What happens when you issue multiple sets of bills of lading?
To minimise the risk of conflicting claims of title for the cargo, it is crucial to have just one set of original bills of lading.
Problems have occurred where Charterers who were also the cargo owners issued their bills of lading sometimes unrecognised by the shipowners.
The Swedish Club members can read more about legal problems with multiple bills of lading and sanction cases in the latest IMB confidential bulletin, 10/2019, via the SCOL website (The Swedish Club Online member area).
Member Alert is published by The Swedish Club as a service to members. While the information is believed correct, the Club cannot assume responsibility for completeness or accuracy.