Clean Bill of Lading

Clean Bill of Lading

A bill of lading bearing no findings of damage or shortage.

Clean Bill of Lading

A bill of lading indicating that there is no damage to or loss of the goods during transport. A bill of lading is a document in which the parties agree to ship a good to a certain location and also serves as the receipt upon arrival at the destination. Most banks or other institutions financing the shipment will only accept clean bills of lading. See also: Foul Bill of Lading.
References in periodicals archive ?
The seller is responsible for loss or damage until goods have been placed in or on the conveyance at loading point and a clean bill of lading or other transportation receipt has been furnished by the carrier.
Cost and Freight (C&F)-The seller quotes a price including the cost of transportation to the designated point, provides a clean bill of lading and assumes responsibility for any expense, loss or damage until the goods are in the custody of the ocean carrier.
Essentially, the order bill demonstrates that the seller performed its obligation to deliver to the buyer by virtue of the goods crossing over the rail of the vessel at the port of shipment, and this was evidenced by the carrier issuing a clean bill of lading.
Yet, the fact that a clean bill of lading was issued and the goods arrived damaged is sufficient reason to shift the burden to the shipowner who then must prove that the damages occurred due to circumstances beyond his control.
The order bill demonstrates that the seller performed his/her obligation to deliver to the buyer by virtue of the goods crossing over the rail of the vessel at the port of shipment and so evidenced through the issuance of a clean bill of lading by the carrier.