Ocean Bill of Lading - Definition
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What is an Ocean Bill Of Lading?
An Ocean Bill of Lading (OBL), also known as a cargo receipt, is a contractual document used to evidence the transport goods to any overseas destination. The bill is issued to the shipper by the ocean carrier. The shipper must present the bill of lading to receive the goods following shipment. An OBL may contain various different conditions that are agreed between trading parties according to the situation and nature of the business. As such, the bill of lading is generally a negotiable instrument (i.e., it can be tranferred to a new holder).
Academic Research on Definition of Ocean Bill of Lading
- Ocean Bill of Lading--A Study in Fossilization, Crutcher, M. B. (1970). Tul. L. Rev., 45, 697. The study in this review paper evaluates the role of Ocean bill of lading in the context of fossilization and further helps to understand the concepts of ocean transportation of goods.
- The evolution of the ocean bill of lading, McLaughlin, C. B. (1926). The Yale law journal, 35(5), 548-570. The research comprehensively investigates the evolution phases and use of ocean bill of lading for waterways trade and its impact on the global economy.
- The Extension of an Ocean Carrier's Limitation of Liability to the Inland Carriage of Goods Under a Through Ocean Bill of Lading: How the Second and Eleventh , Daley, J. M. (2008). Tul. Mar. LJ, 33, 111. The study provides an account concerning with the extension and limitations of ocean carriers in relation to inland transportation of goods while using a comprehensive ocean bill of lading. The further investigates the role of the second and eleventh circuits as these have undone (harmed) the efforts of Kirby Supreme Court.
- On carrier's obligation to give notice of arrival of goods under an ocean bill of lading [J], Bing, L. I. U. (2005). Annual of China Maritime Law, 2005-00. In this paper, the writer explores carrier obligation in Chinese waterways in the context of giving notice for the arrival of goods. The writer further investigates the use of a certain bill of the ocean for lading that is agreed between contract parties.
- Ocean bill of lading, Sutherland, J., & Canwell, D. (2004). The research in this book simply explores the role, context and use of ocean bill of lading to perform trading activities through an ocean.
- The Ocean Bill of Lading, Kendall, L. C. (1986). Springer, Dordrecht. The author critically evaluates the role of using ocean bill of lading with reference to shipping business industry. The study further highlights the changing nature of these bills according to various regional frameworks.
- Conflict of Laws-Choice of Forum Clause-Invalidity of a Clause in an Ocean Bill of Lading Restricting Litigation to a Foreign Forum, Gershenson, D. E. (1967). Wayne L. Rev., 14, 609. This review paper sheds light on different aspects of ocean bill lading that include conflict of laws, choice of certain forum in case of a problem, clause invalidity and litigation restrictions on a foreign forum.
- Uncitral Attacks the Ocean Carrier Bill of Lading, Moseley, W. (1972). Louis ULJ, 17, 355. The author states the role of different trading nations that blame exporting counties for different reasons. These attacks are also known as Uncitral attacks pointing out other nations that are not in compliance with the ocean carrier bill of lading.
- Review the jurisdiction clause in the ocean bill of lading, Shou-qin, L. I. (2011). Annual of China Maritime Law, 3, 018. The study reviews the working frameworks of Chinese Maritime Laws and evaluates the jurisdiction implication with regard to ocean bill of lading.
- The ocean bill of lading as a document of title to goods in Anglo-American law., Bools, M. D. (1995). (Doctoral dissertation, University of Oxford). The research paper comprehensively explores the historical context of using documents related to ocean bill of lading that allow goods transportation in Anglo-American law.