Summary Overview types of documents International trade & risk

BILL OF LOADING (B/L) CMR-CONSIGNMENT NOTE CIM-CONSIGNMENT NOTE AIR WAY BILL (AWB)
DEFINITION + The Bill of Lading is a document International transport of CIM: Convention International Air transport
WHO prepared by the carrier (mostly goods by ROAD (regulated concernant le transport de Designed/prepared by the
PREPARES represented by a shipping agent) by the CMR-Treaty, +30 Marchandises par chemin de fer) carrier or air freight agent
THE and signed by the captain countries) International transport of goods Sender/consignor must provide
DOCUMENT? where he/she declares to have Prepared by the carrier, by RAIL the necessary information
received the goods on board. signed by shipper and Document that serves as a basis needed to fill in the document
carrier for invoicing process by the correctly
The captain is committed to carry Shipper is liable for mistakes railway company
the goods to the agreed on the CMR. Consignee signs Partly filled in by the sender
destination where he delivers the when receiving the goods. and partly by the railway
goods in exchange for the “Convention relative au company
payment of the freight contract de transport Also e-CIM possible
international de
merchandises par route” in
French.
CHARACTERIS  Transport agreement =  Acknowledgement of  Acknowledgement of receipt  Acknowledgement of receipt
TICS commitment to transport the receipt for the shipper for the shipper  Transport
goods from an agreed port of  Proof the goods have  Transport contract (when agreement/contract
departure to an agreed port of been loaded on the truck stamped by railway  Between consignor/sender &
destination  Transport agreement company) carrier
 Acknowledgement of receipt =  Haulier carries out the  NOT a document of title,  NOT a document of title,
signed by captain (in practice transport and is No title of possession No title of possession
often the shipping agent), responsible for damage or  Can be used as customs  Proof of insurance
declares to have goods on loss of the goods (limited (transit) document  Serves as instruction sheet
board liability) for the carrier for the
 Document of title = who holds  NOT a document of handling, shipping and
the b/l is regarded as lawful title, No title of delivery of the goods
possessor of the goods (is not possession  Can be used as invoice for
necessarily the owner), b/l can the airfreight costs
be negotiable (transferable)

TRANSFERABI ON BEHALF = straight B/L = Name  Always issued ‘on  Always issued ‘on behalf’  Always issued ‘on behalf’
LITY recipient of the goods is mentioned behalf’ or ‘in the or ‘in the name’ or ‘in the name’
/NEGOTIABLE – goods can only be handed over to name’  In the name: name recipient  In the name: name
this recipient (fill in all details) >  In the name: name mentioned– goods can only recipient mentioned– goods
NOT transferable recipient mentioned– be handed over to the can only be handed over to
TO ORDER = order B/L = Goods are goods can only be handed recipient. NOT the recipient. NOT
delivered to the order of a named
over to the recipient. NOT TRANSFERABLE by TRANSFERABLE by
party, the party whose name is
TRANSFERABLE by endorsement (fill endorsement (fill
stated in b/l (fill in ‘to the order of’)
> B/l can be transferred via endorsement (fill everything in) everything in)
endorsement to a third party everything in)