Research Essay:
Topic: The role of Bill of Lading in shipping
A bill of lading is one of the most important documents in the shipping industry. The bill of lading is a legally binding document providing the driver and the carrier all the details needed to process the freight shipment and invoice it correctly. A bill of lading must be completed and provided to the shipper when your freight is to be picked up. Furthermore, the bill of lading is a legal contract and can be used in litigation. That in of itself then says and must be understood by those using a bill of lading form in the process of shipping freight, that the bill of lading accuracy and use is one of the most important things you can do to run your logistics department effectively. Therefore, accurate bill of lading is very important to ensure the effective contract.
However, In some cases, the information in the Bill of lading is not accurate or error. It will lead some consequences such as:
– Loss of the right to limit liability
– Loss of the right of indemnity from the charterer
– Criminal prosecution
In this papers. I will focus on the role of the bill of lading, how it is important in the shipping; the type of the bill of lading, the accuracy of the bill of lading; the consequences of the inaccurate bill of lading and solution.
1. The role of the bill of lading
2. The accuracy of the bill of lading; the consequences of the inaccurate bill of lading and Solution
3. Recommendation
5. Conclusion
– Please use the footnote for me please and the footnote have to follow the ciation of Australia Guide Legal of Ciation (AGLC) – Please use exactly the ciation of Australia Guide Legal of Ciation (AGLC) in the Bibliography. This is very important.