Document background
The Standard Bill of Lading is a fundamental document in maritime trade, adapted to meet the specific requirements of Saudi Arabian law and commerce. This document is essential for any shipment of goods by sea to, from, or through Saudi ports, serving three primary functions: evidence of the contract of carriage, receipt for goods, and document of title. The Standard Bill of Lading must comply with Saudi Commercial Maritime Law (Royal Decree No. M/33) and Shariah principles while adhering to international maritime conventions. It contains detailed information about the parties involved, cargo specifications, vessel details, and terms of carriage. This document is particularly crucial for international trade transactions involving Saudi Arabia, especially when dealing with letters of credit, customs clearance, and cargo insurance.
