Ad Valorem Bills of Lading
Many a times, cargo interests request the Shipping Agents / Carriers to mention the value of the cargo in the body of the Bill of Lading. Often this request is passed to us so that we could comment on the…
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Maritime insights and claims intelligence from Singapore
Read MoreAd Valorem Bills of Lading
Connecting Carrier Agreement – to sign or not to sign
Non Vessel Ocean Common Carrier (“NVO”) have been in the Asian Region for quite some time. They initially were focused in niche trades (ISC – ME Trade, Inter Asian Trade) and are now involved in almost all trades. Frequently,as is…
Inspection DO for cargoes loaded in containers
We have come across many requests made by the consignee that they would wish to inspect the cargo inside the container prior to taking delivery. For this, the consignee would take the appropriate permission from the custom authorities to conduct…
Release of cargo against a Letter of Indemnity / Bank Guarantee:
Bills of Lading are issued by the Carrier (Ocean Carrier, Shipping Line, Freight Forwarder, etc) on receipt of goods from the consignor / shipper and perform the following functions: Receipt Evidence of contract of carriage Negotiable document of title (Sea…