The Transit Bill of Lading is a fundamental document in international maritime trade, especially crucial under German jurisdiction where it must comply with the German Commercial Code (HGB) and relevant EU regulations. This document is used when goods are being transported by sea and may need to be sold or transferred while in transit. It contains detailed information about the shipped goods, parties involved, vessel details, and terms of carriage. The document's negotiable nature makes it particularly important in international trade finance, allowing banks to use it as security for letters of credit. German law provides specific requirements for the form and content of Bills of Lading, including provisions for electronic versions under certain conditions.
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1. Header Information: Document title, Bill of Lading number, and carrier's logo/details
2. Shipper Details: Full name and address of the shipper/exporter
3. Consignee Details: Full name and address of the consignee, or 'To Order' if transferable
4. Notify Party: Details of the party to be notified upon arrival of the goods
5. Vessel and Voyage Details: Vessel name, voyage number, port of loading and discharge
6. Goods Description: Detailed description of the cargo, including marks, numbers, quantity, weight, and condition
7. Freight and Charges: Details of freight payments and other charges, whether prepaid or collect
8. Number of Original Bills: Statement of how many original bills of lading have been issued
9. Place and Date of Issue: Location where and when the bill of lading was issued
10. Carrier's Terms and Conditions: Standard terms governing the carriage contract, including liability limitations
1. On-Carriage Details: Used for multimodal transport when there is inland transportation after the main carriage
2. Special Instructions: Any special handling requirements or shipping instructions
3. Container Details: Used when shipping containerized cargo, including container numbers and seals
4. Dangerous Goods Declaration: Required when shipping hazardous materials, including IMO class and UN number
5. Temperature Requirements: Used for refrigerated cargo specifying required temperature settings
6. Clean Bill Statement: Explicit statement if the bill is 'clean' (no adverse remarks about cargo condition)
1. Terms and Conditions: Detailed carrier's standard terms and conditions of carriage
2. Rate Schedule: Breakdown of freight rates and additional charges if applicable
3. Container Packing List: Detailed list of contents when shipping multiple containers
4. Dangerous Goods Documentation: Required certificates and declarations for hazardous cargo
5. Letter of Indemnity Format: Standard format for LOI when required for clean bills or delivery without original B/L
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Maritime Transport
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Relevant Teams
Legal
Logistics
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Documentation
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Relevant Roles
Logistics Manager
Shipping Coordinator
Trade Finance Manager
Export Manager
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