List of WaveBL EBL Customers
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Since 2010, our global team of researchers has been studying WaveBL EBL customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased WaveBL EBL for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using WaveBL EBL for Blockchain Platform include: MSC Mediterranean Shipping Company, a Switzerland based Transportation organisation with 200000 employees and revenues of $91.00 billion, Lloyds Banking Group, a United Kingdom based Banking and Financial Services organisation with 61228 employees and revenues of $24.18 billion, Hapag-Lloyd, a Germany based Transportation organisation with 17100 employees and revenues of $22.41 billion, ONE, a Singapore based Transportation organisation with 8000 employees and revenues of $19.23 billion, Fonterra, a New Zealand based Consumer Packaged Goods organisation with 16441 employees and revenues of $13.36 billion and many others.
Contact us if you need a completed and verified list of companies using WaveBL EBL, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The WaveBL EBL customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Asia Shipping | Transportation | 1000 | $80M | Brazil | WaveBL | WaveBL EBL | Blockchain Platform | 2024 | n/a |
In 2024, Asia Shipping expanded its use of WaveBL EBL within the Blockchain Platform category to incorporate electronic house bills of lading. Asia Shipping reported transferring over 17,000 master eBLs in 2023, and the 2024 expansion embeds house eBL issuance to extend its digital documentation footprint across shipping operations.
The WaveBL EBL deployment centralizes electronic bill of lading document management and issuance for both master and house eBLs, leveraging blockchain ledger functionality to provide immutable records and cryptographic proof of custody and transfer. Implemented capabilities include electronic house bill generation, secure recordkeeping of title and endorsement events, role based access controls for issuing and endorsing eBLs, and workflow automation for document handoffs and consignment status updates.
Operational coverage focuses on trade documentation, operations, and customer service functions within Asia Shipping, aligning issuance and acceptance processes with commercial and logistics teams. The solution facilitates seamless communication with trading partners and carriers, enabling digital exchange and coordinated acknowledgments of bills of lading across the supply chain.
Governance and process changes include standardizing eBL issuance policies and user roles to support both master and house eBL management, and a stated company objective to be fully digital by 2030. Reported outcomes associated with the WaveBL EBL rollout include reduced processing times, elimination of document losses, expedited transactions, and improved sustainability through reduced paper use.
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ES Logistics | Distribution | 450 | $60M | Brazil | WaveBL | WaveBL EBL | Blockchain Platform | 2023 | n/a |
In 2023, ES Logistics implemented WaveBL EBL as a blockchain-based electronic Bill of Lading solution across its freight forwarding operations in Brazil. The deployment addressed chronic delays and manual handling of original Bills of Lading, targeting shorter cargo release cycles and reduced administrative overhead for its sea import business.
WaveBL EBL was configured to handle electronic bill of lading issuance and lifecycle management, leveraging a blockchain ledger for cryptographic verification and role-based digital controls for secure document retrieval and transfer. The implementation emphasized document lifecycle management, custody controls, and digital auditability consistent with Blockchain Platform capabilities for trade documents.
Operational connectivity focused on transactional exchange workflows with shipping lines to accelerate processing times, and the platform was adopted by operations and financial teams, with specific operational ownership in sea import led by the Head of Operations. Deployment scope covered ES Logistics Brazil operations and workflow touchpoints across operational and finance functions rather than a single administrative silo.
Governance shifted procedural control from physical document handling to digitally governed workflows, streamlining approval and release processes and simplifying document retrieval. Reported outcomes include elimination of costs tied to replacing lost original Bills of Lading, reduced administrative expenses, faster processing with shipping lines, improved data quality and user experience for operations and finance teams, and reduced paper usage, with plans to expand carrier collaboration moving forward.
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Federal Bank India | Banking and Financial Services | 4300 | $3.1B | India | WaveBL | WaveBL EBL | Blockchain Platform | 2024 | n/a |
In 2024, Federal Bank India implemented WaveBL EBL on a Blockchain Platform to digitize cross-border trade document exchange and streamline trade finance workflows. The deployment centered on WaveBL EBL as the bank’s electronic Bill of Lading solution, positioned to support export collection and related trade finance operations.
WaveBL EBL implements an electronic shipping solution that digitizes Bills of Lading and associated trade documents using proprietary blockchain technology to preserve document uniqueness and authenticity. Functional capabilities implemented include issuance, instant secure transfer, cryptographic verification, and custody tracking of electronic Bills of Lading, with the platform operating to align with universally accepted processes and regulations.
Operational coverage focused on trade finance and export collections, enabling a single-bank execution of India’s first digital export collection bill transaction using an electronic Bill of Lading. The implementation touches banking trade operations and customer-facing trade services and accommodates the needs of trade participants such as shipping companies, agents, brokers, and correspondent banks involved in cross-border flows.
