Incorporation of Charter Party into Bill of Lading

Monday, April 14, 2003
The U.S. Court of Appeals for the Fifth Circuit ruled that when a charter party is clearly identified in a bill of lading, it may be incorporated into the bill of lading. In the instant case, the time charter for the vessel included a clause providing for arbitration of disputes via a specific procedure. The time charterer then entered into a voyage charter for carriage of steel coils from Latvia to New Orleans. Bills of lading were then executed by the charterer and the shipper for shipment of a cargo of steel coils. The bills of lading stated that they incorporated all terms and conditions of the time charter. The steel coils were delivered in a damaged condition and the shipper sought local arbitration. The vessel owner's objection was overruled by the trial court. On appeal, the court held that the evidence showed that the intent of the parties when the bills of lading were executed was to incorporate the provisions of voyage charter into the bills of lading. Source: HK Law
Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Mediterranean Rescue Operations Strain Shipping

The Wall Street Journal ran a story yesterday describing how the increasing number of seaborne migrants making the journey from Africa to Europe has not only

Ukraine Arrests Turkish Cargo Ship Over Crimea Port Call

Ukrainian authorities have arrested a Turkish-owned cargo ship and detained its captain over a visit it made to a port in Crimea after Russian annexed the peninsula from Ukraine last year.

Lack of Ship Definition is a Threat to Investors

AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly

 
 
Maritime Contracts Maritime Security Naval Architecture Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1473 sec (7 req/sec)