UCP 600 Transport Documents (2nd edition) (2015)
Back by popular demand, trade finance expert Kim Sindberg has fully re-written his “UCP 600 Transport Documents” book. The newly released Second Edition of “UCP 600 Transport Documents” takes into account ISBP 745, recent ICC Official Opinions, and significant technical changes to how transport documents are impacting practice, including:
• Definition of shipping company;
• The non-negotiable sea waybill was introduced to the ISBP;
• New practice in choosing between bill of lading (Article 20) and multimodal transport document (Article 19);
• The meaning of “Freight Forwarder’s bill of lading is not acceptable”;
• How to handle transport documents issued/signed by the “branch of the carrier”;
• That IATA codes cannot be used to identify the carrier;
• What kind of on-board notation is required when the first leg of a multimodal transport document – as required by the documentary credit – is a sea leg;
• Whether or not a “delivery agent at port of discharge” must have its address at the port of discharge.
Allow one of the world’s leading experts to steer you clear of a rough experience with “UCP 600 Transport Documents”.
Currently active as a trade finance consultant, Sindberg has dealt with countless situations and scenarios during more than 20 years combined experience as a banker and freight forwarder.
In his book, Sindberg shares insight and offers recommendations to assist specialists in reducing refusals of transport documents presented under documentary credits.
What did the readers say:
Best Trade Solution reviewed the book on their website. The review includes the following statement: ““UCP 600 Transport Documents” is a must read book and close companion for document examiners, exporters, importers and transport companies issuing documents to be presented under an LC. “Take a look at the full review here”
Those who are involved with international payment operations would need the book.”
Nguyen Huu Duc,
Manager, Bank for Foreign Trade of Vietnam.
“As naming myself as an “old hand” within the area named Trade Finance – probably starting up within Trade Finance before Kim was born (almost at least ) – I must admit to be very impressed of this “ Trade Finance Bible, “ which according to my humble opinion is fully ranking with the books prior published by Reinhard Längerich, Hardy Rechnagel etc.
The main reason for my deep praise is the fact that Kim’s book is not “only “ a perfect description of the purpose of the individual transport documents, but also a great work of commercial literature, including quite a few practical examples and, as a perfect combination, also including a lot of in-depth knowledge related to the freight forwarding business.
I must admit even with an experience of 40 years within Trade Finance I have expanded my knowledge within this area, based on Kim’s book which I recommend to all colleagues within this challenging area named Trade Finance.”
Senior Specialist, Trade Finance