The information provided here is part of Export Import Training online
How to obtain a duplicate BL, if original bill of lading lost?
What happens if Bill of Lading Lost?
BL lost in courier transit, how to get a new bill of lading. How to reconstruct a missed bill of lading? What are the Procedures to get new Bill of Lading? BL mutilated how to get a duplicate bill of lading in lieu of original bill of lading?
As you know, Biill of lading is a negotiable instrument and document of title. Shipping carriers issue bill of lading on receipt of goods at load port after necessary export legal customs clearance procedures completed. Without original bill of lading the cargo can not be taken delivery of goods at destination port. What happens if BL lost in transit or mutilated. BL could have lost at Bank, courier transit, or in any other transit. Bill of lading could be stolen or destroyed. We have discussed abou the Importance of bill of lading in international trade under seperate article in this web blog.
If a bill of lading is lost, the shipper need to approach the shipping carrier and request for a duplicate sets of originals in lieu lost original bill of lading. The shipper need to execute a letter of indemnity bond stating that the said carrier is not to be held responsible if the first set of lost Bill of lading is found and surrendered. The letter of indemnity must be signed by the shipper or his legal authorized representative. Such indemnity bond should be against certain amount fixed by the respective carrier. In an indemnity bond, shipper also undertake the responsibility return the original lost bill of lading to the carrier, if found. The shipper undertake to indemnify all consequences on lost of bill of lading against any claims, liability, losses charges, costs, fine, damages and other expenses inclusive of legal expenses in connection with anybody claiming delivery of goods as owner or assignee or as the holder of BL originally issued at the time of receipt of goods. Some of the shipping liners in US or Canada insist a counter signature on such indemnity bond by the reputed bank doing business in the said country to obtain duplicate sets of BL in lieu of lost original bill of lading.
Each shipping carrier may have different specimen format of indemnity bond with separate legal bindings to obtain a duplicate sets of bill of lading in lieu of lost original bill of lading. However, I have mentioned some of the major points above, generally mentioned by all carriers in bond for issue of duplicate bill of lading against lost BL. Also read Can an importer take delivery of goods without original bill of lading? 3 Reasons under Importance of bill of lading in international trade Can shipping line predate Bill of Lading,What is the earliest date can be mentioned on Bill of Lading
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The above information is a part of Import Export online Training
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Discuss below your thoughts on issue of duplicate Bill of Lading in lieu of Original Bill of Lading.
STALE BILL OF LADING What does it mean? Difference between Clean On Board Bill of Lading and Shipped On Board Bill of Lading. Can Original Bill of lading be surrendered under DP terms of payment Can Original Bill of lading be surrendered under LC at sight Can Bill of Lading be surrendered on LC terms How to obtain a duplicate BL, if original bill of lading lost? Can a Bill of Lading be consigned to a customs broker? Can I get bill of lading before loading cargo Can two consignments meant for one buyer be shipped together under one Bill of Lading? Consignee To Order in Bill of Lading How to avoid delay in receiving OBL Original Bill of Lading? Amendment of Bill of Lading How to amend shipper details in Bill of Lading?. How to surrender HBL House Bill of Lading Surrender of Bill of Lading Some facts . How does Bill of Lading work in Sight LC. How does Bill of Lading work in DP payment terms? Can a Bill of Lading (BL) be predated for LC negotiation? What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day? Can shipping line predate Bill of Lading,What is the earliest date can be mentioned on Bill of Lading. What is Said to weigh in Bill of Lading What is Shipper Load, stow and count in Bill of Lading What is said to contain in Bill of Lading. Can an importer take delivery of goods without original bill of lading? What is House BL House Bill of Lading Can Bill of Lading (BL) be before date of Certificate of origin GSP? What is Express Release Bill of Lading? Can Bill of Lading be surrendered at port of loading? Transferability of Bill of Lading What is charter party bill of lading ? How transshipment bill of lading works? What is Combined Bill of Lading / Multi model Bill of Lading Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading What is Clean on board Bill of Lading? Is received for shipment Bill of Lading sufficient for LC negotiation? Different types of Bill of Lading 3 Reasons under Importance of bill of lading in international trade When can an exporter get bill of lading from shipping company?
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