Das neue musik Forum!! » d on the bill of lading is from

If you are just about to sign a bill of lading or you already are a bill of lading signatory in your organisation Wholesale Mecole Hardman Jersey , then you definitely have to read this..

This article references bill of lading as it applies to containerised trades and not to other trades..

Before we go to the main part of the article, here is a refresher to those who may still be unclear about the purpose and roles of a bill of lading..

A bill of lading has 3 basic purposes or roles (in no particular order of importance)

Many people think that

a bill of lading is a Contract between the Seller and the Buyer
a bill of lading is a Contract of Carriage between the Carrier and聽Shipper

Both notions are incorrect..

The contract between a buyer and seller was already established when the buyer placed the order with the seller and they both discussed and agreed (verbally or in writing) the what, where Wholesale Tyrann Mathieu Jersey , when, how and how much of the transaction in detail..

The contract between a shipper and the carrier was already established when the shipper or his agent made a booking with the carrier (shipping line) to carry the cargo from A to B..

The BL is the聽EVIDENCE聽of the contract of carriage entered into between the “Carrier” and the “Shipper or Cargo Owner” in order to carry out the transportation of the cargo as per the sales contract between the buyer and the seller.

A BL is issued by the carrier or their agent to the shipper or their agent in exchange for the receipt of the cargo.. The issuance of the BL is proof that the carrier has received the goods from the shipper or their agent in apparent good order and condition, as handed over by the shipper.

It means that the goods may be transferred to the holder of the聽BL聽which then gives the holder of the BL Wholesale Frank Clark Jersey , the rights to claim the goods or further transfer it to someone else..

In my聽previous article, I also discussed that a bill of lading may be issued as a

Straight Bill of Lading
Negotiable Bill of Lading or a
Sea Way Bill of Lading

If the bill of lading is issued as a Straight Bill of Lading or a Negotiable Bill of Lading, then it would be issued with one or many original bills of lading with an original signature..

Over the years there have been several different types of bills of lading聽(Ahmet Aytoğan from Turkey actually collects the various types bills of lading) used in the different trades such as container Cheap Armani Watts Jersey ,聽bulk, break-bulk, tankers etc etc Cheap Dorian O'Daniel Jersey , but as mentioned above, the points in this article are about containerised shipments..

There are several technicalities to be considered before signing a bill of lading and if you are the bill of lading signatory, here are 8 points that you need to be aware of.

Why is this important..??

When I mean stationery Cheap Derrick Nnadi Jersey , I mean the pre-printed bill of lading form that shows the logo of the carrier issuing the bill of lading (sample of Hapag Lloyd Bill shown here) and the various聽parts of a bill of lading containing the details of the shipment on Page 2 and the Carrier’s terms and conditions on Page 1 (yes the Terms and Conditions page is Page 1)..

These terms and conditions are approved by the carrier, by regulatory authorities, by insurance companies Cheap Breeland Speaks Jersey , by government authorities etc..

As shipping is a dynamic business there may be changes in the details required or in the terms and conditions of the bill of lading from time to time..

Some of the carrier’s bills of lading may not be registered with say for example FMC and therefore cannot be used for shipments to USA and if you do issue this bill of lading, then you as a carrier may have problems filing the manifest in USA..

Some of the carrier’s bills of lading have specific sequence numbers for security reasons and if the incorrect stationery is used, it may impact on the carrier’s liability and applicability of the terms and conditions..

So the issuing authority – whether it is the Master of the ship or the agent of the carrier must always ensure that the stationery used is correct and is the latest version of the document..

If you are issuing an Original Bill of Lading Cheap Tanoh Kpassagnon Jersey , then you need to ensure that the bill of lading issued is not a聽short formblank back bill of lading..

Any original bill of lading issued must have the terms and conditions not just to protect the carrier, but also to convey the terms, conditions and liabilities to the merchant..

Why is this important..??

While it is not the business of the carrier to figure out if the shipper is consigning the goods to the correct consignee Cheap Chris Conley Jersey , the signatory must check that at least the consignee or notify mentioned on the bill of lading is from the same country as the destination..

There are several countries like Ethiopia, Brazil etc where the consignee or notify must be based in Ethiopia or Brazil as per their regulations..

If the bill of lading is issued without this check, there is a possibility that the manifest submission at POD may be delayed which could also affect the berthing and operation of the ship on the whole..