Key characteristics of a tanker bill of lading include:
Description of the Cargo: The bill of lading contains detailed information about the cargo being transported, such as its name, quantity, weight, volume, temperature (if applicable), and identification markings.
Quality and Condition: The bill of lading notes the condition and quality of the cargo at the time of loading, based on the shipper's declaration.
Loading and Discharge Ports: The ports where the cargo is loaded (loading port) and discharged (discharge port) are clearly stated.
Laytime and Demurrage: The bill of lading specifies the allowed period for loading and discharging operations. If the ship exceeds this period due to reasons attributable to the shipper or consignee, demurrage charges may apply.
Freight Charges and Payment: Details regarding freight charges, including currency and when and where payments should be made, are mentioned.
Liabilities and Exceptions: The bill of lading outlines the carrier's responsibilities and liabilities related to the cargo during transportation. It also lists exceptions or exclusions under which the carrier may not be liable for damages or losses to the cargo.
Notice of Damage or Loss: The bill of lading specifies the time frame within which the consignee must notify the carrier of any apparent damage or loss to the cargo.
Other Terms and Conditions: Additional terms and conditions related to customs regulations, general average, seaworthiness, and jurisdiction may be included.
The tanker bill of lading serves as an important document for all parties involved in the transportation of liquid cargo by sea. It facilitates smooth communication, ensures clarity of terms and conditions, and provides a legal framework for handling potential disputes during cargo transportation.
