RULE 3 - Delivery of cargo against an indemnity

  • Date: 03/08/1997

One of the agent's options, when the original bill of lading is not available, is to deliver against a letter of indemnity.  The indemnity does not relieve the carrier of liability to the cargo owner.  It only provides for compensation for amounts which the carrier may have to pay to the holder of the original bill of lading. 

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