The Freight Bill of Lading (BOL) is a fundamental document in maritime trade, essential for both domestic and international shipping operations under Indian jurisdiction. It is required whenever goods are transported by sea, serving as evidence of the contract between the shipper and carrier. The document must comply with the Indian Carriage of Goods by Sea Act, 1925, and related maritime legislation, making it legally enforceable in Indian courts. A Freight BOL includes crucial information such as shipment details, cargo specifications, parties involved, and terms of carriage. It is particularly important in international trade finance, as banks often require it for letter of credit transactions. The document's transferable nature allows for the sale of goods while in transit, facilitating complex international trade operations.
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1. Header Information: BOL number, date, and document identification details
2. Shipper Details: Complete name and address of the shipper/exporter
3. Consignee Details: Complete name and address of the consignee/receiver
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 discharge
6. Cargo Details: Description of goods, quantity, weight, measurement, marks and numbers
7. Freight and Charges: Details of freight charges, whether prepaid or collect, and other applicable charges
8. Standard Terms and Conditions: General terms governing the carriage, liability, jurisdiction, and other legal aspects
9. Signatures and Stamps: Space for authorized signatures, company stamps, and date of issuance
1. Special Instructions: Used when specific handling, temperature control, or other special requirements apply to the shipment
2. Dangerous Goods Declaration: Required when shipping hazardous materials, including IMO class and UN number
3. Container Details: Added when shipping containerized cargo, including container numbers and seal numbers
4. Transshipment Details: Included when cargo requires transshipment at intermediate ports
5. Letter of Credit Reference: When shipment is under LC, including relevant banking details and LC number
1. Packing List: Detailed list of items shipped, including individual weights and measurements
2. Container Manifest: Detailed list of containers with their numbers and contents
3. Special Handling Instructions: Detailed instructions for specific cargo handling requirements
4. Temperature Recording Log: For temperature-controlled shipments, showing temperature maintenance records
5. Survey Report: When pre-shipment survey is required, containing condition and quantity verification
Relevant legal definitions
Clauses
Relevant Industries
Maritime and Shipping
International Trade
Logistics and Transportation
Manufacturing
Import/Export
Retail
Agriculture
Mining and Resources
Automotive
Chemical and Pharmaceuticals
Textiles
Electronics and Technology
Relevant Teams
Logistics
Shipping Operations
Documentation
Export
Import
Supply Chain
Legal
Trade Finance
Commercial Operations
Customs Compliance
Port Operations
Relevant Roles
Shipping Manager
Logistics Coordinator
Export Manager
Import Manager
Trade Finance Manager
Supply Chain Director
Documentation Specialist
Customs Compliance Officer
Port Operations Manager
Freight Forwarding Manager
Maritime Law Specialist
Trade Documentation Officer
Shipping Line Representative
Commercial Operations Manager
International Trade Specialist
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