A Bill of Lading is something which a seafarer must have heard very commonly. In this article, we will understand what are the uses of Bill of Lading and what precautions must be practiced by the Master prior signing Bill of Lading.
Now that we have understood what B/L actually is, the next question which needs to be answered is that who issues the Bill of Lading? Is it the carrier or is it the shipper?
Now, before understanding who issues the Bill of lading, we should first understand the two terms: “Carrier” and “Shipper”
Carrier: A person or company that undertakes the professional conveyance of goods or people. To put it in more simple words, a carrier is the ship or the owner of the ship.
Shipper: A person or company that transports the goods. In simple words, the owner of the cargo who is transporting his goods from one place to another through a carrier.
Now as we know who is a carrier and a shipper, let us answer the above question i.e. who issues a Bill of lading.
A bill of lading is always issued by the carrier based on the goods that are received from the shipper. The Master of the ship or the carrier company’s agent signs the B/L on behalf of the carrier.
So, let us understand what precautions a Master must practice while signing a Bill of Lading, the precautions are listed below:
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