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TRANSPORT DOCUMENTS - Coggle Diagram
TRANSPORT DOCUMENTS
ROAD & RAIL: CONSIGNMENT NOTES
Document Types
CMR (Road) - International Consignment Note
CIM (Rail) - International Railway Note
Functions
Receipt of goods
Proof / Record of carriage contract
Copies (3 issued by carrier)
Copy 1: Kept by carrier
Copy 2: Sent to consignor (exporter)
Copy 3: Sent to consignee (importer) on delivery
SEA: BILL OF LADING (B/L)
Key Functions
Receipt of goods loaded on vessel
Proof of carriage contract
Document of title (transferable ownership)
Types of B/L
Clean B/L (Goods in good condition)
Foul B/L (Goods damaged / not in perfect condition)
Copies
Issued in 3 original copies (Shipper, Shipmaster, Consignee)
AIR: AIR WAYBILL (AWB)
Key Features
Contract of carriage between airline and exporter
Non-negotiable (Ownership CANNOT be transferred)
Copies
Issued in 3 original copies (Carrier, Consignor, Consignee)
CERTIFICATE OF INSURANCE
Purpose
Covers loss or damage of goods during transit
Taken by exporter or importer based on Incoterms
Claim Process
Policyholder makes claim
Insurance company compensates for agreed amount