Digitalization Empowering Foreign Trade Shipping – Nanhua Logistics, a COSCO Shipping Group Subsidiary, Partners with Bravowhale Technology to Spearhead the Online Implementation of ESG Compliance Standards

Feb 28, 2024 | Business

Based on customs statistics, China’s total value of goods trade imports and exports soared to RMB 41.76 trillion in 2023, marking a record high of 645,000 foreign trade enterprises. Despite the ongoing positive growth trend in China’s overall import and export activities, the escalating global ESG-related regulations have imposed more stringent export compliance requirements on foreign trade enterprises. Consequently, enterprises find themselves grappling with uncertainty and a lack of clarity on how to proceed. Moreover, the industry currently lacks standardized and targeted ESG compliance service channels to promptly tackle the challenges faced by enterprises.

COSCO SHIPPING

As the main artery for international freight transportation, maritime shipping shoulders nearly 90% of China’s foreign trade transport volume. COSCO SHIPPING, a Fortune Global 500 company, holds the top spot globally in terms of comprehensive capacity and scale among state-owned shipping enterprises. With a fleet of over 1,300 vessels and more than 50 terminals, it spans routes covering 1,500 ports across 160 countries. Against this backdrop, aiming to assist foreign trade enterprises in tackling export ESG compliance challenges, Nanhua Logistics under COSCO Shipping partnered with Shanghai Bravowhale Information Technology Co., Ltd. (referred to as “Bravowhle Technology”) on February 22nd. This collaboration, formalized at the Customs Building on the Bund in Shanghai, signifies a commitment to jointly deliver swift and convenient standardized export ESG compliance services to foreign trade enterprises. This initiative aims to empower businesses to achieve export compliance with low costs, high efficiency, and heightened certainty.

Customs Building on the Bund in Shanghai

Participants of the signing ceremony included: GU Weidong, Vice President of COSCO Shipping Specialized Carriers Co., Ltd., and Chairman of Nanhua Logistics; ZHANG Wei, Deputy General Manager of COSCO Shipping Logistics Supply Chain Co., Ltd., Shanghai Branch; LIU Yi, General Manager and Director, and MENG Daguan, Vice General Manager of Nanhua Logistics; ZHU Shaokang, CEO of Bravowhale Technology; CHEN Chao, Deputy General Manager of CITIC Consulting of State Development & Investment Corporation; and LI Jian, Director of Deloitte China’s Climate Change and Sustainable Development Business Group. Nanhua Logistics, a joint venture between COSCO Shipping Specialized Carriers Co., Ltd. and COSCO Shipping Logistics Supply Chain Co., Ltd., operates as an international logistics supply chain service company.

Liu Yi (left) and Zhu Shaokang (right) Captured in a Signing Photo

COSCO Shipping affirms its commitment to leveraging the leading role of state-owned enterprises in facilitating trade. With its extensive customer base, experience in serving export enterprises, and Bravowhale Technology’s expertise in technology systems and intelligent solutions, the company aims to penetrate the secondary freight forwarding market through intelligent terminals. By providing a streamlined pathway for ESG compliance processes, COSCO Shipping aims to offer standardized compliance services to Chinese foreign trade enterprises. This initiative will effectively address challenges such as high export costs and inefficiencies faced by businesses.

Leader’s Speech

Bravowhale Technology has always been at the forefront of ESG compliance services. With the support of the “Going Global” navigation network, we have partnered with local governments and business service agencies to establish offline service centers in key foreign trade export and multinational supply chain hubs. This initiative has already assisted hundreds of supply chain enterprises in industries such as chemicals, textiles, and automobiles in achieving export ESG compliance. The collaboration with COSCO Shipping represents a significant step forward for Bravowhale Technology in expanding its online ESG compliance services. By leveraging technological advancements, it aims to simplify the complex ESG compliance process through standardized online products and automated solutions, providing the shipping industry with convenient and effective export compliance solutions.

