Document background
The Final Bill of Lading is a fundamental document in maritime trade, essential for international shipping operations conducted under Saudi Arabian jurisdiction. This document is issued by the carrier to the shipper once goods are loaded onto the vessel, replacing any provisional documentation such as a Booking Note or Mate's Receipt. The Final Bill of Lading must comply with Saudi maritime law, including the Saudi Commercial Maritime Law and relevant international conventions recognized by the Kingdom. It contains crucial information such as cargo details, shipping terms, and parties involved in the transaction. The document's three main functions - serving as a receipt for goods, evidencing the contract of carriage, and acting as a document of title - make it indispensable for international trade transactions, customs clearance, and securing payment through banking channels.
