Global trade rebounded in Q1 2021, increasing by about 10% YoY and 4% QoQ. It is expected to further rebound in Q2 and projected to grow by 16%. However the … Read more..
How many original bills of lading must I surrender to get release of cargo..?? This question popped up on my comments and emails quite a few times since the beginning … Read more..
There have been several questions about the “liability of a shipper on a bill of lading”.. As we have discussed, any one can be a shipper on the bill of … Read more..
A case study on the obligations of a shipping line in terms of clauses/notations to be mentioned in a bill of lading.. Based on a real life question from a … Read more..
Why does a shipping line or agent check or have to check a Bill of Lading against customs documents.. What are they checking for and what should they be checking … Read more..
A Bill of Lading (B/L) is one of the most commonly used commercial documents in the history of shipping and freight.. This document is issued in one form or the … Read more..
In one my previous articles, I explained the Difference between Demurrage and Detention.. After reading this, a few of my readers have asked me to explain the causes of demurrage and … Read more..
The Electronic Cargo Tracking Note (ECTN), also known as Bordereau de Suivi Cargaison (BSC) and other names depending on the country, is an official marine document that contains information relating … Read more..
If you are in the shipping and freight industry, you would have no doubt heard about a Delivery Order.. This article explains in detail all about a Delivery Order – … Read more..
Global trade volume in 2019 was 11.08 billion tons amounting to around $19 trillion in value.. Seaborne trade accounts for around 90% of global trade.. Currently, various cargoes are transported … Read more..
In cases where an original bill of lading is lost, there are several steps that need to be taken to carry on business and secure release without an original.. I … Read more..
By definition, “A Delivery Order is a release document issued by the carrier releasing the cargo to the consignee mentioned in the bill of lading” It is issued by the carrier … Read more..
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 … Read more..
DCSA has published data and process standards for the submission of shipping instructions and issuance of the bill of lading (B/L). DCSA B/L standards are aligned with the UN/CEFACT (United Nations … Read more..
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 … Read more..