Electronic (Paperless) Trading－eTEU eBL Platform 20 December 2023 No.23-018 Tweet Download PDF (273KB) This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of the eTEU eBL Platform.   Members may recall, as reported in our circular No.22-015 dated 14 November 2022, 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 (more specifically the Rulebook/Operating procedures September 1999), E-TITLE, edoxOnline, WAVE, ICE Digital Trade Management Limited (formerly essDOCS), CargoX, IQAX Limited, Secro, TradeGo eBL, and now eTEU Technologies Ltd (eTEU eBL Platform) has been added to the list of IG approved system providers.   The eTEU eBL Platform is a digital platform which provides a website interface for clients worldwide to create and transfer electronic bills of lading and associated electronic shipping documents promptly and securely. The eTEU eBL Platform is owned by eTEU Technologies Ltd, a London based company.   The system works with a blockchain back-end to ensure validity of each electronic bill of lading as it is transferred from party to party. Such electronic documents are checked against unique codes for same on the blockchain, thereby avoiding tampering risk.   The legal documentation and terms of use associated with the use and operation of the eTEU eBL Platform are the eTEU Terms and Conditions dated 7th Sep