The Ad Valorem Bill of Lading is a specialized shipping document used in maritime trade where freight charges are calculated as a percentage of the cargo's declared value, rather than standard rates based on weight or volume. This document type is particularly important in India, where it must comply with the Carriage of Goods by Sea Act, 1925, and the Indian Bills of Lading Act, 1856. It serves multiple functions: as a receipt confirming cargo possession by the carrier, a contract of carriage evidencing shipping terms, and a document of title enabling cargo transfer during transit. The document is typically used for high-value shipments, specialized cargo, or when specific insurance and liability considerations are paramount. It requires detailed value declarations and often involves additional documentation to support the declared values.
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1. Bill of Lading Number and Carrier Details: Unique identification number of the B/L and complete details of the carrying vessel and shipping line
2. Shipper Information: Complete name and address of the shipper/exporter
3. Consignee Information: Complete name and address of the consignee/receiver of goods
4. Notify Party: Details of the party to be notified upon arrival of goods
5. Vessel and Voyage Details: Name of vessel, voyage number, port of loading and discharge
6. Cargo Details: Description of goods, including quantity, weight, measurement, and declared value
7. Freight and Charges: Detailed breakdown of freight calculation based on cargo value, additional charges, and payment terms
8. Standard Terms and Conditions: Carrier's standard terms including liability limitations, governing law, and jurisdiction clauses
9. Cargo Receipt Acknowledgment: Confirmation of goods received in apparent good order and condition
10. Value Declaration: Official declaration of cargo value for freight calculation purposes
1. Special Instructions: Used when specific handling requirements or delivery instructions need to be documented
2. Transit Time Guarantee: Include when specific delivery timeframes are guaranteed by the carrier
3. Insurance Declaration: When additional insurance details need to be specified on the B/L
4. Dangerous Goods Declaration: Required when shipping hazardous materials, including IMO class and UN number
5. Temperature Control Requirements: Used for temperature-sensitive cargo requiring specific temperature maintenance
6. Letter of Credit Reference: When the shipment is under a letter of credit and specific L/C details need to be mentioned
1. Container Manifest: Detailed list of containers with their numbers and seal numbers
2. Packing List Reference: Detailed breakdown of cargo contents and packaging details
3. Value Calculation Sheet: Detailed calculation showing how the ad valorem freight was determined
4. Clean/Claused Remarks: Any notations regarding the condition of goods or packaging at time of receipt
5. Routing Schedule: Complete routing information including transshipment ports if applicable
Relevant legal definitions
Ad Valorem Rate
Actual Carrier
Bill of Lading
Carrier
Clean Bill of Lading
Consignee
Consignor
Declared Value
Delivery
Freight Charges
Governing Law
Hague Rules
Holder
House Bill of Lading
Inland Point
Letter of Credit
Master Bill of Lading
Merchant
Negotiable Bill of Lading
Notify Party
On Board
Original Bills of Lading
Place of Delivery
Place of Receipt
Port of Discharge
Port of Loading
Received for Shipment
Shipper
Shipping Line
Sub-Contractor
Through Transport
Title to Goods
Transport Document
Vessel
Voyage
Actual Carrier
Bill of Lading
Carrier
Clean Bill of Lading
Consignee
Consignor
Declared Value
Delivery
Freight Charges
Governing Law
Hague Rules
Holder
House Bill of Lading
Inland Point
Letter of Credit
Master Bill of Lading
Merchant
Negotiable Bill of Lading
Notify Party
On Board
Original Bills of Lading
Place of Delivery
Place of Receipt
Port of Discharge
Port of Loading
Received for Shipment
Shipper
Shipping Line
Sub-Contractor
Through Transport
Title to Goods
Transport Document
Vessel
Voyage
Clauses
Description of Goods
Value Declaration
Freight Calculation
Carrier's Liability
Shipper's Obligations
Receipt Acknowledgment
Transfer of Title
Delivery Terms
Insurance Requirements
Claims and Disputes
Force Majeure
Jurisdiction
Governing Law
Payment Terms
Limitation of Liability
Document of Title
Dangerous Goods
Sub-Contracting
Lien Rights
Notice Requirements
Detention and Demurrage
Assignment
Severability
General Average
Carrier's Receipt
Loading and Discharge
Transit Time
Transshipment Rights
Customs Requirements
Documentation Requirements
Value Declaration
Freight Calculation
Carrier's Liability
Shipper's Obligations
Receipt Acknowledgment
Transfer of Title
Delivery Terms
Insurance Requirements
Claims and Disputes
Force Majeure
Jurisdiction
Governing Law
Payment Terms
Limitation of Liability
Document of Title
Dangerous Goods
Sub-Contracting
Lien Rights
Notice Requirements
Detention and Demurrage
Assignment
Severability
General Average
Carrier's Receipt
Loading and Discharge
Transit Time
Transshipment Rights
Customs Requirements
Documentation Requirements
Relevant Industries
Maritime Transport
International Trade
Logistics
Import/Export
Manufacturing
Retail
Commodities Trading
Agriculture
Automotive
Electronics
Pharmaceuticals
Chemical Industry
Mining
Textile Industry
Food and Beverage
Relevant Teams
Logistics
Supply Chain
International Trade
Documentation
Shipping Operations
Customs Compliance
Trade Finance
Risk Management
Export Operations
Import Operations
Maritime Operations
Legal
Insurance
Commercial Operations
Customer Service
Relevant Roles
Shipping Manager
Logistics Coordinator
Trade Finance Manager
Export Manager
Import Manager
Supply Chain Director
Documentation Specialist
Customs Compliance Officer
Freight Forwarding Manager
Maritime Operations Manager
Trade Documentation Officer
Shipping Line Representative
Port Operations Manager
Global Trade Compliance Manager
Cargo Insurance Specialist
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