Presentation – Letter of Credit Documents

What are the documents commonly used in letter of credit transactions? Understanding the main characteristics and usage of the letter of credit documents.

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11. Charter Party Bill of Lading

  • Container transportation may not be suitable for some occasions such as bulk commodity trades and heavy lift/out of gauge movements. On these occasions, in which liner services could not be utilized, shippers may choose to hire a vessel as an alternative.
  • Hiring a vessel is called “Charter Party” in maritime terminology.
  • Transport document issued by the hiring party of the vessel, or charterer as we call them, is called “Charter Party Bill of Lading“.
  • Charter party bill of lading is covered under article 22 of the UCP 600.
  • For detailed information please visit our Charter Party Bill of Lading page
Charter Party Bill of Lading