The purpose of this agreement is to define the relationship between the e-B/L registration authority and the e-B/L user in regard to the issuance and distribution of the e-B/L in accordance with the Enforcement Regulation, concerning the e-B/L provision of the Commercial Act (referred to as the “Enforcement Regulation” hereinafter).

The terms used in this agreement are defined as follows:

1. 1. The “e-B/L” refers to the bill of lading that is electronically created, and registered with the e-B/L registration authority in accordance with Clause 1 of Article 862 of the Commercial Act.  
2. 2. The “e-B/L registration authority” (referred to as the “registration authority” hereinafter) refers to the entity that is designated by the Minister of Justice and handles such tasks as issuance, registration, transfer and change of e-B/L, conversion thereof to paper B/L, and preservation of related electronic records. In this agreement is designated by the Korea Trade Network (KTNET).  
3. 3. “User” refers to the customer who connects to the registration authority, agrees to its terms and conditions, enters into a contract with the registration authority, and uses the services provided by it.  
4. 4. The “e-B/L services” (referred to as “services” hereinafter) refers to all services (business activities), provided by the registration authority, related to the issuance and distribution of the e-B/L, such as issuance, registration and transfer of e-B/L and conversion thereof to paper B/L. .  
5. 5. The “e-B/L title registry” (referred to as “electronic registry” hereinafter) refers to the book electronically managed by the registration authority to manage entries related to issuance, registration and transfer of e-B/L, and conversion thereof to paper B/L.  
6. 6. “Certified digital signature” refers to the digital signature pursuant to Paragraph 3, Article 2 of the Digital Signature Act.   
7. 7. “Electronic bill of lading authority holder” (“authority holder” hereinafter) refers to the person to whom an electronic bill of lading was first issued by the registering organization or an assignee of the electronic bill of lading.   
8. 8. “Electronic bill of lading issuance registration” (“issuance registration” hereinafter) refers to the act of registration in the electronic register by the registering organization according to the application of a carrier for the purpose of electronic bill of lading issuance.  
9. 9. “Electronic register closing” refers to the measure to disable the registering organization to delete, modify or add listings in the electronic register.  
10. 10. “Written bill of lading” is attached with a seal impression or signature of a carrier reproduced in electronically by the registering organization upon request by an authority holder in which the electronic bill of lading transfer records are entered. This refers to an electronic bill of lading converted into and issued in the form of a written bill of lading (paper bill of lading). In this case, the electronic register of the electronic bill of lading is closed and the validity of the electronic bill of lading becomes null and void.   
11. 11. “Electronic document,” as defined in Item 1, Article 2 of the Framework Act on Electronic Commerce, refers to information drawn up, transmitted, received or saved in electronic formats by the information processing system.   
12. 12. “Access means” refers to the ID, password and public key certificates which are mandatory for registration and continued use of the service.  

1. ① These Terms and Conditions become effectuated after being posted on the website of the registering organization and subscription completed by a consenting user.   
2. ② In case the registering organization changes the Terms and Conditions, it shall be posted for one month on the website of the registering organization (www.eblkorea.or.kr). Unless any objection is raised by any user within one month from the date of posting, the changed Terms and Conditions shall be deemed approved.   

1. The registering organization shall not take part in substantial relationships of transportation transactions between users. Conflicts occurring between users in relation to this shall be resolved by the parties concerned.   

1. ① Subscription: persons intending to use the service shall submit their actual names and other particulars required for registration. The information submitted must be approved by the registering organization to complete the subscription process.   
2. ② Modification: in case any change occurs in the registered information, users shall promptly change the registration of the information concerned.   
3. ③ Cancellation: users shall apply for cancellation to the registering organization in writing or by the corresponding electronic means at least five days prior to the desired date of cancellation.   

1. In case of conversion to a written bill of lading upon request by an authority holder, the registering organization can separately designate the format of the written bill of lading.   

1. ① Users issuing an electronic bill of lading can use signatures of their own or their proxies reproduced in electronic means by registering them to the registering organization in advance.   
2. ② Users issuing an electronic bill of lading can specify transportation terms and conditions by registering them to the registering organization in advance.   

