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Comingling clause in Tanker B/L's
Posted: Thu Jan 12, 2006 12:00 am
by MichaelaVrijhoefLems
Under a presentation a Tanker B/L with a comingling clause was presented. Usually in the letters of credit allowing Tanker B/L's a phrase in the credit is allowing the so called comingling clause. In this particular case not. My question is : What in the UCP or usances/practice will make a presentation of a Tanker B/L with such a clause discrepant?
Comingling clause in Tanker B/L's
Posted: Thu Jan 12, 2006 12:00 am
by NigelHolt
Hennie,
What is a 'commingling clause'?
Jeremy
Comingling clause in Tanker B/L's
Posted: Thu Jan 12, 2006 12:00 am
by MichaelaVrijhoefLems
Jeremy,
"B/L's are evidencing: total comingled quantity: xxxxxx mt, commingling with xxxx with same specification shipped with this consignment account other buyers"
Kind regards,
Hennie
Comingling clause in Tanker B/L's
Posted: Thu Jan 12, 2006 12:00 am
by NigelHolt
Hennie,
In my opinion the answer to your question is: 'Nothing'.
Sub-Art 32(a) is certainly of no relevance whatsoever.
Jeremy