Bills of Lading - Delivery of Cargo -The Republic of Korea and The Peoples Republic of China (5.325)

This circular reminds members that delivery of cargo without production of an original bill of lading is not ordinarily covered, and sets out practical guidance for discharging cargo in the Republic of Korea and the People’s Republic of China.

London P&I also highlights the need for Standard Form Letters of Indemnity and Bank "Join In" agreements, and warns against relying on charter party clauses, personal guarantees or copies of original bills of lading.