Bill of Lading transportaion how to read a bill

bill of lading

1. BILL OF LADING

2. Contents 01 What is Bill of Lading? 02 Who issues Bill of Lading? 03 When is Bill of Lading issued? 04 How to make Bill of Lading? 05 How many original Bills of Lading? 06 Functions of Bill of Lading 07 Types of Bill of Lading and the differences 08 Flow s of Bill of Lading 09 Solutions on special cases

3. Bill of Lading 01 B/L is a certificate issued by carrier to a shipper-evidencing that the goods in good condition have been received or shipped on board the named vessel; promising to deliver the goods to the named consignee.

4. Who issues B/L 02 Shipping Line: MB/L Forwarder: HB/L

5. When issues B/L 03 Before? After? ON THE DAY THE VESSEL DEPARTS

6. 11. Quantity of Goods 12. Description of Goods 13. Gross weight 14. Measurement 15. Freight & Charges 16. No. Container 17. No. Seal 18. Place & Date of issue 19. Carrier’s signature How to make B/L? 04 1. B/L No. 2. Shipper 3. Consignee 4. Notify Party 5. Name of Vessel 6. Place of Delivery 7. Place of Receipt 8. Port of Loading 9. Port of Discharge 10. No. Of Original B/Ls

7. How many Original B/Ls? 05 3

8. Functions of B/L Receipt of goods Evidence contract of carriage Document of title to the goods 06

9. 07 Types of B/L and differences Whether the goods have been loaded on board vessel Whether there are notes on the B/L Shipped on Board B/L : the carrier has received and loaded the cargoes on board. Received for shipment B/L : the carrier has received the cargoes. Clean B/L : free from any adverse remarks or notations. Unclean B/L : states that either the products or their containers are damaged.

10. 07 Types of B/L and differences Whether the B/L is transferable Straight B/L : issued to a named consignee. To Bearer B/L : the name of a consignee is not mentioned, any holder of the B/L can take goods. To Order B/L : can be transferred to third parties by endorsement. The modes of transport Direct B/L : there is no transhipment. Through B/L : involve s more than one carrier or shipping line. Multimodal/ Combined Transport B/L : involv es a minimum of 2 different modes of transport.

11. Types of B/L and differences Modes of operation and transportation The validity Liner B/L : travels on a scheduled route. Charter Party B/L : issued by the hirer of a ship to the exporter, subject to the contract of hire between the ship’s owner and hirer. Original B/L : signature of carrier, negotiable, transferable Copy B/L : not valid Surrendered B/L : a copy without signature of carrier. 07

12. Types of B/L and differences The time for payment of freight Freight prepaid B/L : All the freight is paid when the B/L is issued by the carrier. Freight to be collected B/L : freight payable at destination. 07 According to the issuer Master B/L : issued by shipping line House B/L : issued by forwarder

13. Flows of Original B/L 08 1/ Shipper gửi B/L trực tiếp cho buyer nếu tiền hàng được thanh toán theo phương thức TTR hay Clean Collection 2/ Shipper nộp B/L vào bank (cùng BTC thanh toán), nếu tiền hàng được thanh toán theo phương thức L/C, CAD, D/P, D/A. Sau đó, bank sẽ giao B/L ra cho buyer theo qui trình thanh toán.

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