Maritime container transportation is carried out by container ship operators, who produce negotiable bill of loading<\/a> or non-negotiable sea waybill<\/a> as transport documents.<\/p>\n Unlike container transportation, bulk cargo shipment requires special types of vessels and is not suitable for liner services.<\/p>\n As a result, bulk cargo transportation is carried out via hired vessels.\u00a0In maritime glossary, hiring a vessel is called “Charter Party”.<\/p>\n Charter Party Bill of Lading is the transport document of the shipments, which made via vessels subject to charter party contracts.<\/p>\n Charter party bill of lading is covered under article 22 of UCP 600.<\/p>\n A bill of lading, however named, containing an indication that it is subject to a charter party (charter party bill of lading), must appear to:<\/p>\n Any signature by the master, owner, charterer or agent must be identified as that of the master, owner, charterer or agent.<\/p>\n Any signature by an agent must indicate whether the agent has signed for or on behalf of the master, owner or charterer.<\/p>\n An agent signing for or on behalf of the owner or charterer must indicate the name of the owner or charterer.<\/p>\n 2.\u00a0indicate that the goods have been shipped on board a named vessel at the port of loading stated in the credit<\/p>\n 3. indicate shipment from the port of loading to the port of discharge stated in the credit. The port of discharge may also be shown as a range of ports or a geographical area, as stated in the credit.<\/p>\n 4. be the sole original charter party bill of lading or, if issued in more than one original, be the full set as indicated on the charter party bill of lading.<\/p>\n A bank will not examine charter party contracts, even if they are required to be presented by the terms of the credit. (source : UCP 600)<\/p>\n References:<\/strong><\/p>\n On this page I will try to explain you “Charter Party Bill of Lading” and its applications in letters of credit transactions. Charter Party Bill of Lading is one of the transport documents that is specifically governed by the letter<\/p>\n","protected":false},"author":1,"featured_media":1158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[160,150],"tags":[107,166,162],"class_list":["post-1148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charter-party-bill-of-lading","category-letter-of-credit-documents","tag-bill-of-lading","tag-charter-party-bill-of-lading","tag-letter-of-credit-documents"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/1148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/comments?post=1148"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/1148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/1158"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=1148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=1148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=1148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"sea](\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/sea-transportation-sub-groupes.png\")
<\/a><\/p>\n<\/a><\/p>\nHow to Use Charter Party Bill of Lading in Letters of Credit Transactions:<\/strong><\/h4>\n
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\n– the master or a named agent for or on behalf of the master, or
\n– the owner or a named agent for or on behalf of the owner, or
\n– the charterer or a named agent for or on behalf of the charterer.<\/li>\n<\/ol>\nSpecial Hints Regarding the Charter Party Bill of Lading From ISBP (International Standard Banking Practice):<\/strong><\/h4>\n
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