Said to Contain clause – should it be allowed or not..??

Said To Contain

We all have seen the clause SAID TO CONTAIN or STC in a Bill of Lading issued for an FCL shipment.. What does it mean and should the Said To Contain clause be allowed or not..??

Join the discussion in this article on whether the Said To Contain clause should be allowed or not in the bill of lading and if you are a carrier that is not showing the Said To Contain on your bill of lading, how do you protect yourself from possible claims relating to shortage of cargo..

Are the clauses Said To Contain and Shipper’s Load Stow and Count interchangeable..??

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Executive Insights: ShipChain CEO John Monarch on eliminating the barriers to blockchain in logistics

Will blockchain revolutionize the shipping and logistics industry, allowing it to move past inefficient legacy technologies by handing companies the keys to high-tech solutions, at an affordable cost? That’s ShipChain CEO John Monarch’s vision, and over the past year, his company’s platform has emerged as one of the foremost contenders in this burgeoning market.

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What does it mean by duly discharged in terms of bill of lading..??

duly discharged bill of lading

Cargo covered by a bill of lading may only be released to the entity to whom it is consigned..

The shipping line and/or their agents at the destination must take cognisance of the type of bill of lading issued, the endorsements required on the bill of lading for the type of bill of lading before releasing the cargo..

Some lines are releasing cargo without the endorsement , some are strictly following above, some are content with releasing cargo to whoever is in possession of the bill of lading and are not seeking any endorsement or authorisation letter (in the case of release to an agent)..

What is your viewpoint on this issue and let us take a vote to see how strictly these endorsement requirements are followed..

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8 points to consider before you sign a bill of lading

points to consider before you sign a bill of lading

To the casual onlooker, signing a bill of lading may be a routine, day to day mundane job done by many people across the world.. But the fact is that there are several technicalities to be considered before signing a bill of lading..

It is important to understand that the person signing the bill of lading acknowledges the details recorded on the bill of lading.. Any bill of lading signed with the knowledge of misrepresented facts may be considered to be a fraudulent document and may result in legal consequences for the signatory..

If you are a bill of lading signatory, here are 8 points that you need to consider before signing a bill of lading.. It may be a bit of a long read, but worth it.. 🙂

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Do I need cargo insurance for my shipment..??

do i need cargo insurance

Cargo insurance is a type of insurance that protects a buyer or seller of goods against damages or loss of cargo..

Despite insurance having been around for centuries, there is still a feeling that any form of insurance is a “grudge purchase” and in the case of cargo shipments, many people ask the question “Do I need cargo insurance for my shipment“..??

By its nature, insurance is an intangible benefit, one that can only be tested under adverse circumstances and there is nothing more adverse than cargo damage..

From a

• Local (Street to Street, City to City, Town to Town etc)
• Provincial (Within the same province or state etc)
• National (Province to Province, State to State etc)
• Global (International trade between countries)
• Regional (Within regional trade blocs like EU, BRICS etc)

there are several modes and types of trade/shipments around the world..

Where there is a shipment, there is a possibility of cargo damage and where there is the possibility of cargo damage………………….

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Causes of Demurrage and Detention

causes of demurrage and detention

In one my previous articles (which is also the MOST READ article on this site) I explained the Difference between Demurrage and Detention..

After reading this, a few of my readers have asked me to explain the causes of demurrage and detention..

There are several reasons a container(s) can incur demurrage and/or detention or combined demurrage and detention.. Here are some of the major reasons..

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When does a Bill of Lading become a Contract of Carriage..??

featured image for question

We all know what a bill of lading is and what a contract of carriage is.. But do you know when a bill of lading become a contract of carriage..?? This article examines this question in detail..

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What is a Certificate of Origin..??

Certificate of Origin Shipping and Freight Resource

All of you have heard about a Certificate of Origin..

In this article, I will explain about what is a certificate of origin, why it is required, who issues it etc..

A Trade agreement is a contractual arrangement between countries concerning their trade relationships and how they conduct trade with each other..

Trade agreements may be bilateral or multilateral and could be in the form of Regional Trade Agreements (RTA) between two or more partners or a Preferential Trade Agreement (PTA) under which developed countries grant preferential tariffs to imports from developing countries..

Customs department in the importing country may require a proof of origin in order to determine whether or not the cargo that is imported may be subjected to certain trade measures such as the preferential duty tariff (for stuff that is imported from with the PTA bloc), prohibted goods etc..

Customs in the exporting country may also require this proof of origin in countries where such trade measures are applicable for exports..

As per WCO’s (World Customs Organisation) definition, “proof of origin” means a document or statement (either in paper or electronic format) which serves as a prima facie evidence to support that the goods to which it relates satisfy the origin criteria under applicable rules of origin. It includes a certificate of origin, a self-issued certificate of origin, or a declaration of origin..

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Can I telex release a negotiable bill of lading..??

Image for telex release

Can I telex release a negotiable bill of lading..??

Maybe because it is one of the most important documents in global trade, there seems to always be a degree of uncertainty around a bill of lading, which type to issue, how many to issue etc..

This question is part of this uncertainty and many people have doubts on what is a Telex Release, how it works and under what circumstances a Telex Release maybe issued..

In relation to what is Telex Release and how it works, you can read my article dedicated to Telex Release..

In this particular post, I will cover the circumstances under which a Telex Release maybe issued and whether a telex release can be done for a negotiable bill of lading..

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