Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow

    June 15, 2026

    Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable

    June 15, 2026

    Money Market Rates Mixed as Banking System Liquidity Dips

    June 15, 2026
    Facebook X (Twitter) Instagram
    Trending
    • XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow
    • Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable
    • Money Market Rates Mixed as Banking System Liquidity Dips
    • CBN to Open N1trn Worth of Treasury Bills for Subscription
    • CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs
    • Naira Opens Weak, Foreign Investors Drive $0.93bn FX Inflows
    • South African Rand Firmer as ‘Peace Deal’ Shifts Market Sentiment
    • Global Equities Markets Rally on AI Momentum, SpaceX IPO Debut
    • Home
    • About Us
    Facebook X (Twitter) Instagram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, June 15
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Mandatory Maritime Single Window: One Year to Go

    Mandatory Maritime Single Window: One Year to Go

    Marketforces AfricaBy Marketforces AfricaJanuary 31, 2023Updated:February 1, 2023 News No Comments2 Mins Read
    Mandatory Maritime Single Window: One Year to Go
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mandatory Maritime Single Window: One Year to Go

    The International Maritime Association (IMO) has said that From January 1st 2024, ports around the world must adopt Maritime Single Windows (MSWs) system for the electronic exchange of information required on ships’ arrival at a port, their stay and their departure.

    This mandatory change follows the adoption by IMO’s Facilitation Committee of amendments to the FAL Convention (Convention on International Maritime Traffic).   IMO in a two-day symposium held recently in London, discussed how Member States can implement MSWs before the January 2024 deadline.

    The symposium, themed “Maritime Single Window 2024– A window of opportunities” was jointly organized by IMO, IAPH and BIMCO, with the support of the International Port Community Systems Association (IPCSA). 

    A host of experts from across the shipping and ports sectors explored how MSWs fit with national digitalization strategies, the best approach to designing and implementing MSWs to suit Member States’ maritime trade facilitation objectives and objectives to achieve the greening of shipping. 

    Also discussed was the concept of interoperability and understanding how to apply industry standards to harmonize electronic data exchanges, as well as port call data requirements, and the development of strategic partnerships.

    Opening the Symposium at IMO’s London headquarters, IMO Secretary General, Mr Kitack Lim, said that making MSWs mandatory from 1 January 2024 was not only “a significant step towards accelerating digitalization in the maritime trade”, but also “an opportunity for all stakeholders in shipping, and a necessary step forward”. 

    Mr Lim added that this would accelerate the digitalization and decarbonization aspirations of international shipping. He praised progress made in recent years by the shipping and port industries and pledged IMO’s support to Member States in finding tangible solutions to the forthcoming new obligations under the FAL Convention.  

    Also speaking in his opening remarks IAPH’s President, Subramaniam Karuppiah, warned against the impact of COVID-19 pandemic and also emphasized that the maritime industry is seriously lagging behind in its move to digitalization.

    Nikolaus Schües, President Designate of BIMCO, on his part, sounded an optimistic note, describing Maritime Single Window as “an opportunity to be exploited and one we cannot afford to miss”. # Mandatory Maritime Single Window:  One Year to Go

    Report by Zainab Junaid

    >>>Naira Challenges Raise Possibility of Materials Devaluation – Report

    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow

    Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable

    Money Market Rates Mixed as Banking System Liquidity Dips

    CBN to Open N1trn Worth of Treasury Bills for Subscription

    CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs

    Naira Opens Weak, Foreign Investors Drive $0.93bn FX Inflows

    Add A Comment

    Comments are closed.

    Editors Picks

    XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow

    June 15, 2026

    Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable

    June 15, 2026

    Money Market Rates Mixed as Banking System Liquidity Dips

    June 15, 2026

    CBN to Open N1trn Worth of Treasury Bills for Subscription

    June 15, 2026

    CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs

    June 15, 2026
    Latest Posts

    XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow

    June 15, 2026

    Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable

    June 15, 2026

    Money Market Rates Mixed as Banking System Liquidity Dips

    June 15, 2026

    CBN to Open N1trn Worth of Treasury Bills for Subscription

    June 15, 2026

    CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs

    June 15, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.