Document background
The Bill Of Lading For Ocean (Transport) is a fundamental document in maritime shipping, essential for international trade operations conducted through South African ports. It is required whenever goods are transported by sea, serving as both a receipt and a title document, allowing the consignee to claim their goods at the destination port. The document must comply with South African maritime legislation, including the Carriage of Goods by Sea Act and Sea Transport Documents Act, while also meeting international shipping standards. It contains crucial information such as cargo details, shipping terms, vessel information, and parties involved in the transaction. The document is particularly important for letter of credit transactions and can be either negotiable or non-negotiable, depending on the trade requirements.
