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General Principles (a) Freight No discussion on the subject of demurrage would be complete without a few words on the subject of freight. Freight is the return to the shipowner for undertaking the voyage requested by the voyage charterer. Freight can be contrasted with hire, which

Bill Of Lading

Bill of Lading : Functions of Bill of Lading  : 1. Document of title – whoever holds the B/L is the Owner of goods, 2. Receipt for the cargo, signed by the master or by the owner’s port agents on behalf of carrier, with remarks as to the condition

Signing Bill Of Lading

One of the most important functions of a bill of lading is that it provides information as to the description of the goods, the condition of the goods, the quantity of the goods, the loading port and date of shipment, the discharge port, the name