It is a recepit of evidence on each consignment of goods or cargo , normally conducted by ship crew or Tally clerk for and on behalf....
It is recording every detail of goods loaded and any such exceptional remark as defectice condition or whatsoever ...
Such remarks are also to be inserted at Bil
Vetting inspections are not mandatory by statute or by law. But these inspections have become a necessity for operating a commercial ship.
The cargo owners, terminals and all other parties commercially involved with the ships want to make sure that they have a seaworthy and a safe ship.
Bill of lading is a document of title. This means that the person who has the bill of lading is the owner of the cargo. But the bill of lading can be transferred to another person.
So if person A transfers the bill of lading to person B, person B becomes the owner of the cargo.
Master of the ship
I wrote a post explaining Incoterms in detail. You can read this post by click on the below link.
If there is any other specific question on this topic, do not hesitate to ask.
Absolutely. To understand this first we need to understand who is a shipper and who is a consignee.
A shipper is a party who arrnages for the transportation or a carrier (for example a ship) to transport the goods. If seller of the goods arranges for the transport, seller becomes the shipper of the