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  • Bill of Lading

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    Mohammad Saleh Musa
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    A Bill of Lading (BOL) is a document issued by a carrier to a shipper that details the type and quantity of goods being transported. It serves as a receipt of goods, a contract of carriage, and title to the goods. The BOL contains information such as identifying marks, names of shipper and consignee, ports of shipment and discharge, and payment terms. There are different types of BOLs including straight, memo, and express depending on negotiability and documentation requirements.

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    A Bill of Lading (BOL) is a document issued by a carrier to a shipper that details the type and quantity of goods being transported. It serves as a receipt of goods, a contract of carriage, and title to the goods. The BOL contains information such as identifying marks, names of shipper and consignee, ports of shipment and discharge, and payment terms. There are different types of BOLs including straight, memo, and express depending on negotiability and documentation requirements.

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    21 views2 pages

    Bill of Lading

    Uploaded by

    Mohammad Saleh Musa
    A Bill of Lading (BOL) is a document issued by a carrier to a shipper that details the type and quantity of goods being transported. It serves as a receipt of goods, a contract of carriage, and title to the goods. The BOL contains information such as identifying marks, names of shipper and consignee, ports of shipment and discharge, and payment terms. There are different types of BOLs including straight, memo, and express depending on negotiability and documentation requirements.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    Bill Of Lading (BOL):

    Bill Of Lading (BOL) It is a major document if the goods are dispatched by sea. The document represents: 1. A formal receipt for the goods 2. The evidence of the contract of carriage of the goods between the shipper of the goods and the shipping company 3. The document of title to the goods

    A bill of lading may include the following details:

    identifying marks and numbers, if any the name of the carrying vessel evidence that the goods have been loaded on board the ports of shipment and discharge the names of shipper, consignee (if not made out "to order"), and name and address of the "notifies" party if any whether freight has been paid in advance or is payable at destination the number of original bills of lading issued the date of issue the departure date of carrying vessel or aircraft

    Types of B/L STRAIGHT BILL O LADING

    MEMO BILL OF LADING

    NON NEGOTIABLE BILL OF LADING. CONSIGNED DIRECTLY TO IMPORTER. CONSIGNED DIRECTLY TO THIRD PARTY. NEEDED FOR DOCUMENTSAND. REVENUE PURPOSE.SHORT SHIPMENT AND ADVANCE.

    EXPRESS BILL OF LADING

    NON NEGOTIABLE OF LADING. CONSIGNED DIRECTLY TO THIRD PARTY. HARD COPY IS NOT REQUIRED BY SHIPPER.

    SHIPPING TERMS Consignee The person whose name appears on the bill of lading or airway bill as the party to whom the goods are to be delivered by the carrier. FCL (full container load) A fully loaded container which may be in weight or cubic measurement terms, contracted by one shipper, and conveyed to one consignee and to one destination. LCL (less container load) A consignment of cargo which does not fill a full container, grouped with other consignments for the same destination. Shipper This is the person whose name appears on the bill of lading or airway bill as the party who has contracted the carrier to dispatch the goods. Shipping Marks These are marks essential to identifying cargo and linking that cargo with specific documents. Because these marks are important as identifiers, the marks and numbers should be as simple as possible. Shipping marks include the abbreviated name of buyer, reference number, destination, package number, and container number (if applicable).

    Garment on Hangers (GOH) The garments are packed into the container on hangers.

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