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What is a bill of lading?

A document issued by a carrier to a shipper recording receipt by the carrier of a consignment of goods for carriage to a stated destination, and incorporating the carrier’s conditions of carriage.

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Written by Ship Inspection

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In what trades are bills of lading used, and why?

If a mate’s receipt has been claused by the ship, e. g. with remarks about rust on steel plates, what may a master expect to see when presented with the bill of lading for signature?