The Bill of Lading is a document of title to goods enabling delivery of goods at destination port and contract of carriage of goods by sea. It is negotiable i.e. title to goods can be transferred to others by endorsement and delivery. The last endorsee can obtain delivery of goods at destination port/place from the Shipping Line. It is also offered as collateral for obtaining finance against security of the goods. There are specific legislations pertaining to bill of lading whereby the rights and immensities of the interested parties are clearly spelt out.
This book explains very vividly the legislation s, rights and immensities pertaining to different types of bills of lading under different modes of transportation.
The reader will find sufficient details enabling him/her to have a thorough understanding of a bill of lading and legislations and practices governing the Bill of Lading.