{"id":3790,"date":"2022-12-01T16:17:42","date_gmt":"2022-12-01T16:17:42","guid":{"rendered":"https:\/\/shaoke.com\/?post_type=glossary&#038;p=3790"},"modified":"2022-12-13T15:05:34","modified_gmt":"2022-12-13T15:05:34","slug":"letter-of-indemnity-loi","status":"publish","type":"glossary","link":"https:\/\/shaoke.com\/zh\/glossary\/letter-of-indemnity-loi\/","title":{"rendered":"Letter of Indemnity (LOI)"},"content":{"rendered":"<p>A Letter of Indemnity (LOI) is a document provided by the shipper stating that the shipper will take responsibility for any harm or loss caused by a breach of contract.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">What is a Letter of Indemnity (LOI)?\u00a0<\/h2>\r\n\r\n\r\n\r\n<p>A Letter of Indemnity (LOI) is a document contractually obligating the shipper to take responsibility for any loss or damage resulting from a breach of contract (like the terms and conditions of a\u00a0bill of lading).<\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\">When is an LOI necessary?<\/h3>\r\n\r\n\r\n\r\n<p>Flexport will require an LOI if the consignee is receiving cargo without the presentation of an\u00a0endorsed original bill of lading; i.e. if the shipment is released with a telex release. The LOI confirms that Flexport can release the goods to the consignee without the original bill of lading. \u00a0<\/p>\r\n\r\n\r\n\r\n<p>Ocean carriers may also require an LOI for some shipments containing\u00a0lithium batteries.<\/p>","protected":false},"excerpt":{"rendered":"<p>A Letter of Indemnity (LOI) is a document provided by the shipper stating that the shipper will take responsibility for any harm or loss caused by a breach of contract. What is a Letter of Indemnity (LOI)?\u00a0 A Letter of Indemnity (LOI) is a document contractually obligating the shipper to take responsibility for any loss [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"template":"","meta":{"_acf_changed":false,"_angie_page":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"categories":[132],"tags":[],"class_list":["post-3790","glossary","type-glossary","status-publish","hentry","category-l"],"acf":[],"_links":{"self":[{"href":"https:\/\/shaoke.com\/zh\/wp-json\/wp\/v2\/glossary\/3790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shaoke.com\/zh\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/shaoke.com\/zh\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/shaoke.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"wp:attachment":[{"href":"https:\/\/shaoke.com\/zh\/wp-json\/wp\/v2\/media?parent=3790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shaoke.com\/zh\/wp-json\/wp\/v2\/categories?post=3790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shaoke.com\/zh\/wp-json\/wp\/v2\/tags?post=3790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}