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What do you know about bill of lading?

source: Worth Cargo   2023-09-19 18:24:46  
You must understand the basic knowledge and attention points
1. The bill of lading is usually 3 straight and 3 pairs, but there are also 2 straight and 3 pairs. If required by the L/C, special instructions should be given to the forwarder.
When T/T payment method, in theory, only one original is required (the other originals are automatically invalid after picking up the goods, and the copies cannot be picked up), after T/T receives the full payment, it can consider leaving one original for itself when sending the original to the customer, and send all the others to the customer (so as not to lose the bill of lading in the mail).
2. The carrier (full name) should be displayed on the front of the bill of lading. This is what I know. Actually, when I made the L/C, the bank told me that the bill of lading did not show the carrier's safe delivery of documents and collection of money (so in theory it should be shown).
The lower right corner of the front showing the carrier is directly stamped and signed by the carrier company.
Where the carrier is not shown on the front and is signed by the carrier, the identity of the signatory is indicated at the time of signing the bill of lading.
A bill of lading bearing the full name of the carrier on the front but signed by the carrier shall indicate the identity of the carrier at the time of signature.
3. On board and ready for shipment on board bills of lading:
On board bill of lading: Bill of lading issued after the goods have been shipped.
Pre-shipment on board Bill of lading: A bill of lading issued when the goods are not loaded only represents the carrier in charge of the goods delivered by the shipper, so the bill of lading cannot prove the time of shipment of the goods (the date of the pre-shipment on board bill of lading is not the date of shipment).
It can only be changed to an on board bill of lading when it is stamped "on board" and indicates the time of shipment.
4. The bill of lading shall not have unclean remarks.
5. The consignee and notifier of the bill of lading must fill in strictly in accordance with the L/C.
6. Issue, date and number of copies of the Bill of Lading: The bill of lading must be issued by the carrier or the Master or their agent and shall clearly indicate the identity of the issuer. Common expressions are: CARRIER, CAPTAIN, or "AS AGENT FOR THE CARRIER: XXX", etc.
7. If the name of the shipping company (carrier) is printed on the bill of lading, the freight forwarder will generally mark it as agent for the carrier. If the name of the shipping company is not printed on the bill of lading, it is necessary to have the seal and signature of the shipping company (your ticket should be signed by the carrier).
8. Discrepancies between the credit and the bill of lading: the carrier is not shown on the bill of lading. Check it out, and the official explanation goes like this: In accordance with article 23, paragraph 1, of the Uniform Customs and Practices for Documentary Credits, a sea bill of lading must bear the name of the carrier on its face and be signed or otherwise certified by the carrier or by a named agent or representative of the carrier or by the master or by a named agent or representative of the master.
9. Different issuers of bills of lading can be divided into: FREIGHT FORWARDER B/L refers to the bills of lading issued by transportation companies engaged in the international transportation of goods but not owning ships. The ORIGINAL BILL OF LADING, commonly known as the sea bill.
Classification of bill of lading
There are three types of bills of lading:
One is straight B/L, which is a bill of lading that lists the name of the consignee. China's Maritime Law stipulates that the registered bill of lading cannot be transferred, and the carrier must deliver the goods to the consignee specified in the bill of lading.
The bearer bill of lading is not widely used in international maritime trade, and is generally only used when transporting personal belongings and exhibitions. (The first TT consignee is directly the name of the customer, unaware of the potential danger: in the absence of payment protection, do not do a registered bill of lading.)
In many countries, the consignee of the registered bill of lading can take delivery without the bill of lading, so the bill of lading has actually lost the control of the cargo rights. Just like the air waybill, the consignee can take delivery of the goods with proof. Even if it is a letter of credit settlement, the issuing bank is unwilling TO accept the registered bill of lading, so the general letter of credit is stipulated as: TO ORDER such a blank title of the bill of lading, thereby controlling and grasping the right to the goods.
Therefore, it is not only one-sided to remember the non-transferable characteristics of the named bill of lading, but also remember that "the consignee of the named bill of lading can take delivery without the bill of lading, so the bill of lading has actually lost the role of the right to cargo." This is a crucial point! The concept must be remembered comprehensively, so as not to bring errors and losses to the work. Therefore, if only 30% of the payment is collected, and it is the payment method of 70% after T/T, and the specified consignee bill of lading is made, that is, the named bill of lading, once the customer's reputation is not good and does not pay, it will be possible to encounter the situation of payment and goods. Of course, if you have confidence in the customer and have confidence in the collection, it is a different matter.
The second is Open B/L (Blank B/L, Bearer B/L), that is, the name is not listed in the consignee column of the bill of lading. Such bills of lading are negotiable without endorsement and the carrier releases the goods against documents.
Bearer bill of lading does not show the name of the consignee, whoever holds the bill of lading, can take delivery of the goods to the carrier, the carrier delivery is against the document rather than the person.
the bill of lading is marked in the consignee's column: To the order
The third is the order bill of lading, that is, the bill of lading in which the goods are delivered according to the instructions of the instructor specified in the bill of lading. It is a bill of lading commonly used in current international trade.
1. Subject to bank instructions. That is, the consignee field of the bill of lading is filled in as "to the order of xx Bank".
2. As instructed by consignee. That is, fill in the consignee field of the bill of lading as "to the order of A.B.C. Co. Ltd".
3. As instructed by shipper. That is, the consignee field of the bill of lading is filled in as "to the order of shipper", and the shipper endorses the bill of lading in blank. Such bills of lading may also be endorsed to the letter of credit. The consignee may also not make an endorsement, in which case only the shipper may take delivery, i.e. the seller retains title to the goods.
The so-called delivery of goods without a document refers to the carrier's failure to deliver the goods with the original bill of lading.
At present, for the order bill of lading and bearer bill of lading, the carrier must release the goods with the original bill of lading, the carrier does not release the goods with the original bill of lading, no matter which party the goods are released to, the legal holder of the original bill of lading can pursue the liability of the carrier for breach of contract. This point is unified in our maritime judicial practice. But in the case of a registered bill of lading, if the carrier fails to deliver the goods to the bearer in the original bill of lading, can the lawful holder of the registered bill of lading claim liability against the carrier for breach of contract? At present, there is a negative tendency in both theory and practice.
To sum up, the domestic shippers should be fully aware of the dangers of the registered bill of lading, and can not freely agree to the trade buyer's request to issue a registered bill of lading with its consignee, so as to ensure that in the case of blocked exchange settlement such as letters of credit, the carrier will be held liable for breach of contract.
Form of bill of lading issue
1. Telex release: Original "Telex release Guarantee" is required.
The letter of guarantee is to issue a statement saying what things to put in this batch of goods to your customers, and then stamped the official seal below, to the freight forwarder, the rest is not to worry about. (Of course, the premise of telex release is safe collection! Generally, TT receives the money before telex release), bill of lading confirmation, shipment, waiting for the freight forwarder to return the copy of the bill of lading, and then pass it to the customer.
2. Separate order: 3-4 days after departure (when the customer orders the same container with us and other factories, for convenience and safety, you can separate the bill of lading and send it to the customer separately.)
3. Combination: same as above
4. Off-site release: to be approved by the shipping company.
Today, we will continue to talk about other issues of the bill of lading next time, please continue to pay attention to Shanghai Woshi International Freight Forwarding Co., LTD.!