multiple shipped on board notation

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dholat
Posts: 69
Joined: Sun Oct 05, 2008 10:01 pm

multiple shipped on board notation

Post by dholat » Sat Dec 27, 2008 9:23 pm

Pals,

require your insight on this issue,
If a bill of lading has more than one “shipped on board” notation, which one is to consider as the shipped on board date?

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picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

ISBP 681

Post by picant » Sun Dec 28, 2008 6:05 am

Hi Pals,

as per point 43 e ISBP 681, in one bill of lading with many "on Board" notations , the firs one is considered date of shipment. different is the case of many bills of lading for goods carried on the same vessel, same voyage and same destination(for that not considered partial shipment) in which the last "on board" date is considered shipment date as per art 31 b UCP 600:

That's all folks.

Ciao

cristiand969
Posts: 754
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First Name: Cristian
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That wouldn't be all folks....

Post by cristiand969 » Mon Dec 29, 2008 4:12 pm

Dear Picant,
I would not consider the case so simple as it looks. Suppose you have the first on board notation at a place (port) different of that specified in the credit and the second on board notation at the port of loading specified in the credit. Then, by virtue of art. 20 the second on board notation would be deemed the date of shipment.
So, the port of loading really matters when reviewing documents as far as on board notation is concerned.
Best regards
Cristian

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picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

ISBP and UCP

Post by picant » Mon Dec 29, 2008 7:22 pm

Hi Pal,

I just quote some articles and points of official ICC publication, I could agree that sometimes ICC opinions or position papers are not so clear but documents checkers in a bank must follow them, having, frequently, no idea about different industry.

Ciao

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