Ship Registration For ship registration, UNCLOS requires that all vessels must sai l under the flag of a particular state. Thus, shipowners must register their vessels with a Flag State and keep their vessel in a condition t hat satisfies the requirements of that particular Flag State. UNCLOS Article 91 Nationality of ships 1. Every State shall…Details
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How to register a ship in India Which ships require registration Every Indian ship, unless its NT ≤ 15 tons and is employed solely in navigation on the coasts of India, shall be registered with the Principal Officer of MMD. Sea going ships fitted with mechanical means of propulsion of 15 tons net and above…Details
Difference Between Mates Receipt And Bill Of Lading S.No MATES RECEIPT BILL OF LADING 1 Mate’s receipt is issued when goods are placed on board ship after verification of quantity and condition. Bill of Lading is prepared & issued based on Mate’s receipt. 2 Mate’s Receipt is prepared and issued by chief officer. B/L is…Details
Classification of Bill of Lading Classification of Bill of Lading By method of execution Open B/L Straight B/L Bearer B/L Ordered B/L Classification of Bill of Lading By method of operation Received for shipment B/L Shipped B/L Through B/L Combined transport B/L By method of execution Open B/L Unless otherwise expressly provided, the B/L is a freely…Details
Obligations of the Bill Of Lading The holder of the Bill of Lading (Buyer, Endorsee, Assignee) is bound by same condition as the consignee himself. Ex. If the consignee is required to pay the freight on delivery, the general average contribution to be paid or difference of freight, the holder has to do the…Details
Bill Of Lading (BOL) Bill Of Lading Definition: Section 6 of Bill of lading act 1856 defines Bill of lading as the document, which acknowledges the receipt of goods for shipment, received onboard a particular ship for carriage by sea and delivery to shippers order. Halls Bury Law Of England (Legal Dictionary) According to Halls Bury…Details