Importance of Bill of Lading Title: Ocean or Marine Bill of Lading
Issuing banks often require an ocean bill of lading or a marine bill of lading under letters of credit as a transport document.
The question...
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...
How to Determine Date of Shipment on a Multimodal 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...
Amount of Cargo Insurance Coverage Example under an L/C Payment
The purpose of taking out insurance is to receive compensation in case the goods do not arrive or are damaged.
Therefore, the policy holder must...
How to Determine Date of Shipment on a Road Transport Document?
Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine
whether shipment made on...
L/C Demands a B/L Stating That All Original B/Ls Must be Surrendered
A negotiable bill of lading is a bill of lading where the consignee’s name is preceded by the words “to order,” thus allowing the...
How to Determine Date of Shipment on a Sea Waybill?
Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine
whether shipment made on...
Which is the Best Cargo Insurance Type That Should be Selected Against Non-Delivery Risks?
Institute Cargo Clause A (All risks), Institute Cargo Clause B and Institute Cargo Clause C are the main types of cargo insurance types used...