The Ad Valorem Bill of Lading is a specialized shipping document used when there is a need to explicitly declare the value of goods being transported, particularly in high-value shipments or when required by letters of credit. Operating under Swiss jurisdiction, this document incorporates provisions from the Swiss Code of Obligations and international maritime conventions, making it suitable for cross-border transactions. The Ad Valorem Bill of Lading serves multiple functions: it acts as a receipt confirming the carrier's possession of goods, provides evidence of the contract of carriage, and serves as a document of title enabling the transfer of ownership. It is particularly crucial in international trade finance, insurance arrangements, and situations where precise value declaration is necessary for customs or commercial purposes.
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1. Header Information: Contains the carrier's name, logo, B/L number, and document title
2. Shipper Details: Full name and address of the shipper/exporter
3. Consignee Information: Full name and address of the consignee or 'To Order' designation
4. Notify Party: Details of the party to be notified upon arrival of goods
5. Vessel and Voyage Details: Vessel name, voyage number, port of loading, and port of discharge
6. Goods Description: Detailed description of the goods, including quantity, weight, and measurements
7. Declared Value: The stated value of goods for ad valorem purposes
8. Marks and Numbers: Container numbers, seal numbers, and shipping marks
9. Freight and Charges: Details of freight charges, whether prepaid or collect
10. Number of Original B/Ls: Statement of how many original bills have been issued
11. Date and Place of Issue: When and where the B/L was issued
12. Carrier's Terms and Conditions: Standard terms governing the shipment and liability
13. Signature Block: Space for authorized signature and date
1. Special Instructions: Used when specific handling or delivery instructions are required
2. Insurance Declaration: Include when insurance details need to be specified on the B/L
3. Dangerous Goods Declaration: Required when shipping hazardous materials
4. Temperature Requirements: Include for temperature-sensitive cargo
5. Letter of Credit Reference: When the shipment is under a letter of credit
6. Clean Bill Statement: Explicit statement of cargo condition, used when required by letter of credit
7. Transshipment Clause: Include when goods may be transshipped during transit
1. Cargo Manifest: Detailed list of all cargo covered by the B/L
2. Container Packing List: Detailed list of contents per container if multiple containers
3. Rate Schedule: Breakdown of freight rates and additional charges
4. Special Handling Instructions: Detailed instructions for specific cargo requirements
5. Custom Declarations: Required customs documentation and declarations
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