Intermediate Course on Shipping Documentation - Bills of Lading

Course details

Bill of Lading is an important document used in international transactions. Preparation and issuing of this document is complex, with legal implications for the carrier issuing it. Sellers utilise this document to control the release of the goods vis-à-vis receipt of payment for the goods shipped.

Course Outline  

Role of Bills of Lading in International Trade  

• Fulfilment of Sales Contract    
• Payment Security 
• Types of Carriage Contracts  
• How the sale contract influences and affects the carriage contracts 
• Major functions of Bills of Lading 

The Bills of Lading as a Receipt  

•    Apparent good order & condition 
•    Clean & Claused Bills of Lading 
•    "Said to Contain" Clause/Quantity/Weight 
•    Date - Shipped Onboard / Received for Shipment

The Bills of Lading as Evidence of Contract of Carriage  

• Why evidence of contract of carriage? 
• Who is the legal carrier? 
• Types of Carriage 
• Importance of International Regulations 
• Combined and Through Transport Bills of Lading   The Bills of Lading as a Document of Title  
• What is a negotiable document?    
• The rule as to delivery of cargo 
• Letters of indemnity    
• Why sea waybill? 
• Switch Bills of Lading

Course Methodology     

The course will be conducted through highly interactive lectures, group discussions, in-class exercises, legal case studies, slide presentations and tests.

Target Participants     

Executive and documentation staff of shipping lines, shippers/traders, carriers, logistics service providers and financial institutions