{"id":981,"date":"2018-03-06T16:46:45","date_gmt":"2018-03-06T21:46:45","guid":{"rendered":"http:\/\/www.letterofcredit.biz\/?p=981"},"modified":"2019-04-07T04:30:31","modified_gmt":"2019-04-07T08:30:31","slug":"multimodal-bill-of-lading-discrepancies","status":"publish","type":"post","link":"https:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/06\/multimodal-bill-of-lading-discrepancies\/","title":{"rendered":"Multimodal Bill of Lading Discrepancies"},"content":{"rendered":"<p>Multimodal transportation is the movement of one unit load\u00a0from origin to destination by several methods or transportation\u00a0under one document without breaking up the unit load.<\/p>\n<p>The development of container traffic has made this possible,\u00a0as containers can travel from end to end without being\u00a0opened\/unloaded\/reloaded during the course of the journey.<\/p>\n<p>The advantage for those who make use of multimodal transportation is that they have one document\u00a0only for the whole operation and that the operator is legally responsible for a satisfactory\u00a0overall performance by his own staff and by the agents or branches that he is employing.(1)<\/p>\n<p>Multimodal bill of lading is the transport document that covers at least two different modes of transport.<\/p>\n<p>On this page you can find most common discrepancies related to the multimodal bills of lading under the letters of credit transaction.<\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_sm td_default_btn td_btn_md\"><strong>Multimodal Bill of Lading Discrepancies<\/strong><\/span><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/02\/28\/transport-route-not-as-per-letter-of-credit-discrepancy\/\">Transport Route Not Per Letter of Credit<\/a><\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/01\/multimodal-bill-of-lading-late-shipment-discrepancy\/\">Late Shipment<\/a><\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/02\/consignee-different-than-letter-of-credit-discrepancy\/\">Consignee Different Than Letter of Credit<\/a><\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/03\/notify-different-than-letter-of-credit-discrepancy\/\">Notify Different Than Letter of Credit<\/a><\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/03\/description-of-goods-on-the-multimodal-bill-of-lading-is-inconsistent-discrepancy\/\">Description of Goods Inconsistent with Other Documents<\/a><\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/05\/place-of-receipt-different-than-the-letter-of-credit-discrepancy\/\">Place of Receipt Different than the Letter of Credit<\/a><\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/06\/multimodal-bill-of-lading-does-not-cover-at-least-two-different-modes-of-transport-discrepancy\/\">Multimodal Bill of Lading Does Not Cover At Least Two Different Modes of Transport<\/a><\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/06\/unclean-multimodal-bill-of-lading-presented-discrepancy\/\">Unclean Multimodal Bill of Lading Presented<\/a><\/li>\n<\/ul>\n<h4><strong>Important Definitions Regarding the Multimodal Bill of Lading under Latest Letter of Credit Rules:<\/strong><\/h4>\n<ul>\n<li>According to latest UCP 600 letter of credit rules a multimodal bill of lading should not bear any indication that it is subject to charter party.<\/li>\n<li>All original multimodal bills of lading printed by the carrier must be presented to the bank by the beneficiaries.<\/li>\n<li>It is hard to prevent a transshipment in a multimodal transportation as a result even letter of credit prohibits transshipment multimodal bill of lading can state \u2018Transshipment may\/will take place.&#8221;<\/li>\n<li>Multimodal bill of lading should be regarded as a negotiable transport document like a bill of lading if the last mode of shipment in the entire journey is completed by sea transportation.<\/li>\n<li>More than one notify parties could be stated in a multimodal bill of lading.<\/li>\n<li>\u2018To Order\u2019 or \u2018To the order of shipper\u2019 means that multimodal bill of lading should be endorsed by the shipper as per letter of credit instructions.<\/li>\n<\/ul>\n<h4><strong>References:<\/strong><\/h4>\n<ol>\n<li><a href=\"http:\/\/www.undp.org\/content\/dam\/undp\/documents\/procurement\/documents\/UNDP-Shipping-Guide.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Shipping and\u00a0Incoterms,\u00a0Practice Guide,\u00a0UNDP Practice Series, Page: 6<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Multimodal transportation is the movement of one unit load\u00a0from origin to destination by several methods or transportation\u00a0under one document without breaking up the unit load. The development of container traffic has made this possible,\u00a0as containers can travel from end to<\/p>\n","protected":false},"author":1,"featured_media":989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83,85],"tags":[84,144,145],"class_list":["post-981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-letter-of-credit-discrepancies","category-multimodal-bill-of-lading-discrepancies","tag-letter-of-credit-discrepancies","tag-multimodal-bill-of-lading","tag-multimodal-bill-of-lading-discrepancy"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/981","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=981"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/989"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}