Tata Steel Completes First eBL Coal Import From Australia
ECONOMY & POLICY

Tata Steel Completes First eBL Coal Import From Australia

Tata Steel has successfully completed its first coal import shipment using an electronic bill of lading (eBL), marking a major milestone in digitising global trade. The fully paperless transaction involved the import of coal from Queensland, Australia to Dhamra Port in Odisha, with complete bank integration under a letter of credit.

This is Tata Steel’s first fully digitalised import transaction and reflects the company’s continued shift towards technology-driven, sustainable supply chains. The deal saw coordinated execution between Tata Steel India, TS Global Procurement, ICICI Bank, Standard Chartered Bank (Singapore), and ICE Digital Trade, the provider of the eBL platform.

Replacing the traditional paper-based bill of lading, the digital system eliminates reliance on couriers, accelerates documentation, reduces operational risks, and enhances environmental sustainability. This innovation also aligns with Tata Steel’s broader sustainability goals, including the use of emission-efficient vessels and the growing adoption of biofuels and LNG-powered ships for imports.

Peeyush Gupta, Vice President – TQM, GSP & Supply Chain, stated that adopting eBL has helped the company overcome traditional trade bottlenecks and established a new benchmark in global logistics. He added that this transition reinforces Tata Steel’s commitment to a supply chain that is efficient, secure, and environmentally responsible.

This is not Tata Steel’s first digital trade breakthrough. In April 2021, the company executed a blockchain-enabled, paperless steel export to a UAE customer, followed by another such export to a metals major in Bangladesh in November of the same year.


 

https://www.psuconnect.in/sdsdsd/HUDCO_Inks_Rs_1_Lakh_Crore_Pact_with_MPUDCL_to_Drive_Urban_Infrastructure_Projects.jpg

Tata Steel has successfully completed its first coal import shipment using an electronic bill of lading (eBL), marking a major milestone in digitising global trade. The fully paperless transaction involved the import of coal from Queensland, Australia to Dhamra Port in Odisha, with complete bank integration under a letter of credit. This is Tata Steel’s first fully digitalised import transaction and reflects the company’s continued shift towards technology-driven, sustainable supply chains. The deal saw coordinated execution between Tata Steel India, TS Global Procurement, ICICI Bank, Standard Chartered Bank (Singapore), and ICE Digital Trade, the provider of the eBL platform. Replacing the traditional paper-based bill of lading, the digital system eliminates reliance on couriers, accelerates documentation, reduces operational risks, and enhances environmental sustainability. This innovation also aligns with Tata Steel’s broader sustainability goals, including the use of emission-efficient vessels and the growing adoption of biofuels and LNG-powered ships for imports. Peeyush Gupta, Vice President – TQM, GSP & Supply Chain, stated that adopting eBL has helped the company overcome traditional trade bottlenecks and established a new benchmark in global logistics. He added that this transition reinforces Tata Steel’s commitment to a supply chain that is efficient, secure, and environmentally responsible. This is not Tata Steel’s first digital trade breakthrough. In April 2021, the company executed a blockchain-enabled, paperless steel export to a UAE customer, followed by another such export to a metals major in Bangladesh in November of the same year.   https://www.psuconnect.in/sdsdsd/HUDCO_Inks_Rs_1_Lakh_Crore_Pact_with_MPUDCL_to_Drive_Urban_Infrastructure_Projects.jpg

Next Story
Resources

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement