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  SWQ_131
19
.01.2009
Meaning of on-board date
Question: Name: KHALED ELTEMTAMY

Can I have an explanation for the following:

Does “On board B/L date” mean?

- the date on which the goods has been loaded on the vessel

- the date on which the vessel left the port of loading

- the actual date of shipment.

Best regards

 
Answer (from Bogdan Ilie) As per UCP600 the on board date is to be considered as being the date of shipment.

If the vessel leaves the loading port on that date or not is another issue.

For some reasons (more or less objective) the vessel may leave the port of loading later than the on board date.


Answer (from Kim Christensen) In general terms I think it should be understood rather literal; i.e. the date the goods are on board the vessel - which may not necessarily be the date the vessel leaves the port.

On the other hand I have the understanding that loading on board the large ocean vessels may well be over more than one day -- and that all bill of lading issued will get the same on board date.

From a banking perspective - this is not really relevant. What is - is that the B/L indicated that the goods are loaded on board ...