Illegal activity in the issuance of negotiable documents in the carriage of goods by sea – do the existing legal regimes provide sufficient protection for the participants?
In the carriage of goods by sea most of the times there are three parties involved - the carrier, the shipper and the consignee. Due to the fact that more often than not they are unrelated to each other, such a relationship presupposes the use of fraudulently issued bills of lading. The purpose of this paper is to discuss the existing legal regimes governing the use of bills of lading and the way