Hong Kong, 6 May 2026 — Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade, today announced its API
integration with ODeX, a leading online platform for Shipping Documentation Exchange in India. This integration allows users to process IQAX eBL directly within the ODeX platform, simplifying and accelerating eBL adoption across global supply chains.


A key barrier to pervasive eBL adoption is multiple disparate platforms across the shipping industry, hampering the integration of digital bills of lading into existing workflows. GSBNs latest initiative lets users receive, transfer, and surrender IQAX eBLs seamlessly on ODeX, reducing manual steps, minimising errors, while improving operational speed and transparency. The collaboration has already marked a significant milestone in the journey toward paperless trade by supporting the first live Hapag-Lloyd shipment from India, Mundra to US, Chicago for Transmarinus Inc.


ODeX, with its strong market presence and trusted carrier partnerships, is at the forefront of India’s digital transformation in Export-Import (EXIM) trade. Last year, the platform successfully completed eight new integrations across ports, partners, and processes, streamlining operations for businesses nationwide. This latest collaboration between market leaders significantly ramps up the growing eBL adoption in India. By integrating GSBN’s secure data infrastructure and IQAX eBL onto ODeX’s platform, the partnership removes friction to adoption, accelerating the path to paperless trade. GSBN will leverage ODeX’s extensive customer network to further connect eBL with cargo release and document exchange flows, creating tangible value for customers integrating eBL into their operations.


Bertrand Chen, CEO of GSBN, said: “One of the biggest challenges to scaling eBL today is the major fragmentation across systems and platforms. GSBN’s mission is to provide the neutral trust layer to connect these environments. By integrating with ODeX and enabling IQAX eBL within existing workflows, we are reducing complexity for users and making eBL easier to adopt at scale across the complete trade ecosystem.”


George Guo, CEO of IQAX said: “Seamless eBL data flows transform digital documents into a
foundation for trade intelligence. This integration with GSBN and ODeX lowers the barrier to eBL
adoption while enabling customers to connect trusted data across multiple trade rails, improving visibility, decision‑making, and value creation across global trade.”

Sanjay Singh Kushwah, Managing Director – India, Sri Lanka & Bangladesh of Hapag-Lloyd said, “By moving Bills of Lading onto IQAX eBL over GSBN and making them accessible through ODeX in India, we reduce delays, costs, and avoidable disputes tied to couriered and stamped paper documents. This collaboration strengthens the integrity of our shipment documentation and advances how Hapag-Lloyd manages the shipment lifecycle in a more digital, resilient and trusted way.


At the same time, it meaningfully reduces our environmental footprint by eliminating paper usage and courier-related emissions, supporting our broader sustainability ambitions. For our customers, it delivers a faster, more transparent and convenient experience, with real-time access to critical documents, fewer process uncertainties, and greater control over their shipments.”


Liji Nowal, CEO of OdeX said, “Our customers want paperless efficiency without sacrificing
ease‑of‑use. This collaboration with GSBN and IQAX brings eBL capabilities into the ODeX
experience, enabling secure issuance, transfer, and surrender in one place. We are excited to help the market move faster, with better visibility and fewer manual steps.”


This milestone signals growing momentum as more partners join the GSBN ecosystem to make eBL adoption simple, secure, and interconnectable. By enabling eBL processing within familiar platforms, GSBN and its partners are removing friction, reducing operational complexity, and delivering significant efficiency gains. GSBN will continue to expand these integrations globally to support paperless trade.

ENDS

About GSBN
The Global Shipping Business Network (GSBN) is a neutral, not-for-profit consortium whose mission is to enable paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of partners. GSBN facilitates trusted collaboration between participants across the shipping industry to enable greater efficiencies, and paperless trade as well as supporting the shipping industry’s decarbonisation transition.

GSBN’s ecosystem includes shipping lines, terminals, banks, application developers and other
consortia. The entire network accounts for more than half of the containers handled in the world.
www.gsbn.trade

About IQAX
IQAX is the digital trade intelligence company powering critical decisions across global supply chains. We help businesses act faster, build resilience and become more sustainable, by solving their most complex challenges. From IQAX eBL to digital twin, our solutions embed our deep industry expertise with a proprietary frontier technology stack incorporating IoT, blockchain, and AI. Our enterprise- grade solutions prioritise security, integration and interoperability, helping customers accelerate digital transformation. IQAX works with leading shipping lines, logistics providers, corporates, and financial institutions worldwide.

www.iqax.com

About ODeX
ODeX is a pioneer in the digital transformation of EXIM trade services, focusing on simplifying and automating documentation processes for the ocean shipping industry. Serving over 30,000 customers and 65,000+ users, our platform streamlines shipping and logistics processes for more than 100+ shipping lines and NVOCCs. With innovative solutions and integrations, ODeX enhances operational efficiency for freight forwarders, truckers, and other stakeholders. Our impact includes processing over 1.4 million payments, 11 million invoices, 6 million delivery orders, and 11 million gate passes, contributing significantly to the efficiency and effectiveness of global trade operations.

For more information about ODeX and its services, visit the ODeX website.

About Hapag-Lloyd
With a fleet of 305 modern container ships and a total transport capacity of 2.5 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies. In the Liner Shipping segment, the Company has around 14,000 employees and 400 offices in 140 countries. Hapag-Lloyd has a container capacity of 3.8 million TEU – including one of the largest and most modern fleets of reefer containers. A total of 130 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. In the Terminal & Infrastructure segment, Hapag-Lloyd has equity stakes in 22 terminals in Europe, Latin America, the United States, India and North Africa. Around 3,000 employees are assigned to the Terminal & Infrastructure segment and provide complementary logistics services at selected locations in addition to the terminal activities.
https://www.hapag-lloyd.com/en/home.html

Press Contacts
Edelman for GSBN
Winnie Li
+852 2837 4758
gsbnglobal@edelman.com

Edelman for IQAX
June Wong
+852 6986 5822
iqaxhk@edelman.com