The Kings New York Bill of Lading is a legal document that serves as a contract between the shipper, carrier, and receiver of goods. It outlines the terms and conditions of the transportation and acts as a receipt for the goods being shipped. The document contains vital information such as the origin and destination of the goods, the nature of the cargo, the quantity, and the agreed-upon delivery terms. Kings New York provides various types of Bill of Ladings to cater to different shipping needs. Some popular types include: 1. Straight Bill of Lading: This is the most common type of Bill of Lading used in straightforward shipments, where the goods are being transported directly from the shipper to the recipient, without any transshipment or stopovers. 2. Order Bill of Lading: This type allows the goods to be transferred to a different party at the destination. It grants the holder of the Bill of Lading the right to take possession of the goods upon presentation. 3. Negotiable Bill of Lading: Similar to an Order Bill of Lading, this type allows the document to be traded or transferred to different parties. It serves as proof of ownership and enables the goods to be delivered to the holder of the Bill of Lading, even if they are not the original shipper or consignee. 4. Clean Bill of Lading: This is issued when the goods being shipped are in apparent good condition and without any damage or discrepancies. 5. Caused Bill of Lading: In contrast to a clean Bill of Lading, this type contains notations or clauses that specify any damages, irregularities, or discrepancies in the goods being shipped. These clauses serve as an indication to the receiver about the condition of the goods upon arrival. Kings New York takes pride in providing accurate and detailed Bill of Ladings that comply with international shipping standards. With their diverse range of Bill of Lading types, they ensure that each shipment is accurately documented and tracked, providing transparency and security throughout the transportation process.
Kings New York Bill of Lading
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U.S. law restricts public access to bill of lading records to only those shipped via vessel; some countries have broader access, but in this paper, we will largely focus on the strengths and weaknesses of U.S. data. In addition, shipment values are missing from BoL data.
Bill of Lading Clauses DEFINITIONS. CARRIER'S TARIFF. The terms and conditions of the Carrier's applicable Tariff are incorporated herein.WARRANTY.SUB-CONTRACTING AND INDEMNITY.CARRIER'S RESPONSIBILITY.CARRIER'S RESPONSIBILITY.SUNDRY LIABILITY PROVISIONS. SHIPPER-PACKED CONTAINERS.
Three common characteristics of a bill of lading are that (a) it constitutes a receipt for the goods shipped or received by the carrier, (b) it constitutes a document of title for such goods3 and (c) it contains or evidences the contract of carriage by sea relating to the goods.
A Bill of Lading has 3 basic functions or roles as below (in no particular order).. Evidence of Contract of Carriage.Receipt of Goods.Document of Title to the goods.
What is a bill of lading? a document issued by a carrier acknowledging that specified goods have been received as cargo for carriage to a named place for delivery to the consignee who is usually identified. This document does not provide a guarantee that the cargo will be loaded on the intended vessel.
Governing Law for Bills of Lading Depending on where the goods are transported, a bill of lading is governed by either or both: The Federal Bills of Lading Act (Federal Act) (49 U.S.C. §§ 80101 - 80116) (see Federal Bills of Lading Act).
A bill of lading has three main purposes. First, it is a document of title to the goods described in the bill of lading. Secondly, it is a receipt for the shipped products. Finally, the bill of lading represents the agreed terms and conditions for the transportation of the goods.
House Bill of Lading: Issued by the freight forwarder or non-vessel operating common carrier (NVOCC). Here, the consignor is the seller/exporter and the consignee is the receiver/buyer. Master Bill of Lading: Issued by the shipping line or carrier and is also known as the ocean or carrier BOL.
The bill of lading is a legally binding document that provides the carrier and shipper with all of the necessary details to accurately process a shipment. 1 It has three main functions. First, it is a document of title to the goods described in the bill of lading. Secondly, it is a receipt for the shipped products.