when l/c permits through b/l, will there be two bills or one bill to comply
with credits terms, also does through b/l allow two different modes of transport or only one(two ships).
through b/l
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mohd_kkilany
- Posts: 4
- Joined: Fri Apr 05, 2019 5:27 pm
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larryBacon
- Posts: 689
- Joined: Fri Apr 05, 2019 5:26 pm
through b/l
By definition, a through B/L covers the entire journey from start to finish. Therefore only one B/L should be submitted to comply with this condition.
Whether other modes of transport are permitted depends on the precise wording of the L/C in regard to the transport document permitted. There is insufficient information in your posting to determine this.
Laurence A. J. Bacon
Whether other modes of transport are permitted depends on the precise wording of the L/C in regard to the transport document permitted. There is insufficient information in your posting to determine this.
Laurence A. J. Bacon
through b/l
Theoretically a Through BL should cover the marine mode only because a BL is subject to either the Hague, the Hague Visby or the Hamburg Rules which cover only the marine mode.
If a Through BL covers also the land mode, then there is no rule to cover the land portion.
However, in practice, certain carriers and freight forwarders may abuse the use of a Through BL to cover sea and land mode. When the parties go to the court of law, they may have problems with the rights and obligations of the parties on the land portion.
A Multimodal Transport BL, such as the FIATA FBL, covers land, sea and air modes and is subject to the UNCTAD/ICC Rules for Multimodal Transport Documents (RMTD).
Although Article 26 (a) of the UCP 500 says multimodal transport must cover at lease two different modes of transport, in fact, according to Article 1 of above RMTD Rules, one mode may also be deemed to be multimodal transport.
The P&O "Bill of Lading for Multimodal Transport Shipment or Port-to-Port Shipment" uses Article 5 to cover port-to-port shipment and Article 6 to cover multimodal transport shipment.
To understtnad more on the difference amongst Straight BL, Through (Transport) BL and Multimodal Transport BL, please click on "Samples of Our Training Materials" in our website after finishing with DC PRO browsing.
We are from www.tolee.com
[edited 6/13/01 1:06:02 AM]
If a Through BL covers also the land mode, then there is no rule to cover the land portion.
However, in practice, certain carriers and freight forwarders may abuse the use of a Through BL to cover sea and land mode. When the parties go to the court of law, they may have problems with the rights and obligations of the parties on the land portion.
A Multimodal Transport BL, such as the FIATA FBL, covers land, sea and air modes and is subject to the UNCTAD/ICC Rules for Multimodal Transport Documents (RMTD).
Although Article 26 (a) of the UCP 500 says multimodal transport must cover at lease two different modes of transport, in fact, according to Article 1 of above RMTD Rules, one mode may also be deemed to be multimodal transport.
The P&O "Bill of Lading for Multimodal Transport Shipment or Port-to-Port Shipment" uses Article 5 to cover port-to-port shipment and Article 6 to cover multimodal transport shipment.
To understtnad more on the difference amongst Straight BL, Through (Transport) BL and Multimodal Transport BL, please click on "Samples of Our Training Materials" in our website after finishing with DC PRO browsing.
We are from www.tolee.com
[edited 6/13/01 1:06:02 AM]