ARTICLE · 16 FEBRUARY 2024

Shipping 101: A Practical Guide To Shipping Contracts And Documents

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The events post 2020 saw how critical shipping was to trade and the daily life of consumers and business worldwide.

MalaysiaTransport

Laura Yew Quo Jane

Shipping moves International Trade and the Global Economy. The events post 2020 saw how critical shipping was to trade and the daily life of consumers and business worldwide. Shortages of fries at McDonald's, the disruption of International Trade when the Large Container Ship Ever Given got stuck in the Suez Canal a major route. This article proposes to provide a primer to the various contracts and documents used in International Trade.¹

Shipping Contracts and Documents

Different kinds of contracts and shipping documents are frequently used in the shipping industry to regulate the obligations and interactions of parties engaged in international maritime trade. Typical shipping contracts and documents include charterparty, bills of lading, seawaybills and marine cargo insurance policies.

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