Understanding Article 21 of UCP 600: Non-Negotiable Sea Waybill Unlike a traditional Bill of Lading (B/L), a Sea Waybill is not a document of title. It acts only as a receipt for goodsand evidence…
The Bill of Lading (B/L) is one of the oldest and most important transport documents in international trade. It serves three purposes at once: A receipt for goods shipped. Evidence of a contract of carriage…
In international trade, goods are often transported using more than one mode of transport — for example, a shipment that travels by truck to a port, by sea to another…
In letters of credit (LCs), the commercial invoice is the most essential financial document because it states the goods or services supplied, their value, and the buyer-seller details. Article 18…