Document background
The First Bill of Lading is a fundamental document in international maritime trade, governed by Swiss law and international conventions. It is used when goods are first loaded onto a vessel and serves as the primary document controlling the shipment of goods. This document is essential for international trade transactions as it provides proof that a carrier has received the goods for shipment and details the conditions under which transportation will occur. The First Bill of Lading must comply with Swiss legal requirements, particularly the Swiss Code of Obligations and relevant international conventions such as the Hague-Visby Rules. It is commonly used in letter of credit transactions and can be negotiable or non-negotiable, depending on how it is drafted and the intended use. The document typically includes comprehensive details about the shipment, including the nature and quantity of goods, shipping conditions, and all parties involved in the transaction.
