Dear Expert,
May I ask for your opinion on the following:
Query 1
L/C:
44A: India
44B:Barcelona, Spain
46A: B/L marked Freight Collect
Case 1:
B/L presented at pre-printed column:
Freight payable at: Barcelona, Spain
Case 2:
Freight payable at
DESTINATION (Fill in DESTINATION)
Issuing bank claimed B/L not marked Freight Collect, is the discrepancy valid or not
In case 1 and case 2 ?
Query 2
Pre-carriage by: ABC
Place of Receipt: Shanghai, China
Ocean Vessel: DEF
Port of Loading: Shanghai
Port of discharge: New York, USA
Place of delivery: New Jersey, USA
Insurance policy presented covering all risks
showing Ocean Vessel name DEF only, without showing Pre-carriage vessel: ABC,
is it a discrepancy?
Query 3
L/C
47A: shipping mark: R1, R2, R-3
Invoice, Packing list showing shipping mark:
R1, R2, R-3
Cert. Of origin showing shipping mark:
R-1, R2, R-3
B/L showing shipping mark: N/M
Is it a discrepancy on Cert. Of origin showing shipping mark:
R-1 instead of R1
Is it a discrepancy on B/L showing shipping mark:
N/M
Thank you for your assistance.
Regards,
ucp 800
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ucp800
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Quote ucp800 Misc queries
Hi ucp800,
Query 1 - Case 1: it is accepable as it was pre-printed in the B/L.
Case 2: Banks will accept B/L marked 'Freight payable at destination' instead of 'Freight Collect'. It was a standard
practise and it was the same meaning.
Query 2 - Shipment pre-carriage by ABC from place of receipt: Shanghai, China, I presume 'ABC' is a lighter to carry the goods to
the ocean vessel. It was the responsibility of the shipper to cover insurance. If you can refer to Incoterm 2000, no
matter it was a FOB, CFR or CIF terms. A5 Transfer of Risks stated 'The seller must, subject to the provisions of B5,
bear all risks of loss of or damage to the goods until such time as they have passed the ship's rail at the port of
shipment.' That means once the goods is loaded onto the ocean vessel the risks will pass on to the buyer.
Query 3 - Shipping marks on B/L, invoice, packing list and Certificate of Origin inconsistant with each other.
Cheers
Query 1 - Case 1: it is accepable as it was pre-printed in the B/L.
Case 2: Banks will accept B/L marked 'Freight payable at destination' instead of 'Freight Collect'. It was a standard
practise and it was the same meaning.
Query 2 - Shipment pre-carriage by ABC from place of receipt: Shanghai, China, I presume 'ABC' is a lighter to carry the goods to
the ocean vessel. It was the responsibility of the shipper to cover insurance. If you can refer to Incoterm 2000, no
matter it was a FOB, CFR or CIF terms. A5 Transfer of Risks stated 'The seller must, subject to the provisions of B5,
bear all risks of loss of or damage to the goods until such time as they have passed the ship's rail at the port of
shipment.' That means once the goods is loaded onto the ocean vessel the risks will pass on to the buyer.
Query 3 - Shipping marks on B/L, invoice, packing list and Certificate of Origin inconsistant with each other.
Cheers