The High Court has issued an important judgment clarifying that ordinarily an owner is not liable to pay damages to a charterer if it collects freight due under its bills of lading even where no sums are due under a time charterparty.
MSC is officially introducing the electronic bill of lading (eBL) for its customers around the world, following a successful pilot phase, using a solution on an independent blockchain platform WAVE BL.
First release of DCSA’s eDocumentation initiative establishes data and process standards for bill of lading preparation and issuance
The supply chain industry has been rocked by the outbreak of the coronavirus, which is being handled with extreme efforts from the Chinese government.
The Rotterdam Rules are expected to bring a major change in the working practices, interpretation and ease of operation in the shipping trade. Find out how the Rotterdam Rules will redefine and introduce the electronic bill of lading.
PIL, collaborates with IBM Singapore in another blockchain trial to design and create an electronic bill of lading which will significantly enhance the documentation process in supply chain management.
A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreement between shippers, charterers and carriers.
The master of the ship needs to keep several important points in mind before signing the bill of lading. Find out about the precautions to be taken before signing the bill of lading.