Best Trade Solution

dear all
I need to know about wording of terms in front of b/l (preprint) said that 'if required by the carrier, this bill of lading duly endorsed shall be surrendered in exchange for goods or delivery order'
What is the meaning of this clause ?It's a big topic in my office as someone understand that shipping co.can release goods anytime.please make me clear.
thanks all
narisa

there has been wide discussion at the ICC banking commission on this clause. finally it was verdict as terms and condition and therefore acceptable since banks need not to review the terms and condition on the bill of lading

Please check the link below.

http://www.forwarderlaw.com/library/vie ... cle_id=219

Regards,

Ozgur Eker