Bill of Lading


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bill of lading

(in foreign trade) a document containing full particulars of goods shipped or for shipment
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Bill of Lading

 

a document containing conditions of a maritime shipping contract. It is used mostly in foreign trade.

The bill of lading is issued by the shipper to the sender after the cargo is received for shipping; it serves as a proof of receipt of the cargo and confirms that the contract has been concluded. The bill of lading is a document of title to goods and gives its holder the right to dispose of the cargo.

The types of bills of lading include the straight bill of lading, in which a certain consignee is mentioned and the transfer is accomplished by an endorsement or in another manner as established by the rules for the transfer of an active debt; the order bill of lading (issued to the shipper’s or consignee’s order), in which case the transfer is also accomplished by an endorsement; and the bill of lading made out to bearer (if transferred by actual delivery to the new holder of the bill of lading).

In the USSR, the procedure for drawing up the bill of lading and its essential elements are established by the Maritime Code of the USSR.


Bill of Lading

 

(1) Commodity bill of lading—an original bookkeeping document for the registration of shipping and receiving of valuable commodities. The bill of lading contains the name of the issuing agency; the registry number and date; the names of sender and recipient; quantity, grade, and price information; shipping authorization; and receipt forms specifying the individuals actually responsible for shipping and receiving.

(2) Transportation bill of lading—in the USSR, a basic transport document (nakladnaia) that accompanies freight shipped by rail, inland waterway, air, or motor vehicle. The bill of lading is used to register and verify the shipping agreement and is presented by the freight dispatcher to the transporter along with the freight. In accordance with the law, it is drawn up in the name of a specific recipient and is signed by the dispatcher. The bill of lading accompanies the freight throughout transit and is surrendered to the recipient at the destination with the freight. The bill of lading must be submitted with any claim or suit regarding shortage of goods or any spoilage or damage resulting from transport.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
A big difference, however, is that the law requires a for-hire carrier to issue the bill of lading. By giving the signed copy to the consignor and taking charge of the shipment, the carrier is holding itself liable to the consignor in case of loss or damage due to its own negligence.
However, where a bill of lading is issued under a charter party, the Hamburg Rules apply to such a bill of lading if it governs the relations between the carrier and the holder of the bill of lading and if the latter is not the charterer (art.
The shipping carrier issues the Bill of Lading upon the shipper's request and in accordance with the information provided to him from the shipper, which is stated in the Shipping Order.
If terms in your insured's bill of lading are contradictory to terms in other contracts that your insured has signed, your insured may be exposed to significant liability, explained Moore, who urges NBIS agents to print out a one-page summary of the Exel case and actually hand it to their clients.
The principle that a separate, domestic bill of lading must be issued for the Carmack Amendment to apply to the inland portion of an international, multimodal carriage of goods has its roots in Reider v.
It says that since maritime law is extremely comprehensive it is "reasonable to suppose that a term appears in a bill of lading principally because it benefits the carrier."
"The fact that maritime law will apply throughout any carriage which is under an intermodal bill of lading is a good thing, as we no longer have to guess whether land law or marine law applies, which should ultimately reduce litigation," he said.
Origin-Government Bills of Lading or Indicia Mail); (3) revise and relocate FAR Clause 52.242-12 (Report of Shipment) to FAR 52.247-68; (4) revise FAR 47.001 by adding definitions of "bill of lading," "commercial bill of lading," and "government bill of lading," "government rate tenders," "household goods," "non-contiguous domestic trade," and "release/declared value;" (5) require the use of commercial bills of lading for domestic shipments; (6) revise FAR Part 47 to make it clear that government rate tenders can be used in certain situations for the transportation of household goods by rail carrier, as well as by motor carriers, water carrier, and freight forwarder; and (7) make other conforming and editorial changes to FAR Part 47 and related clauses.
Title of contractually identified goods, therefore, passes from seller to buyer at a time and place specifically agreed upon by both parties, at the time of physical delivery of the goods at shipment or destination, at the time of physical delivery of the documents of title (normally a warehouse receipt or bill of lading), or at time of contracting.
The steamship company gives the party a bill of lading, which is a receipt and a contract governing how goods are transported.
The primary use by the Port Authority of Jamaica will be to prevent the smuggling of weapons, explosives, drugs and other contraband and to provide a comprehensive inspection to confirm the cargo is as listed on the bill of lading. A goal of the Port Authority is to use the Eagle and other security equipment that they are purchasing to support Jamaica's certification under the U.S.