Search found 6 matches

by GPadhi
Thu Oct 06, 2016 1:00 am
Forum: UCP 600
Topic: various origins and partial shipments
Replies: 3
Views: 3103

various origins and partial shipments

No, it's not required. If partial shipment is allowed, either X or Y or both country of origin will fulfill the given condition.

Regards
Ganesh
by GPadhi
Thu Jan 08, 2015 12:00 am
Forum: UCP 600
Topic: issuer of B/L
Replies: 3
Views: 2992

issuer of B/L

It's not a discrepancy. LC calls for "full set B/Ls ............ signed by the shipping company or its agent" thru 46A. The requirement "charter party B/Ls are acceptable" in 47A is "in lieu" of the requirement in 46A. However, when a CP B/L is presented, it must be che...
by GPadhi
Thu Nov 13, 2014 12:00 am
Forum: General
Topic: Endorsement in a "to order" Insurance Document
Replies: 1
Views: 1767

Endorsement in a "to order" Insurance Document

Request Opinion on the below case LC calls for an Insurance Policy or Certificate in negotiable form and endorsed in blank Insurance Document presented shows "ASSURED - TO THE ORDER" without any mention of Applicant or Beneficiary name anywhere in the document. In this case who can endorse...
by GPadhi
Thu Aug 01, 2013 1:00 am
Forum: General
Topic: Incoterm
Replies: 2
Views: 2448

Incoterm

Letter of Credit issued in June 2013 is silent with regard to the Incoterm. Beneficiary Presented invoice showing Incoterms FOB 1990. In my opinion above is not a discrepancy as LC is silent on the Incoterms. Any comments from the members
by GPadhi
Sat Jun 08, 2013 1:00 am
Forum: General
Topic: ISBP
Replies: 8
Views: 5777

ISBP

Yes, they are. Though not wide as they will be now.
by GPadhi
Fri Jun 07, 2013 1:00 am
Forum: General
Topic: ISBP
Replies: 8
Views: 5777

ISBP

ISBP 745 release date is 20th June 2013. However, there's no implementation date as these are "practices" not "rules or guidelines". In one sense, the implementation date can be "1st July 2007", the day UCP600 came into effect, as these practices are there since then. [...