Who launched a new rule on electronic information exchange?

IMO (International Maritime Organisation) has mandated a new rule for national governments to launch electronic information exchange between ships and ports. This mandatory requirement came into effect from April 8, 2019 is part of a package of amendments under the revised Annex to the FAL Convention, adopted in 2016. The main motive of the rule is to make cross-border trade simpler and to make efficient logistics chain for more than ten billion tonnes of goods traded globally every year.The new Facilitation of International Maritime Traffic (FAL Convention) is set to establish systems for the electronic exchange of information related to maritime transport.