Transshipment

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FaisalFahim
Posts: 5
Joined: Mon Jun 12, 2017 1:37 am
First Name: Faisal
Last Name: Fahim
Organization: Mashreq Bank
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Transshipment

by FaisalFahim » Wed Mar 14, 2018 3:20 am

Q.1> Port of Loading Kolata.
Port of Dest. Jebal Ali

Transhipment Prohibited

If carrier stops at mumbai airport unload and reload, does this create Discrepancy ? if not then why.



Q.2> if nothing is mention in Credit regarding Draft, then it can be issued on behalf of beneficiary by agent of bene ?

Fajar
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First Name: Fajar
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Re: Transshipment

by Fajar » Wed Mar 14, 2018 1:48 pm

1. valid Discrepancy, refer to ucp 600 article 23b

For the purpose of this article, transhipment means unloading from one aircraft and reloading to another aircraft during the carriage from the airport of departure to the airport of destination stated in the credit.

2. No, refer to ISBP 745 clause B8,

A Draft is to be drawn and signed by the beneficiary and to indicate a date of issuance

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