Secro

How Do You Stay Prepared When the Unpredictable Becomes the Norm? Last week at @Global Grain 2024, I had the pleasure of moderating two panels on navigating change in the grain freight market. The discussion uncovered a hard truth for 2024: Market predictions? Way off. Outcomes? Full of contradictions. So, how do you stay prepared for 2025 and beyond when the unpredictable becomes the norm? Here are key insights from our panels: ??? The past year has been a whirlwind of geopolitical tensions and unexpected market moves. Agility isn’t just a buzzword; it’s a necessity. And, in today’s volatile world, success isn’t about having all the answers—it’s about appreciating how much we don’t know, staying curious, and asking better questions. ?? Reliability and flexibility in a partner can make or break resilience during disruptions. ?? Diversification isn’t just a financial strategy; it’s a survival tactic. Balancing large, steady investments with more adaptable ones could be the key. ?? Understand your risk: Know what you’re willing to put on the line. ?? The fleet is aging, regulations are tightening, and the shift to eco-friendly solutions is accelerating. Investments in sustainability aren’t just good PR—they’re good business. ?? Embracing Electronic Bills of Lading (EBLs) is about efficiency and future-proofing. Digital solutions are critical steps forward, not optional extras. ?? Collaboration between shipowners, charterers, and service providers is essential in this intricate ecosystem. The takeaway? Navigating today’s uncertainty means embracing the unknown, staying agile, understanding your risk, staying curious, and leveraging the strength of your networks. A huge thank you Fastmarkets Agriculture and Svitlana Synkovska and our insightful panelists @John Banaszkiewicz of Freight Investor Services, Louisa Follis of Clarksons, Jason Martinet of MONTFORT, Rakhi Rastogi of Cargill, Alberto Pérez Espinosa of Lloyd's Register, Fergus Garvin of Engelhart and Piotr Cichocki of Secro, for sharing your expertise, insights and sparking thought-provoking discussions. Seamind Blue Ocean IMD #GlobalGrain2024 #FreightMarket #SupplyChain #Logistics #Sustainability #Digitalization #RiskManagement #Agility #FutureOfShipping #Collaboration #ShippingIndustry #Maritime #NavigatingChange #IMD

???? A Landmark Ruling That Redefines Trade Finance Security The recent UK Supreme Court decision is a game-changer for the shipping and trade finance industries. Read the full article here. https://lnkd.in/eUvntRMb This ruling enforces a strict one-year time bar for misdelivery claims, even when cargo remains in storage under a carrier's custody. For trade finance banks and businesses relying on paper-based Bills of Lading (BLs) and Letters of Indemnity (LOIs), this creates significant risks and liabilities. It’s clear that traditional paper-based documentation is no longer sufficient in today’s complex global trade environment. This decision makes adopting secure, tamper-proof digital solutions, like Secro eBL, more crucial than ever. Digital eBLs not only mitigate legal and operational risks but also enhance efficiency, transparency, and trust across the supply chain. ???? Let’s embrace the future of shipping and trade finance—because the cost of inaction just became far too high. #TradeFinance #DigitalTransformation #eBL #SupplyChainInnovation #UKSupremeCourt #Shipping #Logistics #Blockchain #DigitalAdoption #RiskManagement

The approval of the Covantis eBL powered by Secro by the International Group of P&I Clubs marks a significant milestone in the digitization of agri-commodity trade and highlights the adaptability and user-friendliness of Secro's technology. This achievement is just the beginning. As the only?tokenized eBL provider, Secro is committed to delivering innovative solutions that improve capital utilization, streamline operations, enhance security, and help our partners embrace a?paperless future. #Secro #Innovation #PaperlessTrade #AgriCommodity #Blockchain #GlobalTrade #DigitalTransformation

The approval of the Covantis eBL powered by Secro by the International Group of P&I Clubs marks a significant milestone in the digitization of agri-commodity trade and highlights the adaptability and user-friendliness of Secro's technology. This achievement is just the beginning. As the only?tokenized eBL provider, Secro is committed to delivering innovative solutions that improve capital utilization, streamline operations, enhance security, and help our partners embrace a?paperless future. #Secro #Innovation #PaperlessTrade #AgriCommodity #Blockchain #GlobalTrade #DigitalTransformation

The approval of the Covantis eBL powered by Secro by the International Group of P&I Clubs marks a significant milestone in the digitization of agri-commodity trade and highlights the adaptability and user-friendliness of Secro's technology. This achievement is just the beginning. As the only?tokenized eBL provider, Secro is committed to delivering innovative solutions that improve capital utilization, streamline operations, enhance security, and help our partners embrace a?paperless future. #Secro #Innovation #PaperlessTrade #AgriCommodity #Blockchain #GlobalTrade #DigitalTransformation

?? We’re thrilled to share that Secro’s board director and angel investor @Gregory Otto spoke at #GTRNYC2024! Gregory highlighted our innovative agenda in cross-border trade finance digitization, focusing on the crucial need for actionable solutions that help banks and traders reduce regulatory pressure and drive business growth. Secro is proud to lead the way with our tokenization technology, which successfully concluded its first year of scaling, digitizing over $360M in cross-border transactions. Looking ahead to 2025, we’re targeting 20x volume growth, with an increasing focus on the agri, energy, and metals sectors. #TradeFinance #Innovation #Digitization #Tokenization #CrossBorder #Growth #Secro #GTRNYC

