Monday, September 23, 2019

Shipper of a Bill of Lading

What Does the Shipper Mean? Shipper means a person that enters into a contract of carriage with a carrier. Shipper also known as consignor. In most cases...

What are the Differences Between Consignee and Shipper Fields of Bills of Lading?

Bill of lading is a transport document covering the carriage of goods by sea. Consignee means a person entitled to take delivery of the goods...

What Happens if Letter of Credit is Silent in Regards to the Period of...

Documents must be presented to the nominated banks within allowed time frame under letters of credit payments. Otherwise issuing banks or confirming banks raise late...

Stale Bill of Lading

According to the letters of credit rules a presentation consists of a transport document should be presented to the nominated bank within 21 days...

Letter of Credit Condition: Bill of Lading with Multiple Notify Party

Letter of credit, in a broad perspective, is one of the payment methods in international trade. Bill of lading is a transport document covering the...

What are the Differences Between Consignee and Notify Party Fields of Bills of Lading?

Bill of lading is a transport document covering the carriage of goods by sea. Consignee means a person entitled to take delivery of the goods...

Notify Party of a Bill of Lading

What Does Notify Party Mean? Notify party means a person that should be notified by the carrier along with the consignee when the shipment arrives...

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...

How to Complete a Bill of Lading under a Letter of Credit Payment?

Bill of lading is a transport document covering the carriage of goods by sea. Letters of credit rules define 4 different types of bills of...
Shipper, Consignee, Notify Party and Carrier

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...
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