Skip to main content

Dominican Republic embraces CargoDocs

Tags
Agri
Agribusiness
CargoDocs™
corn oil
Dominican Republic
electronic bill of lading
packaged foods
short sea
tanker
DR

CargoDocs is now live in The Dominican Republic, following the first ever use of electronic Bills of Lading for a Corn Oil shipment into the Caribbean nation.

The trade was executed in January 2017 between a major US-headquartered global agribusiness company and a packaged-foods manufacturer, involving Corn Oil cargo transported via tanker from Louisiana, USA to Rio Jaina, Dominican Republic.

Being a short-sea voyage in a trade lane where there is a crucial need for swift documentation transfer, the use of CargoDocs ensured that electronic documents were processed and transferred 3 days before the vessel arrived its destination – with documentation transferred from seller to buyer and surrendered to ship-owner in a single afternoon.

The Dominican Republic joins a growing list of 75 countries where CargoDocs electronic Bills of Lading are currently in use, covering tanker, bulker, container and barge movements.