We have recently seen many of our Members switching to electronic bills of lading (“eBLs”) on some of their trades. The move towards a paperless trade is therefore gaining momentum. The Club is, however, still receiving many questions about eBLs and about the three eBL systems approved by the International Group of P&I Clubs, namely Bolero, essDOCS and e-titleTM. This Legal Briefing provides brief explanations on these three systems and how each of them works.
If Members have any questions after reading this Legal Briefing, please do not hesitate to contact the authors or your usual Club contact.