Liner Bill of Lading

There is also a liner bill of lading.

This is a marine bill of lading for carriage by vessels on scheduled journeys which have a reserved berth at their destination - i.e. on a scheduled run rather than an “ad hoc” sailing without a scheduled route or timetable. It has the three functions listed earlier for an “ordinary” bill of lading:

1. it provides evidence of contract;

2. it is a receipt for goods taken on “board”;

3. it is a document of title .

The holder has “constructive” control over the shipped goods.

Assignment

1. Suggest the Ukrainian for the following words and word combinations from the text.

goods, carrier, warehouse, bailment, bailor, bailee, receipt, bill of lading, destination, terms of the shipping agreement, document of title, title to the goods, maritime (marine) transport document, container transport, overseas buyer, evidence, contract of carriage, clean bill of lading, foul (dirty) bill of lading, custody, endorse, take custody of, payment, arrangement, forwarding agency, bill of lading to order, despatch.

2. Find in the text English equivalents for the following words:

товари, перевезення, перевізник, транспортна накладна, титул на товар, морський, склад, ордерний коносамент, чистий коносамент, брудний коносамент, призначення, контейнерний транспорт, залежне утримання, залежний утримувач, зберігання, брати на зберігання, товариство (торговий дім), повний комплект, отримувач вантажу

2. Answer the following questions.

1. What does often occur when goods are shipped by a carrier?

2. Who do we call the bailor?, the bailee?

3. What does the owner of goods, sent through a carrier, receive?

4. What does a bill of lading contain?

5. When does the owner of goods receive a warehouse receipt?

6. What is a marine bill of lading?

7. What functions does a bill of lading have?

8. What is also very important for the payment arrangements?

9. How can title to the goods be transferred by the sender?

10. Who prepares a bill of lading?

11. What might be provided by the wording “shipped” or “since shipped” on the bill?

12. What must a bill of lading show clearly?

2. Speak on:

1. A maritime (marine) bill of lading.

2. Three separate functions of bill of lading.

3. Title to the goods.

Text b Sea Waybill, Air Way Bill Study these vocabulary notes

waybill		накладна
consignment		вантаж, партія товару
delay		затримка
avoid		уникати
pointless		безцільне
air waybill		транспортна накладна на вантаж, відправлений літаком
get round		вирішити, уникнути
consign		передати, відправити товар
consignee		отримувач вантажу

A waybill is a list of goods carried. A sea waybill is a transport document which gives details of a consignment of goods, and it acts as

1. a contract between the shipping company and the exporter (or overseas buyer); and

2. a receipt by the shipping company for the goods received, and so provides evidence of shipment.

A sea waybill is not a document of title. It is used instead of a bill of lading, the shipping company will deliver the goods to the consignee named in the waybill and it is not necessary to give the shipping company an original copy of the waybill.

But with a bill of lading, the shipping company will only release goods to someone who presents an original signed copy.

The advantage of a sea waybill over a bill of lading is that it might avoid delays at the port of destination in handing the goods over the consignee. As we shall see later, a bill of lading might be necessary in order to carry out certain procedures to obtain payment for the exporter from the buyer for the goods delivered. If this is so, a delay through waiting for documents at the port of destination might be a necessary inconvenience. However, in cases where the exporter trusts the foreign buyer, and is willing to hand over the documents of title before receiving payment, a sea waybill might be preferred because delays at the port of shipment would be pointless.

Sea waybills might therefore be used to advantage:

1. if the exporter is sending goods to an overseas subsidiary;

2. if the exporter sells goods and treats the foreign buyer as a normal creditor.

A liner waybill is a sea waybill for goods shipped by a vessel on a scheduled journey, and which has a reserved berth at its destination.