1. Users issuing and transferring an electronic bill of lading shall use their own certified digital signatures.   

1. ① These Terms and Conditions become effectuated after being posted on the website of the registering organization and subscription completed by a consenting user.   
2.   1. Using somebody’s name illegally or entering particulars of registration falsely
3.   2. When found to be not complying with the statutes relating to the electronic bill of lading service, such as the Commercial Act and Enforcement Regulations of the Act
4.   3. When found to be not complying with methods and procedures set forth by these Terms and Conditions and the registering organization
5. ② The registering organization can temporarily restrict users’ access in inevitable cases, such as inspection of information and communications facilities, etc.   

1. The registering organization authenticates a user based on the matching status of the access means registered in the registering organization. The user is authenticated when the access means match.   

1. ① In principle, service hours are 24 hours a day, 365 days a year as long as it does not cause any particular operational or technical encumbrances. However, an exception applies to the days or time periods designated by the registering organization as necessity for regular inspection, etc. and the days and times are notified to users in advance.   
2. ① In principle, service hours are 24 hours a day, 365 days a year as long as it does not cause any particular operational or technical encumbrances. However, an exception applies to the days or time periods designated by the registering organization as necessity for regular inspection, etc. and the days and times are notified to users in advance.   

1. ① The registering organization can impose fees on services provided, such as conversion of the written bill of lading as well as issuance, transfer and modification of an electronic bill of lading.   
2. ② Service fees are listed in the registering organization’s website and are additionally notified to users.   

1. ① Users shall check the results of service processing, such as issuance registration, modification, transfer and conversion to a written bill of lading, by using the electronic register.   
2. ② Upon realizing that the processing results of an electronic bill of lading do not match the contents of the electronic register, users shall immediately notify this to the registering organization.   

1. In relation to the handling of notification prescribed by the Enforcement Regulations on conversion to a written bill of lading as well as issuance registration, modification and transfer of a bill of lading, the registering organization shall notify the information via electronic means, such as electronic documents, to the registering organization’s website and contacts registered in advance by users.   

1. ① Users cannot lend, transfer nor entrust access means necessary for an electronic bill of lading transaction to or with a third party.   
2. ② Users shall not disclose access means to a third party and shall take sufficient caution in management of the access means in order to prevent misuse, forgery or fabrication of the access means.   
3. ③ For damages occurring due to violation of the obligations stipulated in Paragraph 1 and 2 above, the user concerned shall be liable for the damages.   

1. ① To issue an electronic bill of lading, the carrier shall make an application to the registering organization by attaching the relevant electronic documents and the terms and conditions of the electronic bill of lading for which the certified digital signature of the carrier as well as the consent of the consignor can be checked including information pursuant to Paragraph 1, Article 853 of the Commercial Act and Paragraph 1, Article 6 of the Enforcement Regulations of the Act.
2.    1. Name, nationality and tonnage of vessel
3.    2. Type of goods, weight or volume of goods, count of packaging per type and symbols notified in writing by consignor
4.    3. External conditions of goods
5.    4. Name or trade name of charterer or consignor
6.    5. Name or trade name of consignor or notification recipient
7.    6. Port of loading port of unloading
8.    7. Shipping charge
9.    8. Place and date of issuance
10.    9. In case a multiple number of written bills of lading have been issued, the count of the bills of lading issued
11.    10. Name or trade name of carrier
12.    11. The principal place of business of the carrier
13.    12. Place of receipt and delivery of goods
14.    13. The electronically reproduced signature of the carrier or its proxy (can be omitted if registered in advance with the registering organization)
15. ② In case there are no abnormalities in the carrier’s application for issuance registration of an electronic bill of lading, the registering organization shall complete the entering of the details of issuance registration including the transportation terms and conditions and information specified, per item, according to Paragraph 1 into the electronic register and notify the result to the consignor and carrier through electronic documents.   
16. ③ Prior to application for an issuance registration pursuant to Paragraph 1, the carrier shall obtain consent from the consignor for issuance of the electronic bill of lading and shall include details in the application with which the registering organization can verify that the consent has been obtained.   

1. ① The authorized holder shall draw up an electronic document of transfer application indicating the intention of endorsement and including the information outlined below and then request the registering organization to send the document to the assignee.   
2.    1. Information indicating the identity of an electronic bill of lading, such as the bill of lading management number and serial number given by the registering organization
3.    2. Trade name (or name) and business registration number of the assignee
4.    3. Certified digital signature of the assignee
5. ② In case there are no abnormalities in the carrier’s application for transfer, the registering organization shall complete entering details of transfer into the electronic register and notify the result to the assignee and carrier through the electronic documents.   

