General Average
General Average (GA) “Extraordinary sacrifice made voluntarily and prudently, to save a common maritime adventure from imminent peril,” is GA…
Category: Merchant Shipping
HAGUE, HAGUE VISBY, HAMBURG AND ROTTERDAM RULES
The Hague Rules of 1924 (formally the “International Convention for the Unification of Certain Rules of Law relating to Bills of Lading,…
Delivering Cargo At Discharge Port (Bill Of Lading)
The master can deliver the cargo to the holder of a ‘bearer’ bill of lading . If a bill of…
Charter Parties
Charter Party (C/P) : A C/P is defined as a contract between a ship-owner and charterers for the use of…
Demurrage
General Principles (a) Freight No discussion on the subject of demurrage would be complete without a few words on the subject…
Bill Of Lading
Bill of Lading : Functions of Bill of Lading : 1. Document of title – whoever holds the B/L is the Owner of…
Requirement and significance of Bill of Lading Clauses
Everyone involved in the shipping and freight industry would have come across various clauses and stamps on a Bill of…
Note Of Protest
Noting Protest Noting protest may help resist cargo loss or damage claims on the owner. A protest is a solemn…
Mortgages and Liens
Mortgages : 1. Ship owners often take loans purchase of ships. For this purpose, the lenders and the ship owners…
Signing Bill Of Lading
One of the most important functions of a bill of lading is that it provides information as to the description…