An onboard bill of lading is a document that recognises that goods have been received by a carrier or shipper’s agent and serves as a contract for their transportation. It signifies that the items were loaded into a ship, but it may also refer to goods put onto land vehicles in multimodal shipments. This document is significant since it functions as a receipt, contract, and document of title for the goods being transported.
An onboard bill of lading (B/L), also known as a shipped bill of lading, is a crucial document used in international shipping and trade. It serves as a receipt for the goods shipped, evidence of the contract of carriage, and a title document for the goods. The onboard bill of lading is issued by the carrier (such as a shipping line or freight forwarder) after the goods have been loaded onto the vessel and it indicates that the goods are on board and ready for transport.
An onboard bill of lading is a document that confirms receipt of goods by a carrier or shipper’s agent, as well as the contract for their transportation. It is issued by someone who is in the business of shipping or forwarding products. This document acknowledges the receipt of goods for shipping and specifies the details of the contract for the transportation of the goods agreed upon by the shipper and the shipowner.
For example, when a corporation sends a container of goods to another country, the shipping company will issue them an onboard bill of lading. This document confirms that the cargo have been put onto the ship and will be transported to the target country. The onboard bill of lading will also include details concerning the transportation contract, such as the delivery date and any fees or taxes.
In multimodal shipments, an onboard bill of lading may cover products loaded onto land vehicles as well. This means that if the container of goods is delivered by both ship and truck, the onboard bill of lading will reflect that the contents were loaded onto both types of vehicles.
An onboard bill of lading is a document issued by a carrier or its agent to acknowledge receipt of goods for shipment, indicating that they have been loaded onto the vessel.
An onboard bill of lading serves as evidence of the contract of carriage between the shipper and the carrier, and it also serves as a receipt for the goods shipped.
An onboard bill of lading typically includes details such as the names and addresses of the shipper and the consignee, a description of the goods being shipped, the quantity and weight of the goods, and any special instructions or conditions of carriage.
An onboard bill of lading differs from other types of bills of lading in that it specifically acknowledges that the goods have been loaded onto the vessel and are in transit.
The onboard bill of lading is typically issued by the carrier or its agent at the port of loading, after the goods have been loaded onto the vessel.
Discrepancies or errors in the onboard bill of lading should be addressed promptly to avoid any potential disputes or problems with the shipment. Corrections can usually be made through an amendment or a separate letter of indemnity.
In many cases, the onboard bill of lading is a negotiable document that can be transferred to another party, typically through endorsement or delivery.
If the onboard bill of lading is lost or misplaced, it can usually be replaced with a duplicate or a substitute document, provided certain procedures are followed and any necessary indemnities are provided.
Generally, the terms and conditions of carriage specified in the onboard bill of lading cannot be modified after issuance without the consent of all parties involved.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 4th April 2024.
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