Delivery of cargo without bills of lading
It is common in a lot of trades to accept a Letter of Indemnity ("LOI") for non-production of bills of lading. Although it is commonly accepted in many trades, the consequences of non-performance can be extremely serious for Members. Members are therefore reminded to be vigilant and cautious with regard to the practice of accepting LOIs for non-production of bills of lading. The above publication is a reminder of some of the risks and pitfalls with this practice.
30520 - UK_Bills_LOI_2017_NEW_THIS 1 MB
You may also be interested in:
There has been a change in ownership of the E-TITLE electronic trading system and its underlying legal framework to software technology firm, R3; There has been a change in trading name of the E-TITLE electronic trading system to Corda eBL; Members are invited to take note of how the Corda eBL software will operate.
EssDOCS, Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A
Crew Health Advice: Leprosy
Hansen's disease, commonly known as 'Leprosy', is an infection caused by Mycobacterium Leprae or M