Strategies to Manage Bill of Lading Disputes for Shippers Carriers
This article provides an in-depth analysis of legal rules and practical risks associated with bills of lading (B/L). It clarifies the carrier's statutory obligations in issuing B/Ls and explains their legal effect as the basis for rights and obligations. The article outlines the liability boundaries for delivery/discharge without a B/L, analyzes the handling principles for practical scenarios such as lost B/Ls and demurrage liabilities. Furthermore, it offers risk prevention suggestions, including charter party clause settings and the use of letters of indemnity, aiming to help companies effectively avoid B/L dispute risks.
