{"id":5133,"date":"2019-02-26T12:43:31","date_gmt":"2019-02-26T17:43:31","guid":{"rendered":"https:\/\/www.letterofcredit.biz\/?p=5133"},"modified":"2019-04-06T03:04:12","modified_gmt":"2019-04-06T07:04:12","slug":"how-to-determine-date-of-shipment-on-a-charter-party-bill-of-lading","status":"publish","type":"post","link":"https:\/\/www.letterofcredit.biz\/index.php\/2019\/02\/26\/how-to-determine-date-of-shipment-on-a-charter-party-bill-of-lading\/","title":{"rendered":"How to Determine Date of Shipment on a Charter Party Bill of Lading?"},"content":{"rendered":"<p><a href=\"https:\/\/www.letterofcredit.biz\/index.php\/2018\/07\/10\/date-of-shipment\/\">Date of shipment<\/a> is one of the key definitions in a letter of credit transaction. It is used to determine<\/p>\n<ul>\n<li>whether shipment made on time or not (in other words a late shipment has been effected or not)<\/li>\n<li>whether documents presented within the presentation period or not (in other words a late presentation has been effected or not)<\/li>\n<li>maturity date of the time draft<\/li>\n<li>maturity date of a deferred payment letter of credit.<\/li>\n<\/ul>\n<p>Date of shipment can be determined in two ways on a <a href=\"https:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/07\/charter-party-bill-of-lading\/\">Charter Party Bill of Lading<\/a>.<\/p>\n<ul>\n<li>In the first scenario we will face a situation where Charter Party Bill of Lading does not contain any date of shipped on board notation.<\/li>\n<li>In the second scenario we will be having a Charter Party Bill of Lading which contains a dated <a href=\"https:\/\/www.letterofcredit.biz\/index.php\/2018\/06\/09\/clean-on-board-notation-on-bills-of-lading\/\">shipped on board notation<\/a>.<\/li>\n<\/ul>\n<p><span style=\"color: #ff6600;\"><strong>Option 1 =&gt;<\/strong><\/span> <span style=\"text-decoration: underline;\">There is no shipped on board notation exists on the Charter Party Bill of Lading:<\/span><\/p>\n<ul>\n<li>The date of issuance of the Charter Party Bill of Lading will be deemed to be the date of shipment.<\/li>\n<\/ul>\n<p><strong><span style=\"color: #ff6600;\">Option 2=&gt; <\/span><\/strong><span style=\"text-decoration: underline;\">Charter Party Bill of Lading indicates, by stamp or notation, a date of shipped on board:<\/span> Notation date will be deemed to be the date of shipment as specified below:<\/p>\n<ul>\n<li>Date of shipped on board notation\/stamp =&gt; this date will be deemed to be the date of shipment<\/li>\n<\/ul>\n<p><strong>Example:<\/strong> On the below figure you can see a shipped on board notation which is located on the bottom of a Charter Party Bill of Lading.<\/p>\n<p>As there is a dated on board notation exist on the Charter Party Bill of Lading, date of shipment will be deemed to be this shipped on board notation date which is 30.December.2012.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-5137\" src=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/date-of-shipment-charter-party-bill-of-lading.png\" alt=\"charter party bill of lading date of shipment\" width=\"613\" height=\"182\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/date-of-shipment-charter-party-bill-of-lading.png 613w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/date-of-shipment-charter-party-bill-of-lading-300x89.png 300w\" sizes=\"(max-width: 613px) 100vw, 613px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine whether shipment made on time or not (in other words a late shipment has been effected or not) whether documents<\/p>\n","protected":false},"author":1,"featured_media":5139,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[160,209,22,150],"tags":[166,269],"class_list":["post-5133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charter-party-bill-of-lading","category-how-to-work-with-a-letter-of-credit","category-basics","category-letter-of-credit-documents","tag-charter-party-bill-of-lading","tag-date-of-shipment"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/5133","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=5133"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/5133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/5139"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=5133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=5133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=5133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}