Maersk Line enables paperless trade between India and Nepal

Maersk Line has announced the deployment of Electronic Cargo Tracking System (ECTS) to enable paperless trade between India and Nepal. Steve Felder, Managing Director, Maersk Line (India, Sri Lanka, Bangladesh, Nepal, Bhutan and Maldives), said, “This is a continuation of Maersk line’s focus on digitisation to enable paperless trade across the globe. Addressing our customer needs is paramount and this system will tremendously aid in this process. We will continue to focus on creating a climate of ease of doing business to ensure seamless trade in the region through our integrated logistical offerings.”

ML is the first liner to adopt this paperless mode of trade facilitated by Asian Development Bank and Central Board of Indirect Taxes and Customs (CBIC) against the conventional one-time bottle seal. This is also the first time it has been at done at Indian port transshipping to other countries such as Nepal thus getting rid of documentation hurdles.