Document background
The Commercial Bill of Lading is a fundamental document in maritime trade, essential for international shipping transactions under Danish jurisdiction. It is required whenever goods are transported by sea, particularly in international trade where multiple parties need documentary evidence of cargo ownership and transfer. The document, governed by the Danish Merchant Shipping Act and incorporating Hague-Visby Rules, must be issued by the carrier to the shipper upon accepting goods for transport. It includes crucial details such as cargo description, shipping parties, vessel information, and carriage terms. The Commercial Bill of Lading's significance lies in its triple function: receipt for goods, evidence of carriage contract, and document of title enabling cargo transfer during transit. This makes it indispensable for international trade finance, customs clearance, and cargo ownership transfer.
