PIL Partners with WaveBL for Digital Transformation in Shipping

Singapore-based shipping company PIL has partnered with WaveBL to enhance digitalization in the shipping industry. PIL will utilize WaveBL’s electronic Bill of Lading (eBL) solution to improve security, efficiency, and sustainability in trade documentation processes. By joining the WaveBL Network, PIL aims to increase connectivity and efficiency across its global operations, offering advanced eBL solutions to customers.

PIL’s Chief Commercial Officer, Lionel Chatelet, expressed the company’s excitement to work with WaveBL to streamline transactions, reduce costs, enhance productivity, and contribute to carbon footprint reduction. This partnership reflects PIL’s dedication to upgrading internal processes to better manage customer documents and shipments. WaveBL CEO Noam Rosenfeld highlighted PIL’s commitment to sustainability and digital innovation, aligning with WaveBL’s goal to revolutionize global trade through secure and efficient digital solutions.

This collaboration between PIL and WaveBL is seen as a significant advancement for the shipping industry, with PIL embracing the digital era alongside other major ocean carriers. Previously, PIL collaborated with KPI OceanConnect and Bunker One to conduct live electronic marine fuel inventory statements for overseas delivery through the Singapore Trade Data Exchange. This initiative included bunkering the Singapore-flagged container vessel Kota Rakan with very low sulphur fuel oil in Togo, Africa, where the bunker delivery note, bunkering sale invoice, and fuel delivery were all submitted and exchanged on the same day via SGTraDex.

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