COSCO Shipping has stated that, with the support of Bravowhale Technology in the future, it will leverage its port network advantages and stabilize shipping logistics supply chain services. This initiative is geared towards enhancing the efficiency and transparency of multinational supply chains. Through standardized services, they aim to reduce customer export costs, enabling efficient and compliant international operations.


Topic: Press release summary

Sectors: Transport & Logistics, Cloud & Enterprise, Digitalization, Marine & Offshore

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Digitalization of Supreme Court & High Court Record

Aug 4, 2022 | Business


Digitization of records forms a very important part of the ICT development of the Judicial set up. Digitization was proposed to be made a part of the eCourts Phase II and Rs. 752.50 crores were proposed for the same. However, there was a 10% increase in tax-devolution in 14thFinance Commission taking the state share to 42% and on account of this, the proposed Rs. 752.50 crores for this activity was not allocated at the level of Expenditure Finance Committee (EFC) and this activity was to be done by the State Governments, in lieu of increased devolution.


However, as a special case for North East region, funds to the tune of Rs.13.67 Crores have been released to the Gauhati High Court (Principal bench) for digitization of records of the High Court and District Courts of Assam (Rs. 6.82 Cr. For High Court and Rs.6.85 Cr. for district courts) under eCourt Project Phase II. As the eCourts project covers only District and Subordinate Courts, the Supreme Court is not part of eCourts project Phase II.


The National Judicial Data Grid (NJDG), is an online repository of case statistics, as a result of digitalized case records, from the High Courts and the District and Subordinate Courts of the country. It provides information relating to judicial proceedings/decisions of the computerized courts of the country. Approximately 3000 Court Complexes replicate live data of filing, registration, scrutiny, objections, case status, cause list, judgment and orders on real-time basis..Through the NJDG platform currently litigants can access case status information in respect of over 20.86 crore cases and more than 18.02 crore orders / judgments pertaining to these computerized courts as on 04.07.2022. Case data is available on NJDG for both civil and criminal cases with the ability to perform drill-down analysis based on the age of the case as well as the State and District. NJDG works as a monitoring tool to identify, manage & reduce pendency of cases. It helps to provide timely inputs for making policy decisions to reduce delays in disposing of cases and helps in reducing case pendency. To track cases related to land disputes, Land Records data of 26 States have been linked with NJDG. In consonance with the National Data Sharing and Accessibility Policy (NDSAP) announced by the Government of India, Open Application Programming Interface (API) has been provided to the Central & State Government to allow easy access to the NJDG data using a departmental ID and access key. Recently, reasons for delay have been included in NJDG.


As per the information available on Supreme Court website, Judgement records can be searched online with the following parameters – Case No., Diary No., Judgment Date, Judge Name, Parties, Act-wise, Const. Bench and Free Text.


To make online availability of digitalized records, Department of Justice has undertaken the following initiatives as part of eCourts Project Phase II:


  • 18735 District and Subordinate Courts computerized under eCourts phase-II so far.

  • Case Information Software (CIS) which forms the basis for the eCourt developed by NIC on Free and Open-Source Software (FOSS).

  • NJDG developed with elastic search technology allowing access to 20.86 Cr cases and more than 18.02 cr orders and judgments. Delay reasons added and open APIs introduced.

  • Citizen centric services provided through 7 platforms viz. SMS push & pull, e-mail, eCourts services portal, Judicial service Centers, Info kiosks, eCourts mobile app (total 79.65 lakh downloads till 30th April 2022) and JustIS app for judges (17,369 downloads till 4th July 2022).

  • eFiling system version 3.0 rolled out with advanced features like e-Vakalatnama, e-signing, video recording of oath etc. Integrated with e payments module.

  • Judgment Search Portal has been started for providing certified copies of judgments free of cost.


This information was given by Minister for Law and Justice, Shri Kiren Rijiju in a written reply to a question in Rajya Sabha today.


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RKJ/M




(Release ID: 1848425)
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