1. Legal acceptance of express Bill of Lading in case of Letter of Credit, where Transport Docs not in bank's favour
2. Other than CIF/CFR shipment- China exporter hands over cargo to Indian Importer 's freight forwarder. Customs query is raised and it misses vessel and put to warehouse for next essel. Who will bear warehouse cost- Shipper refuses having handed over to Importer's FF .
3. FF issues House BL. Liner sends Master BL. Delivery order to be issued at Destination port against HBL or MBL- as both are in practice and endorsed in importer's favour.
Sir-please clarify
Bill of Lading acceptance under Letter of Credit and allocation of warehouse and delivery order liabilities in carriage. Questions arise on three points: acceptability of an express Bill of Lading under a Letter of Credit when transport documents are not in the bank's favour; who bears warehouse costs when an exporter hands cargo to the importer's freight forwarder and the cargo misses the vessel; and whether delivery orders at destination may be issued against a House Bill of Lading or a Master Bill of Lading, affecting documentary compliance, contractual risk allocation and the evidentiary basis for cargo release and associated charges. (AI Summary)