Earliest shipment

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dinesh2476
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Earliest shipment

Post by dinesh2476 » Thu Jan 17, 2019 11:09 pm

Dear Experts,

are there any situation in which we take earliest shipment date when multiple sets of bill of lading presented?

Thanks & Regards
Dinesh Kumar

TaiOanlan
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Re: Earliest shipment

Post by TaiOanlan » Sun Jan 20, 2019 12:54 pm

As far as I am concerned, it’s all taking the latest shipment date for calculating either presentation period and maturity under a situation of multiple set of BL being presented.

Regards, Luke

Navi
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Re: Earliest shipment

Post by Navi » Mon Jan 21, 2019 5:32 pm

Hi,

For calculation of period of presentation in case of multiple sets of bill of lading, earliest shipment date will be taken.

regards

TaiOanlan
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Re: Earliest shipment

Post by TaiOanlan » Tue Jan 22, 2019 7:48 pm

I re-checked. ISBP D23 b and c define under which situation takes latest shipment date or earliest shipment date.


Regards, Luke

SIQBAL
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Re: Earliest shipment

Post by SIQBAL » Mon Feb 11, 2019 7:44 pm

under a credit that allows partial shipment and multiple BL are presented, Earliest shipment date is used in case of determining presentation period. In all other cases latest shipment date will be used.
Ref:: ISBP E19, B2Eiii

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