The scarcity of books on international trade and international carriage of goods that not only highlight global principles but reflect the peculiarities of the local operating environment and laws remains a source of concern to tertiary institutions, traders, bankers, legal practitioners, and the courts. This book has provided the much-desired, in-depth research and analysis of the legal, commercial, and operational issues related to international carriage of goods from domestic and international perspectives. Its appeal lies in the global approach that is notrestricted to the legal profession or the judiciary but encompasses other sectors involved in international trade and cross-border carriage of goods by sea, including the financing, import and export sectors.
Cross-border trade and carriage of goods comprises multiple phases that commence well before loading goods on a vessel for shipment. These phases include the sale, pre-shipment activities, shipment, delivery, and post-delivery phases. Multiple and different actors must work together in an orchestrated sequence to satisfy all the interests involved in the transaction, supply chain and transportation phases. This nearly 600-page book, consisting of 9 chapters covers the essential contracts between multiple parties that come into play prior to the actual carriage of goods, the transportation of goods by sea and delivery, the allocation of responsibilities and risks among parties, and liabilities arising therefrom. Mercantile and financing topics and processes such as trade terms for imports and exports, documentary credits system, logistics and transportation that merchants often find complicated and confounding are presented in a simple manner that is readable and rich in content. It examines and explores, in detail, the interrelationship between the crucial parties, including risks, obligations, rights and potential liabilities for the seller, buyer, consignee or endorsee, banks, carrier and other related parties. Concentration is on bill of lading carriage, though charterparty is elaborated in the context of charterparty terms that impact on bill of lading carriage.
The book contains in-depth explanations and analysis of the procedures, guidelines, roles, and risks associated with documentary credits payment system. It unravels the complexity of documentary credits for bankers, merchants, regulators, lawyers, and courts and includes illustrations of actual transactions and disputes. Parties and their advisors are armed with the skills required to undertake informed assessments of legal risks involved in all the phases of cross-border sales and transportation of goods. Reflecting the international nature of financing cross-border sales and carriage of goods, issues related thereto are approached from international and domestic perspectives and demonstrated with applicable foreign and domestic case law. The book relies heavily on case law and contains extensive texts and materials that the reader will find helpful for research, practice or studies.
Illustrations, standard forms and relatable diagrams are used to explain concepts, process flow and principles. The reference to several Nigerian and foreign judicial precedence to illustrate legal principles and industry practices recommends this book to not only the judiciary but as a valuable tool to researchers, tertiary institutions, importers, exporters, bankers and transaction advisers within and outside Nigeria. It is my hope that the exposition in this book on the unresolved issues intrinsic to international carriage of goods will lead to enhanced clarity and required reforms in the legal, trade and economic sectors that will foster market confidence, competitive services, growth of the shipping sector and a reasonable degree of predictability in dispute settlement.
You made some decent points there. I looked on the web to find out more about the issue and found most people will go along with
your views on this website.
At this time I am going away to do my breakfast, later than having
my breakfast coming yet again to read other news.
I am actually glad to read this blog posts which consists of plenty of
useful information, thanks for providing these kinds of information.
I could not refrain from commenting. Very well written!
I do agree with all of the concepts you’ve offered
for your post. They are very convincing and will certainly work.
Still, the posts are very short for beginners. Could
you please extend them a bit from next time? Thank you for
the post.
Howdy! I know this is kinda off topic nevertheless I’d figured I’d ask.
Would you be interested in trading links or maybe guest writing a blog article or vice-versa?
My blog goes over a lot of the same topics as yours and I think we could greatly benefit from each other.
If you are interested feel free to shoot me an e-mail. I look forward to hearing from you!
Wonderful blog by the way!
Hi there just wanted to give you a quick heads up.
The words in your post seem to be running off the screen in Chrome.
I’m not sure if this is a formatting issue or something
to do with internet browser compatibility but I thought I’d post
to let you know. The style and design look great though! Hope you
get the problem fixed soon. Many thanks
The other day, while I was at work, my cousin stole my iphone and tested to see if
it can survive a twenty five foot drop, just
so she can be a youtube sensation. My apple ipad is now broken and
she has 83 views. I know this is completely off topic but I had to share it with someone!
