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Stock impact report

IQAX eBL Wins Prestigious APTFF Trade Facilitation Innovation Award 2024

ORIENT OVERSEAS INR U/ADR (OROVY) 
NASDAQ:AMEX Investor Relations: ooilgroup.com/financials/investorpresentations
Company Research Source: PR Newswire
HONG KONG, April 18, 2024 /PRNewswire/ -- IQAX is pleased to announce that its IQAX eBL solution has won the APTFF Trade Facilitation Innovation Award for 2024. As a leader in digital trade solutions, IQAX aims to empower customers with cutting-edge tools to facilitate the digitalization of their bills of lading (B/L) processes.Organized by the Asian Development Bank (ADB) and United Nations Economic and Social Commission for Asia and the Pacific, the Asia-Pacific Trade Facilitation Forum (APTFF) Awards spotlight innovative trade facilitation measures that promote sustainability and efficiency in global supply chains.IQAX eBL directly addresses the criteria of streamlining procedures and leveraging blockchain technology for electronic B/L transfers and the e-presentation of trading documents. This secure solution eliminates the need to courier physical B/Ls, allowing instant title transfers online. It can generate significant benefits such as faster cargo releases, reduced risk of del Show less Read more
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