ICC reaches arbitration milestone with case 28,000
The ICC International Court of Arbitration has registered the 28,000th case under the ICC Arbitration Rules, marking a significant milestone in its centenary year.
Guest blog: New strategies for nuclear power plant construction could cut delays, overruns
In the run-up to the 18th ICC New York Conference on International Arbitration on 21-22 September 2023, Paul Ficca, Brett Kumm and Jack Westphal from FTI Consulting delve into the challenges and innovations shaping the nuclear power plant construction sector in the United States and worldwide.
FIT Alliance launches declaration to secure commitment to digitalisation
Every year, ocean carriers issue around 45 million bills of lading, one of the most important trade documents in shipping. Currently, many international shipping documents are not standardised, and the majority are still paper based, requiring physical hand-off between participants. The adoption of eBLs will enable the trade industry to benefit from faster transactions, cost savings, and lowered fraud risks.
Our B20 Summit takeaways
The Business 20 (B20) summit hosted by India, was under the theme of ‘RAISE’, an acronym for Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses. The 2023 edition of the official G20 dialogue forum with the global business community took place in New Delhi from 25-27 August.
ICC and Swift unveil first API standards for guarantees and standby letters of credit
ICC and Swift, the global leader in secure financial messaging services, have released the first application programming interface (API) industry standards for bank guarantees and standby letters of credit.
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INCOTERMS® 2020
ICC’s world renowned Incoterms© rules facilitate trillions of dollars in global trade each year.
Learn more about the official Incoterms® 2020, launched on Sept. 10th, 2019:
www.incoterms.be
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