Your opinion matters! Join the Future International Trade (FIT) Alliance eBL Survey 2024 to share your insights on electronic bill of lading usage. Your feedback is essential for understanding the challenges and opportunities of eBL adoption. BIMCO is a founding member of the FIT Alliance. Find out more and take the survey: https://lnkd.in/dtCmJMQU #eBL #BIMCO #GlobalTrade #Digitalisation

?? Empowering Your Trade Operations: Introducing "Bearer" Electronic Bill of Lading and "Blank" Endorsement Secro continues to evolve to simplify trade documentation. With the addition of a "bearer" electronic bill of lading and "blank" endorsement, we now cover all endorsement and BL types. This enhancement provides you with greater flexibility for ownership transfers in a fully digital and secured manner. ?? Feature Highlights "Bearer" eBLs- Create "bearer" eBLs that allow the current holder to act as consignee and endorse the document as needed, aligning with global practices for negotiable Bills of Lading. "Blank" Endorsements Convert negotiable eBLs to "Bearer" types effortlessly. This feature is perfect for quick ownership transfers, streamlining the endorsement process. ?? Key Benefits - Adapt to Dynamic Market Conditions: Easily respond to changing demands with flexible ownership transfers, keeping your operations agile. - Streamlined Transactions: Reduce steps and potential delays, enhancing speed and efficiency in your trade processes. - Simplified Documentation: Enjoy a more straightforward eBL management experience, minimizing complexity and improving workflow. Ready to streamline your trade processes and reduce costs? Reach out to us at [email protected] to discuss how we can help make your trade finance more efficient, saving you valuable time and capital while providing greater flexibility. #Trade #Efficiency #CostSavings #Secro #GetInTouch #Digitzation #eBLs

TO DELIVER GROWTH AND PRODUCTIVITY, WE MUST SHIFT GEARS AND GO ALL OUT TO DIGITALISE TRADE Transaction times cut to 1 hour, trade flows doubled, trade transaction costs and cross border processing times cut 80%, freight forwarding costs cut 75%, shipping costs cut 18%. These are just some of the real time productivity and growth gains being made by companies leveraging the Electronic Trade Documents Act. If we scale these benefits to all UK trading companies we will unlock ￡25 billion in trade growth, ￡224 billion in efficiency savings and a 35% efficiency gain for SMEs. The UK government have rightly prioritised growth and productivity. To achieve this, we must scale the benefits of trade digitalisation and make it cheaper, faster and simpler for companies to increase the value and volume of trade. Buyers and sellers (cargo owners) are uniquely positioned to now demand change to the trade system in order to unlock the growth and investment the economy needs. And, in the process drag the trading system out of the 19th century and into the modern, digital era so it is fit for purpose for what we need for the future. Come and join us to find out how to get involved in this exciting challenge, at ‘Re-imagining the Future of Trade’ on 5 December. The event is open to everyone who has an interest in growing trade. We will be sharing the latest developments from experts leading some of the largest digitalisation initiatives in world trade as well the latest insights from our Corporate Digitalisation Taskforce on what is holding us back. To help accelerate the pace and scale of trade digitalisation, we will be launching the International Centre for Digital Trade and Innovation #iC4DTI. Especially, across the emerging markets where more help and support is required. To help SMEs, we will be launching a practical ‘Getting Started on Digitalising Trade Transactions’ guide and a Solution Providers Directory to make it easier to find help and support. To provide a clearer framework on where to focus and when to invest, we will be publishing a ‘Roadmap to Digitalise UK Trade’, including practical actions plans for government and industry. We will be profiling the Tees Test Centre, a ground-breaking new facility at Teesside airport with the capability to simulate and test fully automated processes and data movement across any port or supply chain worldwide. And, we will be sharing some initial thinking on how much simpler the trading system can be in the future. ICC United Kingdom Asian Development Bank (ADB) Digital Container Shipping Association (DCSA) The Commonwealth BIMCO Department for Business and Trade Association of Corporate Treasurers HM Treasury Bank of England International Chamber of Commerce World Trade Organization UNCITRAL: United Nations Commission on International Trade Law Yann Duval British Chambers of Commerce https://lnkd.in/eMFR3tZv

Secro's team is customer-centric and product-driven, with a culture rooted in customer obsession. In this spirit, we are thrilled to announce the well-deserved promotion of Monika Wisniowska—a true customer champion —to the role of Vice President of Client and Product Success ? ?? Over the past two years, Monika has built a strong foundation for our Client Success team, driving seamless, user-focused adoption of our technology by corporate clients and distribution partners. ???? Building on her deep understanding of customer needs, Monika will now also lead the team responsible for designing and delivering new products. ?? Join us in congratulating her on this well-deserved promotion! ? #talentdevelopment #clientsuccess #productdevelopment #leadership #customerobsession #strategicvision #adoption #digitaltransformation ?