The Ad Valorem Bill of Lading is a crucial document in international shipping where declaring the value of goods is essential for legal, insurance, or commercial purposes. Used primarily for high-value shipments or when specific value declaration is required by letters of credit or insurance policies, this document type provides enhanced protection under German law through explicit value declaration. Operating within the framework of the German Commercial Code (Handelsgesetzbuch) and international maritime conventions, it differs from standard bills of lading by including the declared value of goods, which affects carrier liability limits and insurance coverage. The document is particularly relevant for shipments requiring special handling, valuable cargo, or when specific customs requirements necessitate value declaration.
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1. Bill of Lading Number: Unique identifier for the bill of lading
2. Carrier Details: Full name and address of the carrier/shipping line
3. Shipper Details: Full name and address of the shipper/exporter
4. Consignee Details: Full name and address of the consignee/receiver
5. Notify Party: Details of the party to be notified upon arrival
6. Vessel and Voyage Details: Vessel name, voyage number, and port details
7. Cargo Details: Description of goods, including quantity, weight, and measurements
8. Declared Value: Specific section stating the declared value of goods for customs and liability purposes
9. Freight and Charges: Details of shipping costs, charges, and payment terms
10. Terms and Conditions: Standard trading conditions and liability clauses
11. Signatures and Date: Space for authorized signatures and dating of the document
1. Special Instructions: Used when specific handling or delivery instructions are required
2. Temperature Requirements: Include for temperature-sensitive cargo requiring specific conditions
3. Insurance Declaration: Optional section for declaring additional insurance coverage
4. Dangerous Goods Declaration: Required when shipping hazardous materials
5. Container Details: Used when goods are shipped in containers, including container numbers and seals
6. Letter of Credit Reference: Include when shipment is under a letter of credit
1. Cargo Manifest: Detailed list of all goods being shipped, including specific quantities and descriptions
2. Packing List: Detailed breakdown of how goods are packed and distributed
3. Container Manifest: List of containers with their numbers and contents when applicable
4. Value Declaration Certificate: Detailed breakdown of declared values for insurance and customs purposes
5. Special Handling Instructions: Detailed instructions for specific cargo handling requirements
Authors
Relevant legal definitions
Clauses
Relevant Industries
Maritime Transport
International Trade
Logistics
Banking and Finance
Insurance
Manufacturing
Retail
Agriculture
Mining
Chemical Industry
Automotive
Electronics
Pharmaceuticals
Textile Industry
Relevant Teams
Logistics
Supply Chain
International Trade
Documentation
Legal
Risk Management
Commercial Operations
Trade Finance
Shipping Operations
Customs Compliance
Export Control
Marine Insurance
Relevant Roles
Logistics Manager
Shipping Coordinator
Trade Finance Manager
Customs Compliance Officer
Export Manager
Import Manager
Supply Chain Director
Documentation Specialist
Marine Insurance Underwriter
Trade Operations Manager
Freight Forwarding Manager
Legal Counsel
Risk Management Officer
Commercial Operations Manager
Global Trade Compliance Manager
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