Thanks for the auspicious writeup. It in fact was once a entertainment account it.
Look complicated to far added agreeable from you! However,
how could we keep up a correspondence?
I don’t know if it’s just me or if perhaps everybody else experiencing issues with
your website. It looks like some of the text on your content are running off the screen. Can somebody else please provide feedback and let
me know if this is happening to them as well? This might be a issue with my browser because I’ve had this happen before.
Kudos
When I initially commented I seem to have clicked the -Notify me when new comments are added-
checkbox and from now on every time a comment is added I recieve four
emails with the same comment. Perhaps there is
a way you can remove me from that service?
Appreciate it!
Valuable information. Lucky me I discovered your site by accident, and I’m surprised why this twist of fate did not took
place in advance! I bookmarked it.
Howdy would you mind sharing which blog platform you’re working
with? I’m looking to start my own blog in the near future but I’m having a difficult time choosing between BlogEngine/Wordpress/B2evolution and Drupal.
The reason I ask is because your design seems different then most blogs and
I’m looking for something completely unique.
P.S Sorry for being off-topic but I had to ask!
With havin so much content and articles
do you ever run into any problems of plagorism or copyright violation?
My website has a lot of unique content I’ve either created myself or outsourced but it looks like a lot of it is popping it
up all over the internet without my agreement. Do you
know any solutions to help protect against content from
being ripped off? I’d truly appreciate it.
Hello my friend! I want to say that this post is awesome, great written and come with
approximately all important infos. I’d like
to look more posts like this .
Heya this is kind of of off topic but I was wondering if blogs use
WYSIWYG editors or if you have to manually code with HTML.
I’m starting a blog soon but have no coding know-how so I wanted to get advice
from someone with experience. Any help would be enormously appreciated!
I am no longer positive the place you’re getting
your info, but good topic. I must spend some time finding out more
or understanding more. Thank you for excellent information I was on the lookout for this information for
my mission.
I am actually delighted to read this blog posts which carries tons of valuable data, thanks for providing such data.
This design is steller! You definitely know how to keep
a reader amused. Between your wit and your videos, I was almost moved
to start my own blog (well, almost…HaHa!) Fantastic job.
I really enjoyed what you had to say, and more than that, how you presented it.
Too cool!
Woah! I’m really digging the template/theme of this blog.
It’s simple, yet effective. A lot of times it’s
very hard to get that “perfect balance” between usability and visual appeal.
I must say that you’ve done a great job with this. In addition, the blog
loads very fast for me on Chrome. Exceptional Blog!
I think the admin of this web page is actually working hard for his website, for
the reason that here every material is quality based data.
I visited multiple blogs except the audio feature for audio songs
existing at this web page is actually fabulous.
Pretty! This was a really wonderful post. Thank you for supplying these
details.
Greetings from Ohio! I’m bored to death at work so
I decided to browse your blog on my iphone during lunch break.
I love the info you present here and can’t wait to take a look when I get home.
I’m shocked at how quick your blog loaded on my cell phone ..
I’m not even using WIFI, just 3G .. Anyways, very good blog!
When someone writes an post he/she keeps the image
of a user in his/her brain that how a user can be aware of it.
So that’s why this piece of writing is amazing.
Thanks!
Magnificent beat ! I wish to apprentice while you amend your website, how can i subscribe for a blog site?
The account helped me a acceptable deal. I had been a little bit acquainted of
this your broadcast offered bright clear idea
Good information. Lucky me I discovered your website by
chance (stumbleupon). I’ve saved it for later!
Magnificent items from you, man. I have be mindful your stuff prior to and you are simply too magnificent.
I actually like what you’ve obtained right here, certainly like what you are saying and the best
way during which you are saying it. You make it entertaining and
you still take care of to stay it smart. I can’t wait to learn far more from you.
This is really a terrific site.
My brother suggested I might like this web site. He was totally right.
This post truly made my day. You cann’t imagine simply how much time I had spent for this information!
Thanks!
Wow, this post is fastidious, my sister is
analyzing such things, thus I am going to tell her.
I do not even know how I stopped up right here, however
I assumed this submit was good. I don’t recognize who you’re but certainly you are going to a famous
blogger in the event you are not already. Cheers!