INTTRA Announces Multi-Carrier Bill of Lading Agreement

June 19, 2006

INTTRA and P&I Clubs Finalize Terms

Parsippany, N.J., June 19, 2006 - In a breakthrough to creating an industry standard for remote printing of Bills of Lading, INTTRA today announced the approval of a standardized legal agreement required by INTTRA and its carrier members to print images of Bills of Lading via INTTRA’s web portal.

“Until now, customers needed to follow a separate approval process and sign separate legal agreements with each and every carrier in order to enable remote Bill of Lading printing,”  according to David Burns, INTTRA’s Product Manager for Documentation Products.
“It is not unusual for carrier Bill of Lading print agreements to exceed 30 pages, with each agreement containing different terms and conditions. Customers who work with many different carriers face a daunting task when it comes to remote Bill of Lading printing,” he added.

INTTRA, the world’s largest e-commerce platform for the ocean freight industry, has worked with its carrier members and with helpful input from the International Group of Protection & Indemnity Clubs for over a year in developing a common set of legal terms and conditions to support remote Bill of Lading printing.

“We thank our participating carriers and the International Group for their hard work and cooperation,” said Eric Winston, INTTRA General Counsel.  He further added, “Without their valuable input INTTRA could not have achieved this important milestone in legal agreement standardization.”

Henry Pfeiff, Director of Corporate Services for Hamburg Süd, one of INTTRA’s carrier members stated, “We are very pleased with the thorough review process and close cooperation among INTTRA, participating carriers and the constructive contribution from our insurance clubs.  As a result of this thorough process, we are confident that the necessary legal and insurance protections are in place to support remote printing of carrier Bills of Lading.”

Added Kim Chalmers Rasmussen, General Manager, Legal and Corporate Affairs for Maersk Line and another INTTRA carrier member, “It is pleasing indeed that remote printing of Bills of Lading can now be offered to INTTRA customers under a single set of carrier terms and conditions.  This is another instance of standardization within e-commerce intended to benefit the customers.”
 

About INTTRA
INTTRA, founded in 2000 and headquartered in Parsippany, N.J., USA, is a leading global provider of e-commerce solutions to ocean carriers and their customers.  INTTRA professionals work with customers to streamline and standardize their shipping processes, applying their e-commerce knowledge of the shipping industry for customers in markets worldwide.

INTTRA’s e-commerce platform offers a comprehensive range of e-commerce tools, including: Tender, Sailing Schedules, Booking, Shipping Instructions, Bill of Lading, Track & Trace, and Reports. Accessing the INTTRA platform is simple, using any combination of their channel solutions: INTTRA-Link (EDI-based, system-to-system connection), INTTRA-Desktop (off-line PC application), or INTTRA-Act (web-based application).
INTTRA’s carrier network includes, Aliança, ANL, CMA CGM, CSAV, CSAV NORASIA, Deutsche Afrika-Linien, FESCO, Hamburg Süd, Hapag-Lloyd, "K" Line, Libra, Maersk Line, MCC Transport Pte Ltd., MISC, Mitsui O.S.K. Lines, MSC Mediterranean Shipping Company S.A., NYK Line, Safmarine, Senator Lines and United Arab Shipping Company.  The INTTRA carrier network represents over 61% of the container capacity of the world’s top ocean carriers.

For further information visit www.inttra.com.  Or contact Andy Barrons, INTTRA Vice President of Marketing, at 973.263.5100 or email him at:  andy.barrons@inttra.com.
INTTRA, the INTTRA logo, INTTRA Link, INTTRA Desktop, INTTRA Act are trademarks or registered trademarks, service marks or registered service marks of INTTRA, Inc. All other product and company names mentioned herein may be trademarks of their respective holders.