The Memo Bill of Lading is a fundamental document in maritime trade, particularly significant in Philippine shipping operations. It is used when goods are transported by sea, serving three essential functions: a receipt confirming the carrier's possession of cargo, evidence of the contract of carriage, and a document of title to the goods. This document type is governed by Philippine maritime laws, including the Code of Commerce and the Carriage of Goods by Sea Act, as well as international conventions ratified by the Philippines. The Memo Bill of Lading contains critical information about the shipment, including details of the parties involved, cargo specifications, vessel information, and terms of carriage. It is particularly important in international trade transactions where documentary credit is involved and when cargo ownership needs to be transferred while goods are in transit.
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1. Carrier Information: Details of the shipping company/carrier including name, address, and contact information
2. Bill of Lading Number: Unique identifier for the shipment document
3. Shipper Information: Complete details of the shipper/exporter including name, address, and contact information
4. Consignee Information: Complete details of the consignee/receiver including name, address, and contact information
5. Notify Party: Details of the party to be notified upon arrival of the shipment
6. Vessel and Voyage Details: Name of vessel, voyage number, port of loading, and port of discharge
7. Cargo Description: Detailed description of goods, including quantity, weight, measurement, and packaging type
8. Marks and Numbers: Identifying marks and numbers on the packages
9. Terms of Carriage: Basic terms and conditions of the shipment including freight terms and charges
10. Date and Place of Issue: When and where the bill of lading was issued
11. Signatory Section: Space for authorized signatures from the carrier or agent
1. Declared Value: Optional section for declaring the value of goods, used when specific insurance or liability limits are required
2. Special Instructions: Any special handling instructions or requirements for the cargo
3. Transhipment Details: Information about any transhipment points, used when cargo requires transfer between vessels
4. Container Details: Specific container numbers and seal numbers, used for containerized shipments
5. Letter of Credit Reference: Reference to letter of credit details when payment is made through LC
6. Temperature Requirements: Used for temperature-controlled cargo requiring specific environmental conditions
1. Schedule A - Container Manifest: Detailed list of containers with their numbers and contents, required for containerized shipments
2. Schedule B - Packing List: Detailed inventory of the goods being shipped, including individual package contents and weights
3. Appendix 1 - Terms and Conditions: Standard terms and conditions of carriage as per Philippine maritime law and international conventions
4. Appendix 2 - Dangerous Goods Declaration: Required when shipping hazardous materials, detailing the nature of dangerous goods and safety measures
Relevant legal definitions
Clauses
Relevant Industries
Maritime Transportation
International Trade
Logistics
Import/Export
Freight Forwarding
Shipping
Manufacturing
Retail
Agriculture
Mining
Oil and Gas
Chemical Industry
Automotive
Electronics
Relevant Teams
Logistics
Supply Chain
International Trade
Documentation
Legal
Compliance
Operations
Shipping
Import
Export
Trade Finance
Customer Service
Risk Management
Commercial
Relevant Roles
Shipping Manager
Logistics Coordinator
Export Manager
Import Manager
Trade Finance Manager
Documentation Specialist
Customs Broker
Supply Chain Manager
Port Operations Manager
Freight Forwarding Manager
Trade Compliance Officer
Maritime Legal Counsel
Shipping Line Representative
Cargo Operations Supervisor
International Trade Specialist
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