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Evening Interaction Series : "Are Bills of Lading Still the Keys to the Warehouse" ?

  • International Malaysian Society of Maritime Law Bangunan Sulaiman, Jalan Sultan Hishamuddin Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Malaysia (map)

It is a cardinal principle that a carrier who delivers cargo without production of the original bills of lading does so at his own peril. In 4 successive mis-delivery cases and on the back of recent mis-delivery cases in England, the Singapore High Court has however refused to grant summary judgment against the carrier on the basis that the arguments raised against the holder of the bills of lading raise triable issues. Will charterers be further emboldened to instruct carriers to deliver the cargo without presentation of the original bills of lading against discharge letters of indemnity? Will carriers resist mis-delivery claims more vigorously than ever, rather than look towards the charterers’ indemnity? Will trade financiers and banks turn to other forms of security, leaving the bill of lading a relic of the maritime past? At the talk, we will address these issues, with perspectives from Singapore and Malaysia. Do come and join us!

Earlier Event: November 29
Maritime Law Course
Later Event: May 11
Maritime Law & Conference 2023