Benefits as a Carrier
Last updated 2 April 2026
How can TradeTrust benefit Carriers
TradeTrust can be used for cargo shipments and cargo release. It is quick and efficient, and reduces shipping cost.
Enhance Customer Relationships
Meet the growing demand of sustainability and foster stronger collaborations with your customers
Efficient Operational Processes
Increase productivity and optimise asset utilisation through rapid exchange of digital information that can be trusted
Reduce Cost of Shipping
Lower overhead cost of paper usage and reduce unnecessary demurrage and detention charges by customers due to delay in documentation
How TradeTrust can help in Shipping & Logistics
TradeTrust facilitates:
Cargo Shipments
Ships are estimated to transport around 80 percent of goods.
According to the Digital Container Shipping Association, "The bill of lading is one of the most important trade documents in container shipping. It functions as a document of title, receipt for shipped goods and a record of agreed terms and conditions. Ocean carriers issue around 45 million bills of lading a year. In 2021, just 1.2% of these were in electronic format."
By digitising bills of lading with TradeTrust, as an issuer, carriers can enable system interoperability and platform-agnostic, seamless data exchange with your supply chain partners for trusted transactions. Any revocation of documents can be easily managed too.
Automated cargo releases can be facilitated by accepting digitally surrendered bills of lading, ensuring enhanced security through identity and authenticity checks.
The same electronic bills of lading can be used for trade compliance and cross-border cargo shipping arrangement by logistics service providers for downstream supply chain operations. They can also be used for trade financing between financial institutions and exporters/importers.Cargo Release
Through the endorsement chain, the ownership and holding of electronic bills of lading can be traced in real-time, ensuring the release of goods to the right party.
Integration of TradeTrust into your existing IT system
Technical Guides and TradeTrust-ready Partners
You can refer to our Technical Guides to integrate TradeTrust into you IT system. Alternatively you can outsource or subscribe to the services of TradeTrust-ready partners.
View document showcases
Document gallery
Browse our showcase of TradeTrust-supported documents, featuring both Verifiable Documents and Electronic Transfer Records. Each document demonstrates our QR-code capability, linking directly to ref.tradetrust.io for seamless verification.
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TradeTrust Readiness Programme
The programme is supported by the Infocomm Media Development Authority (IMDA). It invites Digital Trade Platforms (DTPs) and carriers within the maritime trade ecosystem to adopt the TradeTrust framework and demonstrate live, cross-platform interoperability for electronic Bills of Lading (eBLs).