Hong Kong | 19 January 2026

Lloyd’s List Intelligence today announced that it has been included in the Hong Kong Monetary Authority’s (HKMA) Project Cargox Recommendation Report under the Commercial Data Interchange (CDI) programme, supporting Project CargoX’s ambition to shape the next evolution of Hong Kong’s trade finance ecosystem.

Through this initiative, the CDI is expanding its data coverage for global maritime operations - including vessel and cargo tracking, risk analysis, and shipping market intelligence to support banks and financial institutions across key trade finance use cases.

By leveraging maritime and transactional cargo data made available through the CDI, banks can automate pre-transaction controls, enhance trade finance efficiency, and strengthen anti-money laundering (AML) checks, sanctions screening, and ongoing risk monitoring across trade finance workflows.

Earlier this month, Lloyd’s List Intelligence was also honoured to be appointed as one of five new members of the Project CargoX Expert Panel. The panel brings together industry leaders and subject-matter experts to translate extensive research, market engagement, and global best practices into actionable recommendations that support the continued development of Hong Kong’s trade finance ecosystem.

The full report with the recommendations can be viewed here.

Strengthening data-driven trade finance workflows

Lloyd’s List Intelligence’s maritime intelligence platform delivers deep insights into vessel activity, ownership and management structures, and broader compliance risk indicators, including sanctions exposure, container movements, and Bill of Lading (BOL) screening. Once onboarded into the CDI ecosystem, this intelligence will enhance transparency across maritime trade flows and enable more informed, data-driven risk management for banks and financial institutions.

The inclusion of LLI as a CDI data partner aligns with Project CargoX’s recommendations to integrate high-quality commercial data sources into Hong Kong’s trade finance infrastructure, supporting greater automation, improved credit decisioning, and stronger risk controls across increasingly complex global supply chains.

Supporting Hong Kong’s role as a digital trade finance hub

Project CargoX, led by the HKMA with support from an international expert panel, outlines a roadmap to position Hong Kong as a trusted, interoperable, and data-driven hub for digital trade finance. The initiative leverages next-generation infrastructure, such as the CDI, to connect banks with validated, consent-based commercial data sources.

By being onboarded as a recommended maritime data partner for the CDI, Lloyd’s List Intelligence supports the initiative’s objectives to:

• Enhance trade finance risk oversight through trusted cargo and vessel data
• Improve efficiency and transparency across trade and logistics workflows
• Strengthen connectivity with global trade corridors through interoperable data standards

“Trade finance increasingly depends on trusted, real-time data across complex global supply chains—covering every party, vessel, and shipment—to safeguard transactions and ensure compliance,” said Waqas Samad, CEO, Lloyd’s List Intelligence. “Being selected as a data partner for HKMA’s Commercial Data Interchange under Project CargoX reflects the growing importance of maritime intelligence in trade finance and LLI’s commitment to the Asia-Pacific market. We look forward to supporting Hong Kong’s vision for a more data-enabled, resilient and connected trade finance ecosystem as the project progresses.”

Media enquiries
Shweta.aggarwal@lloydslistintelligence.com
Shweta Aggarwal
Head of Marketing, APAC 
Lloyd’s List Intelligence

About Lloyd’s List Intelligence

Lloyd’s List Intelligence delivers the trusted maritime data, analytics, and insight that keeps global trade moving.

Powered by a rich and growing network of intelligence sources, proprietary AIS data, and a global network of analysts, we provide real-time visibility into the world’s fleets, trade flows, and risks. By combining advanced analytics, AI, and human expertise, our intelligence helps organisations across shipping, finance, commodities, insurance, legal, and government sectors make confident decisions— reducing risk exposure, optimising operations, and identifying commercial opportunities.

With over 300 years of maritime heritage, we continue to shape the future of trade intelligence, transforming vessel, ownership, compliance, and emissions data into clarity that drives smarter, safer, and more transparent trade.