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.
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