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Accepting Letters of Indemnity: Is it worth the risk?

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  • Accepting Letters of Indemnity: Is it worth the risk?

 pdf ENG   pdf CHN

The provision of letters of indemnity (LOI) by charterers and receivers to carriers is a long-established practice in the shipping industry. It is, in effect, a promise to make good any loss suffered by carriers when following instructions which might breach their contracts of carriage, but it also risks undermining carriers’ P&I cover.

IG Members are increasingly being asked to accept LOIs for non-production of bills of lading at discharge ports. This is perhaps due to greater efficiency in the shipping industry, with vessels frequently arriving before the cargo’s paperwork, particularly if the cargo is traded during the voyage.

See attached file: Accepting Letters of Indemnity – Is it worth the risk.pdf

 

接受保函,值得冒险吗?

租家或收货人向承运人提供保函是航运业长久以来的一种习惯做法。实际上,保函是一种承诺,当承运人遵循了违反运输合同的指示,承运人由此遭受的损失将得到补偿,但是这样做存在使承运人保赔险受到影响的风险。

越来越多国际保赔协会的会员被要求在卸货港接受无单放货保函。这是由于航运业变得越来越高效,船舶总是在货物单证之前到达卸港,特别是贸易在船舶完货开航后才落实的情况下。

详细信息请参阅附件。


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