Staffordshire University Law School Gary Gueye The Bill of Lading is a fundamental piece in the jigsaw that is export trade Introduction I. Different types of the Bill of Lading a) Straight Bill of Lading b) Order Bill of Lading c) Bearer Bill of Lading d) Switch Bill of Lading 2 3 3 3 3 3 II. Functions of the Bill of Lading a) Bill of Lading as a receipt b) Bill of Lading as a document of title c) Bill of Lading as an evidence of a contract of carriage d) Bill of Lading as a contract
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WORLD MARITIME UNIVERSITY SPM235 MARITIME AND COMMERCIAL LAW Random number: 445211 20 August 2012 Prof. Patrick Donner Word count: 1940 (excluding cover page‚ table of contents and reference list) I. Introduction The ideal of harmonization and uniformity has always proved to be particularly important factor of maritime law due to the character of maritime industry’s transaction has historically been perceived as somewhat international trade and international law. However
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Intro to Transportation March 20‚ 2013 Page 1 of 1 Assignment #5 New Brunswick Power turbine As it does not clarify in the readings exactly what the terms of shipment assigned were for the agreement between Siemens and NB Power‚ I have assumed that the agreement would have specified that Siemens specified that the contract was governed by Incoterms 2010 CFR- St John‚ New Brunswick‚ Canada. All responsibility for risk of loss or damage‚ as well as additional transportation costs now transfer
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Background In every business have many competitors in the markets. Every organization would like to gain on a market share. For the strategic plan of my future career‚ I would like to operate my family business. Petlina & Korab explain that “Family business is a company owned and controlled by the family or selected members thereof on the assumption that the company will be handed over to the next generation in future” (2015‚ p.36). It was opened by my father and was opened for more than twenty
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Bulk Grain Cargo Process of cleaning holds 1.Hold Cleaning – it can be done by a shovel or a swept clean. The stevedores at the discharge port should swept the holds before completion of the discharge to minimize the remaining residues. Hold Cleaning 2.Hold Washing Down – once sweeping and cargo residues are removed‚ the next task is to wash down the hatch cover and holds with saltwater. Hold Washing down 3.Use of chemicals - the use of prewash is to protect the paint coating of holds
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charge. When the seller’s assistance is required in making the contract with the carrier the seller may act at the buyers risk and expense. This term can be also used across all modes of transport. CPT (Carriage Paid To): The seller pays the shipping for the carriage of goods to the named destination. The risk of loss or damage to the goods occurring after the delivery has been made to the carrier is transferred from the seller to the buyer. This term requires the seller to clear the goods for
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NATIONAL LOGISTICS MANAGEMENT (Provide services to expedite premium freight to its customers!) Introduction: In less than two decades National Logistics Management has already become one of the most successful and fast growing logistics companies of the USA. Despite increasing competition in logistics‚ NLM continues to adapt itself to the changing environment. Suffice to state just one fact: two years in a row ( in 2004 and 2005 respectively) - two reputable and well-known magazines- Inc. magazine
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at the time. In establishing the condition and the quantity of the goods at the start of the defendant’s period of responsibility‚ the claimant will be able to rely on the common law and statutory rules that governs the effect of the statements in shipping documents‚ such as bill of lading. As to this case there are no information about the about the period when the wine were transported‚ date when the contract has taken place and delivery terms‚ no information about how the cargo was stowed and also
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Voyage Charter Clauses. 1-Both-to-Blame Collision Clause (Definitions) a-When two vessels collide‚ they become liable to each other proportionately for the total damage. The vessel with the lesser damage may impose upon the cargo being carried to contribute to the amount to be paid to the other vessel. The "Both to Blame Collision Clause" in the cargo policy provides that in such event‚ the cargo policy will cover such contribution. See "Collision Clause" and "Cross Liabilities." [refrences:
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RULES GOVERNING SHIPMENT BY SEA: HAGUE RULES‚ HAGUE-VISBY RULES AND HAMBURG RULES The nature of the Hague-Visby Rules was discussed by the House of Lords in The Hollandia [1983] AC 565 (HL). The plaintiffs (shippers) shipped a piece of road-finishing machinery on board a Dutch vessel‚ ‘The Morviken’‚ belonging to the defendant carriers to Bonaire in the Dutch West Indies. The bill of lading issued in England limited the carriers liability to Dutch Florins 1‚250 ($250) which was less than the 10
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