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      • Rule 32 – Definitions
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      • Rule 36 : Signals to attract attention
      • Rule 37 – Distress signals
    • Part E- Exemptions (Rule 38)
      • Rule 38 – Exemptions
    • Part F – Verification of compliance with the provisions of the Convention
      • Rule 39 – Definitions
      • Rule 40 – Application
      • Rule 41 – Verification of compliance
    • Annexes
      • Annex 1 – Positioning and technical details of lights and shapes
      • ANNEX II – Additional Signals for Fishing Vessels Fishing in Close Proximity
      • ANNEX III – Technical Details of Sound Signal Appliances
      • ANNEX IV – Distress Signals
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Maritime – What is a Bill of Lading (B/L)?

Bill of Lading

Bill of Lading A Bill of Lading is a receipt for goods either received (before shipment) or shipped on board.Is a good evidence of the existence of a contract between the shipper and carrier. It is not a true contract since only one party signs it. Is a document of title, signifying that the holder has the legal right to possession of the goods it describes. Right to possession is different from the right to ownership, which is determined by the terms of the sale contract. May, depending on how Bill of Lading is made out, be negotiable i.e. transferable to a third party so as to … [Read more...]

By Cult of Sea Filed Under: Cargo Work Tagged With: bill, bill of lading, bill of lading form, bill of lading meaning, billoflading, cargo, contract, lading, mate reciept

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