In-person: Bills of Lading

INTRODUCTION

Bills of Lading are the most important documents in world trade, including shipping of every kind. Understanding the commercial and legal considerations are vital to successful shipping and transportation of cargoes. All players involved with Bills of Lading, including shipowners, charterers, brokers, agents, lawyers and bankers need to have a firm grasp of the complexities involved in careful use of these essential documents. 

Bills of Lading is a practical course which covers in detail the obligations of owners and other carriers, charterers and other shippers, agents and bankers.

This workshop will provide a comprehensive knowledge of bills of lading. During these two days, participants will explore the issues and complexities of bills of lading and learn how they function, what purpose they serve and their implications for the shipping of company-specific goods. Various international regulations will be discussed, including Hague and Hague-Visby Rules, Hamburg Rules, Rotterdam Rules, UCP 500 & 600 and  ISBP.

Through a combination of theory, discussion, practical examples and exercises, gain a comprehensive understanding of the fundamentals involved in the careful creation and use of these crucial documents.

 KEY LEARNING OUTCOMES: 

• Understand the types of bill of lading and the commercial, technical and financial obligations of owners, other carriers and charterers 
• Discuss carriers’ charter or liner obligations and know who is responsible for what 
• Know the relevance of Hague / Hague-Visby / Hamburg / Rotterdam Rules and the advantages and disadvantages of each 
• Appreciate the role of port agents and their vital functions and obligations

WHO SHOULD ATTEND:

• Shipowners 
• Charterers including Importers, Exporters and Traders
• Ship Managers
• Port and ship agents 
• Shipbrokers
• Freight forwarders 
• Legal advisers 
• Government bodies and representatives 
• Bankers

COURSE AGENDA:

Day 1 

Introduction to Bills of Lading

• Commercial and legal functions of a B/L – as a receipt, document of title, transferable contract of carriage
• Common “labels” for B/L; 
• Relationship between B/L and sale contract

Similar documents

• Waybills
• Delivery Orders 
• Mate’s Receipts 
• Electronic Title

The Hague, Hague-Visby, Hamburg and Rotterdam Rules

• Overview and their application
• Rights and Obligations of parties 
• Paramount clauses

Enforcement of Bills of Lading – Practical Concerns

• Identifying the Contractual Carrier
• Identifying the party entitled to sue and be sued 
• Identifying incorporated C/P terms 
• Fraudulent Bs/L

Day 2 

Common carriage responsibilities under Bills of Lading

• The “STARSIN” 
• Letters of Indemnity

Bills of Lading – Issue and Corrections

• Procedures for Issuing B/L 
• Switched B/L 
• Problems created by error in B/L
•  Correction or Substitution of a B/L

Letters of Credit

• UCP 500 v UCP 600 
• INCOTERMS 2000 v 2010 v 2020

Which is the governing contract of carriage ?

• Liner Booking Note v Charter Party 
• Effect of Charter Party terms on Bs/L
• Examples supplied by delegates for discussion

CERTIFICATION:

On successful completion of this training course, a 16 CPD Credit IBH Certificate will be awarded to the delegates 

COURSE FEE:

BESPOKE SOLUTIONS & OTHER QUESTIONS:

Contact Us To Discuss Running This Course for Yourself or Your Organisation: T:+44 (0) 207 183 4507 | E. office@ibhouse.net