Circulars

IG Standard Form Letter of Indemnity - delivery of cargo without production of Bills of Lading

Monday, 20th December 2010

This circular informs Members of the decision in the English Commercial Court in the case of Farenco Shipping Co Ltd -v- Daebo Shipping Co Ltd (the 'Bremen Max', '), and the Group's recommendations that Members take two further precautions if they choose to accept a Letter of Indemnity for delivery of cargo without production of the original bill of lading.

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