An article on how to safeguard cargo release using the correct type of bill of lading.. This article is based on a case study information received from one of the readers..
Maybe because it is one of the most important documents in global trade, there always seems to be a degree of uncertainty around a bill of lading and questions such as this..
Many people have doubts regarding which bill of lading to issue, how many to issue..
There are also questions such as what is a Telex Release, how it works and under what circumstances a Telex Release maybe issued..
In this particular post, I will cover the circumstances under which a Telex Release maybe issued and whether a telex release can be actioned on a negotiable bill of lading..