Bill of Lading

Bill of Lading

The bill of lading (hereinafter referred to as maritime bill of lading or B / L) is the most common document used in maritime transport, which certifies the loading of the goods in a specific port of departure for transport to a designated port of destination , on a ship indicated in the document. The Bill of Lading, which usually travels separately from the goods, performs the following functions: It certifies the taking over of the goods by the shipping carrier or its agent. It proves the existence and the content of the transport contract concerning the goods described in it.Attributes to the holder of the original title the possession of the goods and the power to arrange them for the transfer to third parties, which is perfected by endorsement. negotiable) representative of the goods.