Governance and process changes included formalizing digital document workflows and verification checkpoints to replace physical paper handling, which reduces risks of forgery, loss, and theft and supports Environmental, Social, and Governance objectives by lowering paper usage and courier carbon footprint. The joint announcement frames Federal Bank as the pioneering India-based bank to carry out a cross-border trade transaction using WaveBL’s blockchain-based electronic Bill of Lading, and the parties reported time and expense savings for participants as part of the implementation outcomes.
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Fonterra | Consumer Packaged Goods | 16441 | $13.4B | New Zealand | WaveBL | WaveBL EBL | Blockchain Platform | 2018 | n/a |
In 2018 Fonterra implemented WaveBL EBL on a Blockchain Platform to digitize bills of lading and associated trade documents. The platform implementation later supported an operational milestone when Fonterra completed its first blockchain trade transaction on October 29, 2020, using Wave and HSBC for a milk powder export to Sichuan New Hope Trading in China.
The WaveBL EBL deployment focused on electronic bill of lading issuance, aggregation of supplementary trade documents into a single digital trade envelope, and the application of electronic signatures. The eBL was configured for peer to peer transfer while the canonical representation of the document set was written to the blockchain, aligning document custody workflows with immutable ledger records and reducing manual handoffs.
Integrations in the live transaction included issuing and presenting the digital trade envelope to HSBC New Zealand, HSBC China acting on behalf of the importer, Maersk as the shipper, and the destination port agent and carrier for cargo release. The operational scope documented in the pilot covered export trade documentation flow from the exporter through correspondent banks to the importer, culminating in the carrier releasing cargo on receipt of the presented bill of lading.
Governance and rollout required seven parties to agree on security, legal and functional terms, with Clyde Fletcher at Fonterra noting the pilot required approximately nine months of setup to align stakeholders. The program was scoped against Fonterra’s existing volume of thousands of Letters of Credit registered per year, positioning the WaveBL EBL implementation for broader adoption pending resolution of remaining multi-party process and legal considerations.
Documented outcomes from the pilot included the documentation portion of the process completing in less than 24 hours, a reduction of more than 10 days compared to paper workflows. Fonterra stated expectations that digitizing bills of lading will reduce costs, the risk of human errors, document loss, forgery and delays, leveraging the immutability and reduced manipulation risk associated with blockchain records.
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Hapag-Lloyd | Transportation | 17100 | $22.4B | Germany | WaveBL | WaveBL EBL | Blockchain Platform | 2022 | n/a |
In 2022, Hapag-Lloyd implemented WaveBL EBL as a blockchain-based electronic bill of lading solution. WaveBL EBL is deployed as a Blockchain Platform to digitize issuance, exchange, and custody of original bills of lading across the carrier documentation lifecycle.
The implementation concentrates on core eBL capabilities, including immediate generation and digital access to bills of lading, secure blockchain-backed transfer and custody, and role-aware release workflows that permit release to booking parties or freight forwarders. WaveBL EBL implementation includes intuitive integration options to accelerate daily documentation handoffs and to reduce manual transfer and handling steps within shipping operations.
Operational coverage centers on carrier documentation and commercial operations, enabling electronic exchange of shipping documents between shippers, forwarders, booking parties, and other supply chain partners. Hapag-Lloyd integrated WaveBL and positioned the solution alongside two certified eBL solution providers approved by the IG P&I Club to provide flexibility in partner choice and platform interoperability.
Governance and rollout emphasize coordinated industry participation, Hapag-Lloyd asking shippers, forwarders, governments, financial institutions, and insurance agencies to collaborate on adoption. Executive guidance set public targets to convert 50 percent of original bill of lading activities to digital within five years and full adoption by 2030. The company cites increased efficiency, enhanced security through blockchain technology, cost reductions on printing and couriers, and environmental benefits as explicit outcomes of WaveBL EBL adoption.
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Transportation | 150 | $10M | Hong Kong | WaveBL | WaveBL EBL | Blockchain Platform | 2023 | n/a |
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Distribution | 80 | $10M | Italy | WaveBL | WaveBL EBL | Blockchain Platform | 2024 | n/a |
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Transportation | 200 | $85M | Chile | WaveBL | WaveBL EBL | Blockchain Platform | 2025 | n/a |
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Transportation | 50 | $9M | Belgium | WaveBL | WaveBL EBL | Blockchain Platform | 2023 | n/a |
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Transportation | 1600 | $800M | Germany | WaveBL | WaveBL EBL | Blockchain Platform | 2022 | n/a |
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Buyer Intent: Companies Evaluating WaveBL EBL
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