multimodal transport document and negotiability

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berry
Posts: 329
Joined: Fri Nov 07, 2008 11:36 pm

multimodal transport document and negotiability

Post by berry » Wed Mar 18, 2009 9:15 pm

Hi!

i just noticed this one. In CDCS study guide, section 6221 it is written that if the journey is by land sea land, then a negotiable bill of lading will be issued.

but in 6222 it is written that if the final part of the journey is not by sea, then the transport document will not be a negotiable one. :roll: what did i miss?

wongvv
Posts: 83
Joined: Fri Mar 20, 2009 7:50 am

Please check the contents

Post by wongvv » Fri Mar 20, 2009 3:51 pm

Hi !

According to the book, it states " where the journey is land/sea/land, the multimodal transport document is usually issued as a combined/multimodal transport bill of lading".

Please check!

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berry
Posts: 329
Joined: Fri Nov 07, 2008 11:36 pm

i thought a lot

Post by berry » Fri Mar 20, 2009 6:58 pm

thanks for the reply. meantime i developed my own theory. please validate.

if the journey by sea ends at the port of importing country, then the bill of lading will be negotiable even if the last leg is by land. but if the sea journey ends at a port which is not the country of import and infact a port of transhipment, then the bill of lading is not negotiable.

now this theory has some problem. im not sure what will be the answer if the last leg is by air even if its within the country of import. however its quite unlikely that a goods that traveled by ship will end up its journey by air. :?

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