What is a letter of indemnity (“LOI”)? A person issuing a letter of indemnity promises: To repay (or pay on behalf of) the recipient of the LOI; liabilities incurred by the recipient through doing … [Read more...] about Letter of Indemnity – All you need to know & Ten golden rules for delivery of cargo.
LOI
BILL OF LADING – Detailed information on B/L and checks to be made by master prior signing same.
What is Bill of Lading A bill of lading is a receipt for goods placed on board or to be placed on board a vessel, signed by the person, who contracts to carry them or his agent, and is the written … [Read more...] about BILL OF LADING – Detailed information on B/L and checks to be made by master prior signing same.
