How to Determine Date of Shipment on a Bill of Lading?
Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine
whether shipment made on...
How to Determine Date of Shipment on a Charter Party Bill of Lading?
Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine
whether shipment made on...
What Does “Made Out to the Order of” Mean in a Bill of Lading?
Majority of the letters of credits are asking for a bill of lading which must be issued made out to the order of the...
Air Waybill
On this page I will try to explain you air waybill and its applications in letters of credit transactions.
Issuing banks mention air transport document...
What are the differences between received for shipment bill of lading and pre-printed shipped...
There are two types of bills of lading circulating around the globe in terms of pre-printed notifications:
Received for shipment bills of lading: Goods...
Parties on a Bill of Lading: Shipper, Consignee, Notify Party and Carrier
Bill of lading is a transport document covering the carriage of goods by sea.
It is possible to find four different parties on a typical...
FIATA FBL (Negotiable FIATA Multimodal Transport Bill of Lading)
On this post, I will explain Negotiable FIATA Multimodal Transport Bill of Lading, a transport document, only issued by freight forwarders, whom are the...
Consignee of a Bill of Lading
What Does Consignee Mean?
Consignee means a person entitled to delivery of the goods under a contract of carriage indicated on a bill of lading.
Consignee...
What Does Full Set of Bills of Lading Mean?
Under an ordinary letter of credit, the issuing bank demands a full set of clean shipped on board ocean bills of lading from the...
Multimodal Bill of Lading
Multimodal transportation is the movement of one unit load from origin to destination by several methods or transportation under one document without breaking up the unit...