Lloyd's Shipping & Trade Law

Introduced in Parliament on 12 October 2022, the Electronic Trade Documents Bill received Royal Assent on 20 July 2023. The following considers the Electronic Trade Documents Act 2023 and its implications.

Certain commercial documents incorporate a right to performance: the holder of the document, ie the person who possesses it, may present the document to the debtor and request delivery of goods or payment. These documents may be collectively referred to as transferable documents and instruments, documents of title, etc.

Setting frameworks for effective, universally adoptable solutions can enable transparent, reliable, easy-to-use, secure and environmentally friendly container transportation services. The Digital Container Shipping Association (DCSA) is contributing to this effort by providing the industry with open-source standards that are vendor neutral, technology agnostic and free for everyone to use.

Misdelivery claims under bill of lading contracts

One-year time limit under the Hague-Visby Rules to misdelivery claims