b If an agent signs the charter party bill of lading on behalf of the master

B if an agent signs the charter party bill of lading

This preview shows page 22 - 24 out of 36 pages.

b. If an agent signs the charter party bill of lading on behalf of the master (captain), charterer or owner, the agent must be identified as agent of the master (captain), charterer or owner. In this event, the name of the master (captain) need not be stated, but the name of the charterer or owner must appear. On Board Notations 119. If a pre-printed “Shipped on board” charter party bill of lading is presented, its issuance date will be deemed to be the date of shipment unless it bears an on board notation, in which event the date of the on board notation will be deemed to be the date of shipment whether or not the on board date is before or after the issuance date of the document. 120. “Shipped in apparent good order”, “Laden on board”, “clean on board” or other phrases incorporating words such as “shipped” or “on board” have the same effect as “Shipped on board”. Ports of Loading and Ports of Discharge 121. If a credit gives a geographical area or range of ports of loading or discharge (e.g., “Any European Port”), the charter party bill of lading must indicate the actual port or ports of loading, which must be within the geographical area or range indicated but may show the geographical area or range of ports as the port of discharge.
Image of page 22
Consignee, Order Party, Shipper and Endorsement, Notify Party 122. If a credit requires a charter party bill of lading to show that the goods are consigned to a named party, e.g., “consigned to Bank X” (a “straight” bill of lading), rather than “to order” or “to order of Bank X”, the charter party bill of lading must not contain words such as “to order” or “to order of” that precede the name of that named party, whether typed or pre-printed. Likewise, if a credit requires the goods to be consigned “to order” or “to order of” a named party, the charter party bill of lading must not show that the goods are consigned straight to the named party. 123. If a charter party bill of lading is issued to order or to order of the shipper, it must be endorsed by the shipper. An endorsement indicating that it is made for or on behalf of the shipper is acceptable. 124. If a credit does not state a notify party, the respective field on the charter party bill of lading may be left blank or completed in any manner. Partial Shipment 125. If a credit prohibits partial shipments, and more than one set of original charter party bills of lading are presented covering shipment from one or more ports of loading (as specifically allowed, or within the geographical area or range stated in the credit), such documents are acceptable, provided that they cover the shipment of goods on the same vessel and same journey and are destined for the same port of discharge, range of ports or geographical area. In the event that more than one set of charter party bills of lading are presented and incorporate different dates of shipment, the latest of these dates of shipment will be taken for the calculation of any presentation period and must fall on or before the latest shipment date specified in the credit. Shipment on
Image of page 23
Image of page 24

You've reached the end of your free preview.

Want to read all 36 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes