Electronic (Paperless) Trading Systems – e-title TM 27 October 2015 No.15-010 Download PDF (428KB) This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of the e- title TM   solution. Members will recall, as reported in the special circular No.10-015 of 6 October, 2010, 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 ‘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 systems were covered provided that the system had first been approved by the Group.  The first two systems approved by the Group were those administered by Electronic Shipping Solutions now known as essDOCS Exchange Ltd (more specifically the version referred to as DSUA 2013.1) and by Bolero International Ltd (more specifically the Rulebook/Operating procedures September 1999.)  Both those two systems continue to be approved. In addition, the e- title TM solution can now be added to the list of approved electronic i.e. paperless systems.   e- title TM is a secure mechanism focusing exclusively on title transfers, complementing existing web-portal services offered by shipping lines, logistics operators and trade facilitators.  The solution is supported by a legal framework to facilitate electronic exchange of Bills of Lading and waybills, removing the need for a paper Bill of Lading.  Further details can be found on the company’s website – http://www.e-title.net/ .  The legal documentation associated with the use and operation of the e- title TM solution is the Electronic Title User Agreement (version 1.2). This document has been extensively reviewed by the Group.   Exclusions