Mate's Receipt

Mate's Receipt

Summary of Mate's Receipt

A document issued by a ship's officer acknowledging receipt of a specific quantity of cargo. A mate's receipt is usually issued only in conjunction with a vessel charter.

(Main Author: William J. Miller)

Mate's Receipt in International Trade

Meaning of Mate's Receipt, according to the Dictionary of International Trade (Global Negotiator): A document issued by the carrier to the shipper, indicating receipt of the goods, but not loading on board. Like a Bill of Lading B/L, a mate's receipt can be either clean or claused/dirt/foul, depending on whether or not the goods have been received in apparent good condition The mate's receipt can later be exchanged for the bill of lading. Mate's receipts are used only for charter shipments. Shipments made on liner terms (where the sip line handles vessel loading an unloading) are covered by dock receipts signed when de goods are delivered to the ship lines terminal.


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