Document background
A True Bill of Lading is a fundamental document in international maritime trade, particularly crucial under Singapore's robust maritime legal framework. This document type is used when parties require a negotiable instrument that can transfer title to goods in transit. The True Bill of Lading serves three essential functions: it acts as evidence of the contract of carriage, confirms receipt of goods by the carrier, and functions as a document of title. Under Singapore jurisdiction, it must comply with the Bills of Lading Act and related maritime legislation, providing security and clarity for international trade transactions.
