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Emergency Contact IG Circular: Electronic (paperless) trading update - BRITC eBL System Home Latest updates News IG Circular: Electronic (paperless) trading update - BRITC eBL System 2 Apr 2024 Download View PDF Sign up for alerts Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platform), WAVE (WAVE Application), ICE Digital Trade Management Limited, CargoX, IQAX Limited (IQAX eBL), Secro Inc. (Secro), TradeGo PTE. LTD (TradeGo eBL), eTEU Technologies Ltd (eTEU eBL Platform), and BRITC ETRADE SOLUTION Co., Ltd (BRITC eBL). This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of the BRITC eBL system, provided by BRITC ETRADE SOLUTION Co., Ltd. Members may recall, as reported in the Circular dated 20 December 2023 that, 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 paper system i.e. one using transferable paper documentation. Since 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 Bolero International Ltd, E-TITLE Authority Pte Ltd, Global Share S.A., WAVE, ICE Digital Trade Management Limited, CargoX, IQAX Limited, Secro Inc., TradeGo PTE. LTD, eTEU Technologies Ltd , and now BRITC ETRADE SOLUTION Co., Ltd (BRITC eBL) has been added to the list of IG approved system providers. BRITC eBL is a blockchain-based digital platform which supports encrypted and instantaneous transfer of electronic records including electronic bills of lading (e-bills), and documentation.  All participants of the platform are able to cre
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pi_circular Shipowners' Club ·2024-04-01

IG Circular: Electronic (paperless) trading update - BRITC eBL System

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