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Received for Shipment – questions

In this article, I talk about 3 questions received from a reader relating to Received for Shipment notation on a bill of lading..

1) Will a bank accept a bill of lading with a Received for Shipment notation or does a bill of lading have to be reissued with a Shipped on Board notation..
2) Is it normal that a received for shipment B/L shows the vessel name and voyage?
3) Is there any problem if the vessel name on which cargo is loaded is not the one appearing on the Received for shipment B/L?

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New ruling for transport of high cube container in South Africa

High Cube Container – an innocuous steel container of 40′ x 8′ x 9’6″ is once again in the news in South Africa..

Some of you in South Africa may recall that in 2009, the Department of Transport in South Africa (DoT) implemented a ban on the transportation of high cube containers on the country’s roads..

This ban was however revoked within a matter of days..

Well, the DoT seems to be at it again, but this time, it is targeting the trailers that are carrying these high cube containers..

FTW has published below article and has also asked the below question on its LinkedIn Group

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Importance of proper Freight notation in bill of lading

There are several notations/clauses that are used in a bill of lading and one such important notation relates to “Freight”..

Freight maybe defined as the price that is charged by a transport operator to transport cargo from Point A to Point B as per a mutually agreed contract..

This article examines why this notation is important..

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