Who Should Endorse a Charter Party Bill of Lading? Introduction When a charter party bill of lading (CPBL) is issued “to order”, the question of who should endorse it can become less straightforward when the shipper is described as acting “on behalf of” another party. ISBP 821, paragraph G12, provides specific guidance on this issue, and ICC Banking Commission Opinion TA944rev further clarifies the acceptability of an endorsement by … Read More
Bill of Lading Blank Endorsed by the Shipper but Subsequently Endorsed by the Presenting Bank: Is It LC Compliant? Letters of credit frequently require a bill of lading (B/L) consigned “To order” and blank endorsed. But what happens if, after the shipper has blank endorsed the B/L, the presenting bank subsequently endorses it “To order of DEF Bank”? Is such an endorsement legally valid? More importantly, does the document still comply with the LC requirement? The following question explores … Read More
BILL OF LADING ENDORSEMENT QUERY LC không yêu cầu ký hậu vận đơn nhưng vận đơn xuất trình được ký hậu bởi người giao hàng. Vận đơn này có được chấp nhận hay không?—————————- ANSWER FROM MR. OLD MAN Chấp nhận. Nếu BL được phát hành theo lệnh hoặc theo lệnh của người giao hàng (shipper), nó phải được ký hậu bởi người giao … Read More