L/C requires presentation of Multimodal Bill of Lading.
B/L presented by the beneficiary shows Place of Receipt Edmonton, Canada, and Port of Loading Vancouver, Canada.
In the body of the B/L it shows "on board rail MMDDYY at Edmonton, Canada" (B/L place of receipt).
Is the word "rail" after on board acceptable under UCP 600 ? (my understanding is that on board notation should include the name of the vessel and the port of loading stated in the L/C).
Any ICC opinion in this regard ?
Shahed
On board RAIL
On board RAIL
Shahed
My initial reaction is that the word on board after the word ‘rail’ is completely irrelevant.
As we all know an ‘on board’ notation can only relate to a vessel as opposed to any other form of transport. The credit requires a multimodal bill of lading and thus, if the start point for the journey is the inland rail terminal, then the date of the document determines the date of shipment.
If however the issuer has seen fit to add gravitas to this by stating that the goods were loaded on board rail at the place of receipt, then the only comment I would make would be to treat the date of this on board notation in the same manner that I would apply to air waybills that contained a specific notation of the date of shipment (e.g. a flight stamp) and therefore give priority to the on board date in determination of the shipment date.
I would not however look for any additional information in that notation.
Andy
My initial reaction is that the word on board after the word ‘rail’ is completely irrelevant.
As we all know an ‘on board’ notation can only relate to a vessel as opposed to any other form of transport. The credit requires a multimodal bill of lading and thus, if the start point for the journey is the inland rail terminal, then the date of the document determines the date of shipment.
If however the issuer has seen fit to add gravitas to this by stating that the goods were loaded on board rail at the place of receipt, then the only comment I would make would be to treat the date of this on board notation in the same manner that I would apply to air waybills that contained a specific notation of the date of shipment (e.g. a flight stamp) and therefore give priority to the on board date in determination of the shipment date.
I would not however look for any additional information in that notation.
Andy
On board RAIL
Hi Shahed
You may wish to refer to the ICC Recommendation Paper in respect of the requirements for an On Board Notation. Page 4 of the paper explains that a notation of ‘’on board’’ does not always equate to ‘shipped on board’ a vessel. The paper also refers to ICC Opinion TA.679 which seems similar to your case.
You may wish to refer to the ICC Recommendation Paper in respect of the requirements for an On Board Notation. Page 4 of the paper explains that a notation of ‘’on board’’ does not always equate to ‘shipped on board’ a vessel. The paper also refers to ICC Opinion TA.679 which seems similar to your case.
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GlennRansier
- Posts: 6
- Joined: Fri Apr 05, 2019 5:18 pm
On board RAIL
Multimodal transport documents, per UCP Art. 19 is supposed to cover "at least two different modes of transport". They must indicate that goods have ben "dispatched" or "taken in charge" or shipped on board". It appears that you've received what was required by the LC.