Bill of lading lost

Bill of lading lost

Lost Bill of Lading Requirements and Procedures

This article is informational and describes requirements if ever found in an unpleasant situation, such as misplacement or loss of the most important document in the shipping industry. As the title suggests, the procedures and requirements surrounding a lost Bill of Lading are both very complex and detailed.

Bill of lading lost

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due to the fact that the original set has been lost I-we hereby agree and undertake toindemnify you and each of you from all consequences of so doing, and I-we undertake to hold you and each of you harmless and indemnified against any claims, liability, losses, costs, charges, fine damages and expenses (including any kind of legal expense) arisingfrom in consequence of or in any way connected to anybody claiming delivery of the goods as owner or assignee or as the holder of any Bill of Lading originally issued for these goods.

Bill of lading lost

Lost Bill Of Lading

When it comes to international trade, an original bill of lading is one of the most important documents for shippers and consignees. Issued by a carrier, it specifies consignment title and is used to guarantee receipt of goods for importers and payment for exporters. Sometimes abbreviated as B-L or BoL, a bill of lading is a legal document that additionally catalogues contract terms and conditions for the sale and purchase of merchandise.

Bill of lading lost

How to obtain a duplicate BL, if original bill of lading lost.

BL lost in courier transit, how to get a new bill of lading. How to reconstruct a missed bill of lading? What are the Procedures to get new Bill of Lading? BL mutilated how to get a duplicate bill of lading in lieu of original bill of lading?

Bill of lading lost

What happens if original bill of lading lost?

If an importer lost BL, just check with shipper how many negotiable and non-negotiable BL shipper or exporter has with him, they may have additional. You can ask them to send it to you if extra is available. But if shipment is already reached destination you may have to pay demurrage or detention charges while keeping goods at destination port warehouse. Shipper can request Shipping line-Forwarder to re-issue BL or in case of urgency he may ask shipping line- forwarder to surrender it with Imporeter at destination, which I think is possiblle with certain formalities. 

Bill of lading lost

TT Talk – Loss of original bills of lading and requests for issuance of replacement bills

In the previous two editions, we have talked about situations where there has been a request to change bills of lading. Now we turn to the third and final one: where a negotiable bill of lading is said to have been lost before the shipment is ready for delivery. The shippers or alleged transferees of the original bill may urge the carriers to issue a duplicate set of bills of lading for the purpose of taking delivery. Since a negotiable bill of lading is a document of title, such requests must be handled with great care.

Lost Bills of lading

Delivering cargo without production of the original bill of lading may lead to claims for mis-delivery and may result in a loss of a member’s P&I cover. The club strongly advises members considering delivering cargo without a bill of lading, or against a damaged bill, to contact the club before doing so.
 
This article intends to provide general guidance on the issues arising. It is not intended to provide legal advice in relation to any specific query. The law is also not static. If in doubt, The Standard Club is always on hand to assist.

Bill of lading lost

Top 5 issues of cargo shippers and carriers regarding the Bill of Lading

Today each Bill of Lading has to be printed out on paper and then sent via express parcel delivery companies such as UPS, Fedex, etc. This is extremely time and money consuming, as the average express courier costs are above USD 100 for each B-L.