On Board Notation - B/L

3 replies [Last post]
nasar_kakkadath
Offline
Joined: 03/20/2008
Printer-friendly versionSend by emailPDF version

Dears,

The LC shows a clause that 'On Board Noration must be Signed and Stamped' on the Bill of Lading.

Could yo please advise what is this exactly menat.

Thanks for your valuable input.

Regards,

Nasar.

 

Ahmadoov
Offline
Joined: 04/20/2014
on board notation

Dears ... 

 

the shipping company can issue the bill of Lading when the goods are chicked on the port ( the terminal ) , and the goods will be saved in stores or on land until its uploading on the ship, in that case the goods are not shipped on the board actually . 

,

so that the shipped on board attachment to the bill of lading must be signed and stamped by shipping co. or its agent to inform the parties that the goods are on board , 

that because if any dammeges or scrash to the goods happened to define exactly the party who is responsible on the goods 

as per INCOTERMS 2010 ,

,

any other openions ,

are much appreciated 

 

thanks :) 

pan
Offline
Joined: 09/13/2007
Notation

Hi Friend,

even the UCP 500 allowed an on board notation not signed nor stamped, Some banks, due probably to domestic rules,

require the on board notation to be stamped and signed by the carrier or its agent, together with other prescription.

This modifes art 20 a ii, but if requested by the l/c must be attended.

Other comments appreciated

Ciao

nasar_kakkadath
Offline
Joined: 03/20/2008
Thanks Ciao and

Thanks Ciao and Ahmed..

Thanks for your valuable input and support as usual.

Have a Good day..

Nasar.

//
//