Bill of ladingBill of lading

Receipt for goods, stating its Receipt for goods, stating its quantity, qualityquantity, quality

Negotiable documentNegotiable document Evidence of contract between Evidence of contract between

shipper and carrier.shipper and carrier. Think twice before doing anything Think twice before doing anything

about bill of ladingabout bill of lading

Bill of ladingBill of lading

Must have all the details from mates Must have all the details from mates receipt.receipt.

Mates receipt and B/L must have Mates receipt and B/L must have remarks of same wording.remarks of same wording.

Use unambiguous remarks, consult Use unambiguous remarks, consult P&I if in doubt.P&I if in doubt.

Never accept letter of indemnity.Never accept letter of indemnity.

What is in a bill of ladingWhat is in a bill of lading Shippers name and address.Shippers name and address. Consignee’s name and address or to Consignee’s name and address or to

order, notify party: addressorder, notify party: address Loading port, date, vessel name, Loading port, date, vessel name,

discharge port.discharge port. Cargo details: weight volumeCargo details: weight volume Cargo conditionCargo condition Number of original bill of ladings issuedNumber of original bill of ladings issued Signature of carrier/master/agent.Signature of carrier/master/agent.

Sea WaybillSea Waybill

Same function as bill of lading, but it Same function as bill of lading, but it is non-negotiable.is non-negotiable.

Cannot be to order.Cannot be to order. Cannot be used where letter of Cannot be used where letter of

credit is involved.credit is involved. Used in short trades where, vessel Used in short trades where, vessel

arrives before B/L has arrived.arrives before B/L has arrived. Used where there is trust between Used where there is trust between

buyer and seller.buyer and seller.

Deck cargoDeck cargo

On shippers entire risk. ( but you On shippers entire risk. ( but you must take all precautions)must take all precautions)

Make statement on face of B/L: for Make statement on face of B/L: for knowledge of third party (risk) when knowledge of third party (risk) when buying goods.buying goods.

Never put under deck cargo on deck. Never put under deck cargo on deck. (P&I will not cover)(P&I will not cover)

Containers on dedicated ships as Containers on dedicated ships as under deck cargo, but on non under deck cargo, but on non dedicated ships as on deck cargo.dedicated ships as on deck cargo.

Bills of lading Q & ABills of lading Q & A

Damaged cargo presented for loadingDamaged cargo presented for loading If ship and shore loading figures differIf ship and shore loading figures differ If a charterer’s bill of lading has to be usedIf a charterer’s bill of lading has to be used If the number of original bills shown on bill If the number of original bills shown on bill

is not the same as number of negotiable billsis not the same as number of negotiable bills If bill written in foreign languageIf bill written in foreign language If asked to sign blank or incomplete b/l other If asked to sign blank or incomplete b/l other

than in ( early departure procedure)than in ( early departure procedure)

Bills of lading Q&ABills of lading Q&A

If asked to re-issue bills of ladingIf asked to re-issue bills of lading If asked to sign pre-date or post-dateIf asked to sign pre-date or post-date If delivery of cargo is requested If delivery of cargo is requested

without presentation of relevant bill of without presentation of relevant bill of ladinglading

If two parties present original bills of If two parties present original bills of ladinglading

If goods are unclaimed at the If goods are unclaimed at the discharge port.discharge port.