Document background
The Tanker Bill of Lading is a specialized maritime transport document essential for the shipment of liquid cargo via tanker vessels. It operates under Malaysian law, particularly the Carriage of Goods by Sea Act 1950 and the Merchant Shipping Ordinance 1952, while incorporating relevant international maritime conventions. This document is required whenever liquid cargo is transported by sea, providing crucial details about the cargo's quantity, quality, and condition at loading, along with terms of carriage and delivery instructions. It serves three vital functions: as a receipt confirming cargo loading, as evidence of the contract of carriage, and as a transferable document of title enabling cargo sales during transit. The document is particularly important for international trade financing, often being required for letter of credit transactions and cargo insurance purposes.
