If a negotiable bill of lading is lost, stolen, or destroyed, a few measures can be taken:
1. Image for lost billPlace an advertisement in the local press about the “loss” or “nullification” of the original bill… more

In the world of shipping, there are many many jargons, but there is one term that that revs up exporters and importers alike and that is GRI.. More so currently in 2020.
GRI stands for General Rate Increase and has several implications in the trade and can impact quite heavily on business… more

Hazardous cargo or Dangerous Goods (DG) refers to:
1. substances, materials and articles that are classified in the International Maritime Dangerous Goods (IMDG Code) as goods that are of a flammable, corrosive, poisonous nature or other properties… more

A Liner Service is a service that operates within the parameters of a sailing schedule, with a fixed port rotation and published dates of calls at advertised ports.

A sailing schedule has a list of ships that operate in that service, its voyage number for each call, the ETA and ETD dates and the ports of calls.

Due to various reasons, a liner service operator might decide to cancel the call of a vessel at a certain port or certain region, or the entire leg… more

A Bill of Lading has 3 basic purposes or roles

1. Evidence of Contract of Carriage
2. Receipt of Goods and
3. Document of Title to the goods

There are also different types of bill of lading all of which perform 1 or 2 or 3 of the above roles.

Ocean Bill of Lading : is a bill of lading issued by the shipping line/carrier to their customer after the payment of all charges and submission of all customs/port documents relevant to that country… more