Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

08/21/2025 Document Interpretation
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Guide to Maritime Export of Potassium Superoxide As Class 51 Hazard

Guide to Maritime Export of Potassium Superoxide As Class 51 Hazard

This article provides a detailed interpretation of the sea freight export process for potassium superoxide (UN2466, Class 5.1 dangerous goods). It covers key aspects such as booking preparation, cut-off declaration preparation, and customs clearance procedures. It also offers important considerations to help you easily handle dangerous goods sea freight and avoid delays in delivery and the risk of cargo detention at the port. This guide aims to streamline the process and ensure a smooth export experience.

09/26/2025 Logistics Encyclopedia
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Global Trade Relies on Cargo Insurance Amid Rising Risks

Global Trade Relies on Cargo Insurance Amid Rising Risks

This article provides a comprehensive analysis of cargo insurance under various modes of transportation. It offers detailed guidance for businesses navigating global trade, covering pre-insurance preparation, policy selection, post-loss response, and the preparation of claim documents. Choosing the right cargo insurance is crucial for safeguarding business interests and ensuring stable development. This guide aims to equip businesses with the knowledge needed to effectively mitigate risks associated with international shipping and protect their valuable assets throughout the supply chain.

08/21/2025 Logistics Encyclopedia
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