping sector.
As informed, PIL will use WaveBL’s electronic Bill of Lading (eBL) solution to improve security, efficiency, and sustainability in trade documentation processes.
By joining the WaveBL Network, PIL wants to reinforce its commitment to driving connectivity and efficiency across its global operations.
“PIL is pleased to partner with WaveBL to offer an advanced eBL solution to our customers to better streamline transactions, reduce costs, improve productivity, and contribute to carbon footprint reduction for us and our customers. We are leveraging this partnership with WaveBL to upgrade our internal processes to make sure that the efforts made by our customers to switch to e-BL will be translated into an immediate improvement to the way we are managing their documents and their shipments,” said Lionel Chatelet , Chief Commercial Officer, PIL.
“We are thrilled to welcome PIL to WaveBL’s rapidly growing network as our fifth carrier business partner. PIL’s commitment to sustainability and digital innovation mirrors WaveBL’s mission to revolutionize global trade through secure and efficient digital solutions. Together, we aim to drive connectivity and redefine industry standards,” added Noam Rosenfeld , CEO of WaveBL.
This partnership marks a significant milestone for the shipping industry as another major ocean carrier embraces the digital era.
Last year, PIL joined hands with marine energy solutions provider and trader KPI OceanConnect, and marine fuel supplier Bunker One to carry out live electronic marine fuel inventory statement for overseas delivery through the Singapore Trade Data Exchange (SGTraDex).
Singapore-flagged container vessel Kota Rakan, owned by PIL, was bunkered with very low sulphur fuel oil (VLSFO) by Bunker One at the port of Lome in Togo, Africa.
The bunker delivery note (BDN), bunkering sale invoice and fuel delivery were submitted and exchanged on the same day via SGTraDex.