Search found 8 matches

by KBalasubramanian
Mon Jan 21, 2013 12:00 am
Forum: UCP 600
Topic: Reason for existance of Art.30 c
Replies: 3
Views: 2542

Reason for existance of Art.30 c

Hi, Thank you so much for your reply. I too agree that actual charges can vary than what was agreed earlier between the buyer and seller but still my doubt is: the actuals can vary even if partial shipments are effected. When this being the case why does Art.30 c requires quantity to be shipped in f...
by KBalasubramanian
Sun Jan 20, 2013 12:00 am
Forum: UCP 600
Topic: Article 38 j.
Replies: 8
Views: 6064

Article 38 j.

Sorry coming bank on this query after several months :) A transferring bank's role is similar to that of an issuing bank and not the advising bank. Here the 1st beneficiary who is the bank's customer will become the applicant of the transferred credit and the 2nd beneficiary is comparable to any ben...
by KBalasubramanian
Fri Jan 18, 2013 12:00 am
Forum: UCP 600
Topic: Reason for existance of Art.30 c
Replies: 3
Views: 2542

Reason for existance of Art.30 c

I request someone to help me understand the reason for existance of Art.30 c of UCP 600. Is it applicable only when: 1. Credit prohibits partial shipment? 2. Quantity is stated in the credit and that quantity is shipped in full even when stated in quantities like Metric Tons etc? 3. Unit price if st...
by KBalasubramanian
Thu Nov 11, 2010 12:00 am
Forum: UCP 600
Topic: Bill of lading
Replies: 7
Views: 4385

Bill of lading

Hello,

I believe we can accept if stated within the same box as the agent is intending to act on behalf of the carrier.
by KBalasubramanian
Thu Nov 11, 2010 12:00 am
Forum: General
Topic: Transhipment
Replies: 2
Views: 2078

Transhipment

Dear All,

Appreciate your assistance.

regards/thanks,
Karthik
by KBalasubramanian
Tue Nov 09, 2010 12:00 am
Forum: General
Topic: should FCR be signed?
Replies: 5
Views: 3160

should FCR be signed?

Many thanks All for your comments.

Regards/thanks,
Karthik
by KBalasubramanian
Tue Nov 09, 2010 12:00 am
Forum: General
Topic: Transhipment
Replies: 2
Views: 2078

Transhipment

Hello All, Have 2 questions pertaining to transhipments. a. Is there a difference in "transhipment" between Multimodal transportation and shipment on road/rail/inlandwaterways. In case of multimodal transportation by their very nature transhipment will occur & also art. 19(b) of UCP 60...
by KBalasubramanian
Mon Nov 08, 2010 12:00 am
Forum: General
Topic: should FCR be signed?
Replies: 5
Views: 3160

should FCR be signed?

Greetings All! Kindly clarify if Forwarder's Cargo REceipt need to be signed. It is not a transport document covered by articles 19-25 of UCP 600. It is a document acknowledging receipt of goods & not a "certificate" where signature is mandatory. So in my humble opinion signature is no...