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Bill Of Lading Is Negotiable And A Document Of Title
Posted: Fri Sep 15, 2017 11:11 pm
by saikumar1208
As per UCP Bill of Lading is negotiable and a document of title. A Non- negotiable seaway bill is a non- negotiable by the name itself. How ever if a seaway bill is issued to the order then it will become a negotiable document and will posses equal workability with that of BL. So can a Sea way bill be used in place of BL if it is issued to the order. Please provide your comments
Re: Negotiable and document of title
Posted: Sat Sep 16, 2017 12:19 am
by picant
Hi Pal,
a seawaybill issued to the order is a normal bill of lading!
In my view.
Re: Negotiable and document of title
Posted: Sun Sep 17, 2017 1:55 am
by cristiand969
HI Sai kumar Chintakuntla
Surprinsigly, UCP600 does not talk about a Bill 0f lading being as a negotiable document or a document of title. In practice a straight consigned B.L is not negotiable
So may I ask you where did you get this information from?
Thx