The Ocean Bill of Lading is a fundamental document in international trade and maritime shipping, required whenever goods are transported by sea. It serves three essential functions: acknowledging receipt of goods, evidencing the contract of carriage, and serving as a document of title. Under U.S. jurisdiction, Ocean BOLs must comply with COGSA requirements and other federal maritime laws. This document is crucial for international trade financing, customs clearance, and transfer of ownership rights during transit.
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1. Shipper Information: Complete details of the party shipping the goods including name, address, and contact information
2. Consignee Information: Complete details of the party receiving the goods including name, address, and contact information
3. Vessel and Voyage Details: Name of vessel, voyage number, port of loading, port of discharge, and estimated dates
4. Cargo Description: Detailed description of goods including quantity, weight, measurements, and marks/numbers
5. Freight and Charges: Details of freight charges, whether prepaid or collect, and any additional charges
6. Terms and Conditions: Standard trading conditions, liability terms, and applicable law references including COGSA provisions
1. Notify Party: Additional party to be notified upon arrival, used when consignee is not the end receiver or when required by letter of credit
2. Special Instructions: Any specific handling requirements, temperature controls, or delivery instructions
3. Letter of Credit Reference: Reference numbers and specific requirements when payment is being made by letter of credit
4. On-Board Notation: Special notation required when the goods have been loaded on board, particularly important for letter of credit transactions
1. Cargo Manifest: Detailed list of all cargo items with specifications and packing details
2. Container List: List of container numbers, seal numbers, and weight distribution when cargo is containerized
3. Dangerous Goods Declaration: Mandatory declaration when shipping hazardous materials, including IMO class and UN numbers
4. Packing List: Detailed inventory of the contents of each package or container
Relevant legal definitions
Carrier
Shipper
Consignee
Merchant
Vessel
Goods
Container
Port of Loading
Port of Discharge
Place of Delivery
Place of Receipt
Freight
Charges
Combined Transport
Port to Port Transport
Bill of Lading
Clean Bill of Lading
Notify Party
Dangerous Goods
Package
Unit
Force Majeure
SDR (Special Drawing Rights)
Transhipment
Lien
General Average
Sub-contractors
Servants and Agents
Writing
Shipping Unit
Stowage
Through Transportation
Deck Cargo
COGSA
Hague Rules
Negotiable Document
Freight Collect
Freight Prepaid
Clauses
Carrier's Liability
Limitation of Liability
Notice of Claims
Time Bar
Law and Jurisdiction
Carrier's Tariff
General Average
Lien Rights
Dangerous Goods
Deck Cargo
Delivery Terms
Freight and Charges
Container Provisions
Force Majeure
Severability
Sub-Contracting
Through Transport
Insurance
Description of Goods
Delay
Customs Clearance
Heavy Lift
Temperature Controlled Cargo
Transshipment
Merchant's Responsibility
Demurrage
Detention
Storage
Both-to-Blame Collision
General Exceptions
War Risks
Paramount Clause
Integration
Electronic Data
Amendments
Relevant Industries
Relevant Teams
Relevant Roles
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