Emergency Contact IG Circular: Electronic (paperless) trading update - IQAX eBL system Home Latest updates News IG Circular: Electronic (paperless) trading update - IQAX eBL system 10 Jun 2022 Download 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), and IQAX Limited (IQAX eBL) This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of the IQAX eBL system. Members may recall, as reported in our previous circular dated 17 February 2020, 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), and now IQAX Limited has been added to the list of IG approved system providers. IQAX eBL is a blockchain enabled system developed and owned by IQAX Limited, a Hong Kong company.  As a part of COSCO SHIPPING Group, IQAX Limited is a global information technology company that provides intelligent and digital transformation solutions using blockchain for enterprises in the logistics ecosystem.  The system provides access to real-time and traceable trade status of an electronic bill of lading and cargo transportation with a focus on digitalizing the issuance, transfer and management o