Can I have an explanation for the following:

On board B/L date means the date through which goods have been loaded on the vessel or it means the date on which the vessel left the port of loading or the actual 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.

Best regards,

Bogdan.

Good question in fact :-)

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 bills 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 ...

I suggest you further ask a transport expert.

Best regards

Kim