Paperless Trading (Electronic Trading Systems) - Approval of IQAX Limited e-B/L system (5.606)

This circular confirms that London P&I and the International Group of P&I Clubs have approved IQAX Limited's electronic bill of lading system for paperless trading.

It also explains the background to cover for approved electronic trading systems, sets out the main exclusions that continue to apply, and asks members using these systems to share any practical or legal issues they encounter.