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Crowley TERMS AND CONDITIONS INTRODUCTORY PROVISIONS 1. APPLICABILITY OF BILL OF LADING. The following terms and conditions govern the contractual relationship between Carrier and Shipper with respect
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People Also Ask about
What is the purpose of bill of lading?
A Bill of Lading is a legal document that has a few important functions in shipping and logistics. It is firstly a contract between the shipper, carrier and consignee stating what goods are being shipped, where the shipment is coming from and where it's headed to.
What is the Marine bill of lading?
A receipt for the cargo and a contract for transportation between a shipper and the ocean carrier. It may also be used as instrument of ownership (negotiable bill of lading) which can be bought, sold or traded while the goods are in transit.
Who is responsible for bill of lading?
A BOL can created by the carrier or the shipper, but the document should be initiated out by the party that is booking the freight shipment if possible. For example, if a third party is requesting a pickup from a specific shipper, the third-party representative is responsible for creating the bill.
What is the difference between MBL and HBL?
What is the difference between a Bill of Lading and a Master Bill of Lading? An NVOCC operator or a Freight Forwarder will issue a House Bill of Lading (HBL) to their customers, while a Master Bill of Lading (MBL) is provided by the Shipping Line (Carrier) to the NVOCC Operator or Freight Forwarder.
What are the legal requirements for a bill of lading?
Legal Requirements of the Bill of Lading Name of the consignor. Name of the consignee. Origin name and address. Destination name and address.
Is a bill of lading a legal contract between the buyer and the seller?
A bill of lading (BoL) is a legal document that describes what's being shipped between a shipper and a logistics company, how much of it there is and where it's going. It also proves you own or control the goods described. The BoL, which needs to be signed by both parties, travels with the cargo.
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