Lecture 1

Question 1

What are the three main functions of B/L?

Answer 1

Receipt of goods
Evidence of Contract of Carriage
Document of Title

Question 2

Name the differnet types of C/P?

Answer 2

Bareboat Charter, Time charter, Voyage Charter, Slot Charter, Trip Charter

Question 3

Explain the difference between nautical operation and commercial operation

Answer 3

Nautical Operation: Typically controlled by the owner (e.g., safe navigation, crew management).

Commercial Operation: Typically controlled by the charterer (e.g., cargo handling, routes).

Question 4

What is the traditional distinction between Bareboat, Time, and Voyage C/Ps?

Answer 4

Bareboat: Nautical and commercial operations transferred to charterer.

Time: Nautical operations remain with the owner; commercial operations are with the charterer.

Voyage: Nautical operations are controlled by the owner; commercial operations by the charterer.

Question 5

What are the main differences between a C/P and a B/L?

Answer 5

C/P: Freedom of contract, minimal mandatory law, negotiable terms.

B/L: Subject to mandatory laws (e.g., Hague Visby Rules), serves as a document of title.

Question 6

What is the purpose of a Charter Party (C/P)?

Answer 6

To establish terms and conditions for the use of a vessel for a specified period or voyage.

Question 7

What is the significance of Lickbarrow v Mason (1794)?

Answer 7

Established the concept of the B/L as a document of title that can be transferred by endorsement.