Pre-Dating or Back Dating is when the shipper requests the shipping line to show the Shipped on Board date on the bill of lading as a date before the actual … Read more here..
Many a time, shippers have asked shipping lines for “CLEAN ON BOARD” clause on a bill of lading and if the request relates to a container shipment, this might have … Read more here..
Standard Chartered announced the successful completion of the first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain, in partnership with Asian Development Bank (ADB), Bank … Read more here..
Many of you would have come across the term Letter of Credit (L/C).. If you are a shipping line, you would have heard this term from various customers asking you … Read more here..
To the casual onlooker, signing a bill of lading may be a routine, day to day mundane job done by many people across the world.. But the fact is that … Read more here..
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 here..
Shipped on Board Date and Bill of Lading date – can these two dates be different.. What are the implications if they are same or different..?? Go to full article … Read more here..
A Notify Party is one of the many parties involved in a shipment reflected in a Bill of Lading, forming an import part of the documentary process.. This article discusses … Read more here..
A shipped on board date is an important date on a bill of lading, especially where a Letter of Credit is involved.. Should the Shipped on Board stamp be signed … Read more here..
A reader asked me a question about letter of credit and trade finance timelines.. With a letter of credit. What sort of timings are usually connected to when the payment … Read more here..
There is a perception in the industry that the use of a House Bill of Lading is dangerous.. Let us explore that topic here and see if there is any … Read more here..
Do banks verify if cargo is actually loaded on a ship..?? Shippers who deal with documentary credit know that the term Shipped on Board carries quite a bit of weight … Read more here..
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 here..
When answering my last post Question regarding cargo under Letter of Credit, I mentioned that part bills could be a solution for two shipments in a same container where part … Read more here..