9. Bill of Lading
- Bill of lading is a transport documents used in sea shipments.
- A bill of lading is an instrument in writing, signed by a carrier or his agent, describing the freight so as to identify it, stating the name of the consignor. The terms of the contract for carriage, and agreeing or directing that the freight be delivered to the order or assigns of a specified person at a specified place.
- Bills of lading fulfill three basic functions :
- bills of lading are receipts for the goods;
- bills of lading evidence the terms of the contract of carriage
- they are said to be “negotiable documents of title”
- For detailed information please visit our Bill of Lading page.
