Bill Of Lading Is Negotiable And A Document Of Title

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saikumar1208
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Bill Of Lading Is Negotiable And A Document Of Title

Post by saikumar1208 » Fri Sep 15, 2017 11:11 pm

As per UCP Bill of Lading is negotiable and a document of title. A Non- negotiable seaway bill is a non- negotiable by the name itself. How ever if a seaway bill is issued to the order then it will become a negotiable document and will posses equal workability with that of BL. So can a Sea way bill be used in place of BL if it is issued to the order. Please provide your comments

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picant
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Re: Negotiable and document of title

Post by picant » Sat Sep 16, 2017 12:19 am

Hi Pal,

a seawaybill issued to the order is a normal bill of lading!
In my view.

cristiand969
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Re: Negotiable and document of title

Post by cristiand969 » Sun Sep 17, 2017 1:55 am

HI Sai kumar Chintakuntla
Surprinsigly, UCP600 does not talk about a Bill 0f lading being as a negotiable document or a document of title. In practice a straight consigned B.L is not negotiable
So may I ask you where did you get this information from?
Thx

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