The AWB is the air freight transport document issued by the airline or freight forwarder. It serves as a contract of carriage, proof of receipt, and delivery note. It includes shipper and consignee details, cargo description, weight, departure and destination airports, and terms of transport. Unlike ocean bills of lading, AWBs are non-negotiable and do not represent ownership of the goods.<\/span><\/p>8. Bill of Lading (B\/L)<\/b><\/h3>
The bill of lading is essential for sea freight. It serves three functions: contract of carriage, receipt of goods onboard, and negotiable title of ownership. It may be straight (non-transferable) or negotiable (to order), in which case it can be transferred through banking channels, particularly when using a letter of credit. Without the original B\/L, goods cannot be claimed at the destination port. It is also key in dispute resolution.<\/span><\/p>9. CMR (Road Transport Document)<\/b><\/h3>
Used for international road transport, especially across Europe and Eurasia, the CMR is based on the CMR Convention (1956). It defines the carrier\u2019s liability and serves as a contract of carriage. It includes the shipper, carrier, consignee, goods description, quantity, weight, pick-up and delivery locations. It is vital for legal compliance, claims, or roadside inspections.<\/span><\/p>10. Dangerous Goods Declaration<\/b><\/h3>
Transporting hazardous goods requires specific documentation. IATA (for air) or IMO (for sea) forms detail the cargo\u2019s hazards, safety procedures, labeling, and handling conditions. These must be filled out by certified personnel. Any mistake can pose serious safety risks and lead to penalties or shipment rejection.<\/span><\/p>11. Bank Draft (Documentary Collection)<\/b><\/h3>
A bank draft allows the seller to request payment from the buyer\u2019s bank. When paired with a documentary collection, shipment documents (invoice, B\/L, CO, etc.) are handed over only upon payment or acceptance. It offers a secure, though less complex, alternative to letters of credit.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t