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Emergency Contact IG circular: Electronic (paperless) trading - edoxOnline platform Home Latest updates News IG circular: Electronic (paperless) trading - edoxOnline platform 11 Jun 2019 Download View PDF Sign up for alerts Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platform). This circular informs Members of the approval by the International Group of P&I; Clubs (the Group) of Global Share S.A. edoxOnline platform. Until February 2010 the Rules of all of the Group Clubs specifically excluded liabilities in respect of the carriage of cargo under all electronic, i.e. paperless, trading systems to the extent that the liabilities under such systems would not have arisen under a ‘normal’ paper system i.e. one using transferable paper documentation. From 20 February 2010 liabilities arising in respect of the carriage of cargo under such paperless trading systems were covered, provided that the system had first been approved by the Group. Since then the Group has approved electronic i.e. paperless systems administered by Electronic Shipping Solutions, by Bolero International Ltd (more specifically the Rulebook/Operating procedures September 1999.) e-title TM solution and now Global Share S.A. edoxOnline has been added to the list of IG approved systems. edoxOnline provides an electronic paperless system which is supported by a legal framework to facilitate transfer and endorsement of electronic bills of lading, removing the need for a paper bill although there is scope to revert to paper where it is necessary to do so. This is the first approved system to use Blockchain technology. Further details can be found on the company’s website www.globalshare.com.ar . The legal documentation and Terms of Use associated with the use and operation of the edoxOnline platform is the e-BL Terms and Conditions (T&C;). That documentation has been reviewed and approved by the Group. Other exclu
IG circular: Electronic (paperless) trading - edoxOnline platform
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