Document background
The Linear Bill of Lading is a fundamental document in international maritime trade, used when goods are transported by sea under Swiss jurisdiction. This document type is essential when parties require a negotiable instrument that can transfer title to the goods while in transit. The Linear Bill of Lading includes crucial information such as the identity of contracting parties, description of goods, shipping terms, and vessel details. It is particularly important in letter of credit transactions and international trade where the buying and selling of goods in transit is common. The document must comply with Swiss federal legislation, including the Swiss Code of Obligations and maritime regulations, while also adhering to international conventions such as the Hague-Visby Rules. Its negotiable nature distinguishes it from other transport documents and makes it a vital tool in international trade finance.
