Trade & Economic Glossary
Letter of Indemnity in Shipping: When Do You Issue One?
An LOI lets you take cargo before the original bill of lading arrives. When carriers ask for one, who carries the liability, and what to check first.
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An LOI lets you take cargo before the original bill of lading arrives. When carriers ask for one, who carries the liability, and what to check first.
A D/O is issued only after the original B/L is surrendered or a telex release is confirmed and charges are paid. Master vs house D/O, and what delays cost.