Maritime Shipping
International Trade Made Frictionless
WAVE benefits shipping carriers by unifying all critical documentation within a single system. Seamlessly issue, transfer, endorse, and deliver vital trade documents while cutting waste and eliminating fraud.
Shipping’s Biggest Pain– Resource Waste
- Forged Documents – Forgeries and fraudulent documents are estimated to cost the maritime shipping industry billions in annual losses
- Direct Paper Costs – Paper itself, printing, couriering, storage, and verification directly add to the cost of each and every shipment
- Fragmented Communications – Carriers regularly use multiple, disconnected protocols to handle communications including mail, EDI, and more.
The WAVE Advantage–
Proving Document Authenticity Every Time
Save time, money, and paper by issuing, delivering, and surrendering the exact document, every time.
- Assure Document Authenticity
Built-in consensus methodology guarantees validity of digital original documents issued through WAVE - Track Document Surrendering
Prevent release of goods without original documents by verifying documents and tracking document senders to final surrendering - Digitize Without Disrupting Existing Processes
WAVE fits flawlessly with existing legacy systems without disrupting long standing document practices
Testimonials
WAVE aligns perfectly with our innovation initiatives thanks to its novel design and deployment. Since completing the integration of WAVE with our legacy systems, we’ve diminished document transfer times from days to seconds and rapidly reducing our antiquated paper costs. Moreover,we’ve passed along the benefits both internally in terms of decreased expenditures and externally to customers via better communication and accountability.
MARITIME SHIPPING - Mr. Eyal Ben Amram, CIO, ZIM Line
The WAVE Bylaws include a legal framework under which rights and obligations from the contract of carriage are transferred in much the same way as for a paper bill of lading – by transferring possession, and where necessary endorsement, of the bill of lading. These concepts will be familiar from paper documents, and the Bylaws have been designed to allow the innovative new technology of WAVE to work seamlessly with established legal principles.
REGULATORY COMPLIANCE - ADV. Ingolf Kaiser, Partner at Stephenson Harwood