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The Rotterdam Rules and negotiable electronic transport documents in letter of credit business

Bergami, Roberto (2010) The Rotterdam Rules and negotiable electronic transport documents in letter of credit business. In: Knowledge Management International Conference 2010 (KMICe2010), 25-27 May 2010, Kuala Terengganu, Malaysia.

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Abstract

This paper considers the implications of Bills of Lading issued as negotiable electronic transport documents for the maritime international carriage of goods, as proposed by the Rotterdam Rules.The legal usage of paper based documents is considered first.This is followed by discussion of the practical challenges that electronic negotiable Bills of Lading may pose, particularly in the lodgment of electronic records under international letter of credit transactions. The paper concludes that current business practices within the international trade, shipping and banking industries need substantial changes before this type of electronic document can be introduced successfully.

Item Type: Conference or Workshop Item (Paper)
Additional Information: ISBN 978-983-2078-40-1 Organized by: UUM College of Art & Sciences, Unversiti Utara Malaysia
Uncontrolled Keywords: Rotterdam Rules, Letters of Credit, Electronic Negotiable Transport Documents, eUCP, International Carriage of Goods by Sea, BOLERO
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: College of Arts and Sciences
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 01 Jun 2014 08:46
Last Modified: 01 Jun 2014 08:46
URI: https://repo.uum.edu.my/id/eprint/11165

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