Emergency Contact IG Circular - Electronic Paperless Trading Systems Update - approval of the Secro system Home Latest updates News IG Circular - Electronic Paperless Trading Systems Update - approval of the Secro system 24 Nov 2022 Download View PDF Sign up for alerts EssDOCS, Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platform) WAVE (WAVE Application), CargoX, TradeLens (TradeLens eBL), IQAX Limited (IQAX eBL), and Secro Inc. (Secro) This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of the Secro system. Members may recall, as reported in the Club’s Circular dated 10 June 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 EssDOCS, by Bolero International Ltd (more specifically the Rulebook/Operating procedures September 1999), E-TITLE, edoxOnline, WAVE, CargoX, TradeLens (TradeLens eBL), IQAX Limited and now Secro has been added to the list of IG approved system providers. Secro is a software-as-a-service platform enabling real-time, secure collaboration between commodity traders, shipowners, agents and financial service providers. Customers digitally create, e-sign, and exchange the most common trade documents, including negotiable and non-negotiable ocean bills of lading.  Secro also provides contract performance tools.  The Secro platform uses data encryption and it is built on private blockchain