Legal

Help, shipping line won’t pre-date or back date my bill of lading

by Categories Bill of Lading, Documentation, Legal, Letter of Credit, Opinion, Questions and Answers, Shipping Knowledge Tags , , , , 17 Comments Estimated reading time = 5 minutes
back dating bill of lading

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 sailing of the vessel (example : the vessel actually sails on the 2nd of March but shipper wants the line to show the shipped on board date on the bill of lading as 28th of February)..

Why would a shipper want his bill of lading to be pre-dated or back dated and why would a shipping line reject this request..??

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Letter of Indemnity – Dos and Don’ts

by Categories Bill of Lading, Documentation, Legal, Shipping Knowledge, Vessel Operation Tags , , 6 Comments Estimated reading time = 9 minutes
loi

Many of you might have heard the term Letter of Indemnity (LOI) in day to day shipping practice..

There have been several arguments, discussions, commercial threats, litigation etc surrounding this LOI..

But many still have doubts on what an LOI is, when it can and should be used, whether it is legally enforceable and whether it is worth the paper it is written on..

I will try to answer these questions in this article..

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