Ocean Bill of Lading or Marine Bill of Lading(B / L) is a transport document by sea signed by the competent person to the shipper after the cargo has been received for loading or has been loaded onto the ship. Bill of Lading is a document issued by the shipping company or his agent acknowledging the receipt of cargo to carry.
Bill of Lading LOGO Concept: Ocean Bill of Lading or Marine Bill of Lading(B / L) is a transport document by sea signed by the competent person to the shipper after the cargo has been received for loading or has been loaded onto the ship Bill of Lading is a document issued by the shipping company or his agent acknowledging the receipt of cargo to carry Main functions of Bill of Lading LOGO It has three main functions First, it is a document of title to the goods described in the bill of lading Secondly, it is a receipt for the shipped products Finally, the bill of lading represents the agreed terms and conditions for the transportation of the goods Bill of Lading LOGO Scope of use: For sellers: • B / L proof of fulfillment of the delivery obligations B / L is an indispensable document when making payment order For buyers: • Based on B / L to check if the seller has fulfilled the delivery obligation • Use B / L to receive goods • Use B / L to transfer, buy and sell goods Bill of Lading LOGO Scope of use: For carriers: • After delivery and receipt of the original B / L, the carrier is deemed to have fulfilled his carriage obligation • B / L is a basis for resolving disputes over value, quantity, quality of freight Bill of Lading LOGO Scope of use: Other cases: • • • B / L is an important document used in resolving disputes, complaints and lawsuits between related parties B / L is a document in the claim file (insurance) B / L is also a document to be used when completing procedures, customs declaration Bill of Lading LOGO Form of B / L: Size, color: usually A4 size The original can print front and back colors Copy is usually printed with black ink on the front, the back is empty Front view: very diverse, depending on the design of the shipping lines Title: it does not determine the type of bill of lading and mode of transport To understand these two issues, it is necessary to base on specific content on B / L Some titles of bills of lading Bill of Lading Ocean Bill of Lading Marine Bill of Lading Sea Bill of Lading Liner Bill of Lading Port to Port Shipment Bill of Lading Through Bill of Lading LOGO Some titles of bills of lading LOGO Bill of lading used for multimodal transport (or combined transport) and sea transport from port to port:: Bill of Lading for Combined Transport Shipment or Port to Port Shipment Bill of Lading for Multimodal Transport Shipment or Port to Port Shipment Some titles of bills of lading LOGO Multipurpose bill of lading: Bill of Lading or Sea waybill for Combined Transport Shipment or Port to Port Shipment Bill of Lading – Not Negotiable unless consigned to order FIATA Bill of lading (Fédération Internationale des Associations de transitaires et Assimilés): Negotiable FIATA Combined Transport Bill of Lading Types of Bill of Lading(10 types) LOGO (1) Received for Shipment B/L: A shipping company issues it when goods have been given to the custody of the shipping company, but they have not been placed on board (2) On Board Shipped B/L: The shipping company certifies that the cargo has been received on board the ship 10 MKT417 LOGO (3) Clean B/L: It indicates a clean receipt In other words, it implies that there has been no defect in the apparent order or condition of goods at the time of receipt or shipment of goods by the shipping company (4) Claused or Dirty B/L (Unclean B/L): It shows that the B/L is qualified which expressly declares a defective condition of goods By superimposing this type of clause, the shipping company is limiting its responsibility at the time of delivery of goods, at the destination It is very important to note that bank accepts only a clean B/L at the time of negotiation 11 LOGO (5) Transshipment or Through B/L: When the journey covers several modes of transport from the place of starting to the place of destination, this type of B/L is taken It indicates that transshipment would be en route For example, part of the journey is by ship and the rest of journey may be by road, rail and air (6) Stale B/L: According to international commercial practice, B/L along with other documents must be presented to the bank not later than twenty one days of the date of shipment as given in the B/L 12 LOGO (7) To Order B/L: In this case, the B/L is issued to the order of a specified person (8) Charter Party B/L: It covers shipment on a chartered ship (9) Freight paid B/L: When the shipper pays the freight, then this type of B/L is issued with the words “Freight paid” (10) Freight Collect B/L: When the freight on the B/L is not paid and to be collected at the point of destination, it is marked “Freight Collect” and this B/L is known as “Freight Collect B/L” 13 LOGO LOGO LOGO Bill of Lading Content of Bill of Lading Tiêu đề B/L Số B/L (B/L No.) Tên hãng chuyên chở (Shipping Company) Người gửi hàng (Shipper) Người nhận hàng (Consignee) Bên thông báo (Notify Party) LOGO Bill of Lading LOGO Content of Bill of Lading Nơi nhận hàng để chở (Place of Receipt) Cảng bốc hàng (Port of Loading) Cảng dỡ hàng (Port of Discharge) 10 Nơi giao hàng (Place of Delivery) 11 Tên tàu & số hiệu chuyến tàu (Vessel & Voy No.) 12 Số lượng vận đơn gốc (Number of Original B/L) Bill of Lading LOGO 13 Ký mã hiệu & số hiệu hàng hóa (Marks & Numbers)) 14 Số lượng mơ tả hàng hóa (Number & kind of Packages: Description of Goods) 15 Trọng lượng bì (Gross Weight) 16 Thể tích (Measurement) 17 Tổng số container kiện hàng ghi chữ (Total No of Containers or Packages in words:) LOGO Bill of Lading 19 Chi tiết cước phí loại phí khác (Freight details, Charges) 21 Ngày nơi phát hành B/L (Place and Date of Issue) 22 SHIPPED on Board the Vessel Date: By: (signed) Xác nhận ngày hàng bốc lên tàu 23 Người phát hành vận đơn ký tên (Signature) SIGNIFICANCE OF BILL OF LADING LOGO Importance to the Exporter It is an acknowledgment from the shipping company that the goods have been received for the purpose of shipment After receipt of B/L, it helps him to send the shipping advice to the importer If any damage occurs to the cargo during transit, he can hold the shipping company responsible, if he has received clean bill of lading A copy of bill of lading is required to be attached to the application form to claim the incentives It is a contract of carriage between the exporter (shipper) and the shipping company 21 MKT417 SIGNIFICANCE OF BILL OF LADING(cont ) LOGO Importance to the Importer It is a document of title to the goods, which enables him to transfer the title by endorsement and delivery The exporter can send a non-negotiable copy of B/L as advance intimation of shipment to the importer It enables him to pay the freight amount as the B/L contains freight details 22 MKT417 SIGNIFICANCE OF BILL OF LADING(cont ) LOGO Importance to the Shipping Company It helps the shipping company to collect the freight amount from the exporter (CIF contract) or importer (FOB contract) Shipping company can protect itself from the wrongful claims of exporter/importer by incorporating condition of goods/packaging, at the time of receipt In case the shipping company, inadvertently, omits to mention the adverse condition, at the time of receipt, advantage can be claimed by exporter/importer, by submitting wrongful claim 23 MKT417 ... titles of bills of lading Bill of Lading Ocean Bill of Lading Marine Bill of Lading Sea Bill of Lading Liner Bill of Lading Port to Port Shipment Bill of Lading Through Bill of Lading. .. Port Shipment Bill of Lading for Multimodal Transport Shipment or Port to Port Shipment Some titles of bills of lading LOGO Multipurpose bill of lading: Bill of Lading or Sea waybill for Combined... Finally, the bill of lading represents the agreed terms and conditions for the transportation of the goods Bill of Lading LOGO Scope of use: For sellers: • B / L proof of fulfillment of the delivery