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Bank Gaurantee for Issuance of Duplicate Bill of Lading

Posted: Wed Sep 12, 2012 7:45 pm
by ASIF
please guide for the Bank Gaurantee for issuance of duplicate Bill of Lading. Original B/L is lost.

Bank Guarantee

Posted: Wed Sep 12, 2012 9:08 pm
by picant
Hi Pal,

unfortunately you must accept a wording presented by the shipping company, with some clauses not very fair.
We have to say that the bill of lading doe not contain the value of the goods, so the shipping company will ask for a bank guarantee amounting to the double of the extimated cargo value and valid, may be, five years.
So no bargain, only acceptance.
Other comments appreciated
Ciao

Bank Gaurantee for issuance of duplicate Bill of Lading

Posted: Mon Sep 17, 2012 7:33 pm
by ASIF
Please provide the detail about issuance of bank guarantee for issuance of duplicate bill of lading

Guarantee

Posted: Tue Sep 18, 2012 10:46 am
by picant
Hi Pal,

IMHO, it is better to ask a Shipping Company, locally. Moreover for the amount and the expiry date it would be necessary to discuss and obtain more favourable conditions. So contact some friends at a shipping company, wording can vary according to the Area.
Try in Internet too.
Ciao and good luck

Lost Bill of Lading

Posted: Fri Sep 21, 2012 5:06 am
by aemrek
Hi Asif

You should search for the cases where the original B/L relating to shipment is lost. Also for for reissued B/L. Those topics may help you find about bank guarantees as well.

I hope you luck

Good One!!!!

Posted: Thu Sep 27, 2012 11:49 pm
by Virendra
good one!! :ymapplause: