shipper can be applicant or not?
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shipper can be applicant or not?
Applicant does not want benef. to know who is real shipper. Is it OK put applicant's name as shipper? Please give me some good advice.
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puzzled question
Dear,
I got puzzled by your question.
"shipper" is a vague term cause it can be used in both contract of carriage and BL. If the deal is based on FOB, then the problem is the shipper is the applicant (under LC) in contract of carriage. But whether the shipper in such circumstance is still the applicant in BL leads to disputes. Some insist that the shipper is the beneficiary while some others may think the applicant is also the shipper in BL.
To me, I would suggest that the BL use "consignor" to replace "shipper", then the disputes will not exist.
I got puzzled by your question.
"shipper" is a vague term cause it can be used in both contract of carriage and BL. If the deal is based on FOB, then the problem is the shipper is the applicant (under LC) in contract of carriage. But whether the shipper in such circumstance is still the applicant in BL leads to disputes. Some insist that the shipper is the beneficiary while some others may think the applicant is also the shipper in BL.
To me, I would suggest that the BL use "consignor" to replace "shipper", then the disputes will not exist.
- shahriar
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Article 14k
article 14k of UCP 600 should be enough to supportcdcs2010 wrote:Applicant does not want benef. to know who is real shipper. Is it OK put applicant's name as shipper? Please give me some good advice.
k. The shipper or consignor of the goods indicated on any document need not be the beneficiary of the credit.
- nesarul
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applicant
DEar,
I simply don't understand how come the beneficiary is unknown to real supplier..
regards
nESAR
.Applicant does not want benef. to know who is real shipper
I simply don't understand how come the beneficiary is unknown to real supplier..
regards
nESAR
- shahriar
- Posts: 923
- Joined: Fri May 16, 2008 1:03 am
- First Name: Shahriar
- Last Name: Masum
- Organization: Mutual Trust Bank
- Filter: Two Plus Two =: 4
- Location: Bangladesh
lolz
nesarul wrote:DEar,.Applicant does not want benef. to know who is real shipper
I simply don't understand how come the beneficiary is unknown to real supplier..
regards
nESAR
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