Tag: Negotiable Bill of Lading
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...
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...
Sea Waybill (Non-Negotiable Bill of Lading)
Transport documents can be classified under two main groups: Negotiable transport documents and non-negotiable transport documents.
Bill of lading has always been a negotiable transport...