1. ① To modify contents of an electronic bill of lading upon request by the authorized holder or carrier, an application to do so shall be made to the registering organization through an electronic document stipulating the details of the modification. However, application for cancellation of the issuance of the bill of lading due to a merger or split of previously issued electronic bills of lading can only be made by the authority holder.   
2. ② Application to modify contents of an electronic bill of lading pursuant to Paragraph 1 requires approval by the carrier or the authorized holder of the counterparty. However, cancellation of the issuance of a bill of lading due to a merger or spilt of a previously issued electronic bill(s) of lading can only be approved or rejected by the carrier.   
3. ③ The registering organization, upon receiving a notification on the status of approval from a carrier or authorized holder pursuant to Paragraph 2, shall immediately notify the contents to carrier or the authorized holder of the counterparty. However, in case of an approval of an application pursuant to the provisions of Paragraph 1, notification shall be made after entering the details of modification into the electronic register.   

1. ① The authorized holder can have an electronic bill of lading issued as a written bill of lading by drawing up an electronic document to request conversion into a written bill of lading and submitting it to the registering organization. The authorized holder can withdraw the request, but only if issuance of the written bill of lading has not yet been made.   
2. ② To receive a written bill of lading, the authorized holder shall personally visit the registering organization and submit the following documents:
3.   1. Printed copy of the electronic document being requested to be converted into a written bill of lading,
4.   2. Identification of the authorized holder or an authorized proxy,
5.   3. Power of attorney specifying the intention to entrust receipt of the bill of lading number and written bill of lading (only in case of receipt by a proxy),
6.   4. A certificate of the authority holders’ seal impression (in case of a seal affixed by a proxy with power of attorney).

1. ① The authorized holder to whom the goods are to be delivered shall apply for the delivery to the registering organization through an electronic document indicating the intention to claim for delivery of goods.   
2. ② Upon receiving the claim of delivery, the carrier may refuse delivery by sending relevant electronic documents listing the intention and reasons to the registering organization. The registering organization shall immediately send the documents to the authorized holder who had made the claim of delivery.   
3. ③ The carrier, upon delivering goods, shall notify the fact to the registering organization in the form of an electronic document with information of the recipient and date of delivery. The registering organization shall immediately enter the details in the electronic register and close the electronic register. In addition, the registering organization shall notify the closing of the electronic register to the carrier and recipient in the form of an electronic document.   
4. ④ In case the carrier, upon receiving the claim of delivery, delivers goods after checking whether the authorized holder in Paragraph 1 matches the authorized holder listed in the electronic register, it shall be considered that the electronic bill of lading had been redeemed to the carrier.   

1. Pursuant to the statutes relating to the electronic bill of lading, the registering organization shall ensure the accuracy and safety of the issuance and distribution of the electronic bill of lading.   

1. The registering organization shall preserve electronic records relating to the electronic bill of lading as well as the details of its issuance, transfer, modification and conversion to the written bill of lading for the term as prescribed below:   
2.    1. In case of a delivery of goods, 10 years from the date of delivery,
3.    2. In case a delivery of goods is not made, 10 years from the date at which the record of the electronic bill of lading was prepared,
4.    3. In case of a conversion to a written bill of lading, 10 years from the date at which an electronic register of the electronic bill of lading concerned is closed.

1. The registering organization, with the exception of cases stipulated by the statutes, shall not provide or use for non-operational purposes the users’ information or the information obtained in the course of operation.   

1. ① Users can claim compensation for damages caused by the registering organization’s operational negligence or mistake.   
2. ② The registering organization shall not be liable for damages caused by any of the following:   
3. ③ For damages occurring due to violation of the obligations stipulated in Paragraph 1 and 2 above, the user concerned shall be liable for the damages.   

1. ① Users can contribute opinions to the registering organization in case there are rightful opinions or complaints in relation to services.   
2. ② For notification of the results of Paragraph 1, the registering organizations’ Website and email shall be used.   

1. ① Legal suits on conflicts between the registering organization and users shall be filed at the relevant court as prescribed by the Civil Procedure Act.   
2. ② Legal suits raised between the registering organization and users shall be handled according to the related statutes of the Republic of Korea.   

1. Article 1 (Enforcement Date) These Terms and Conditions shall be put into effect as of February 8, 2010.