FOR EDUCATION PURPOSE ONLY

1. BILLS OF LANDING

2. • A bill of lading (BL or BoL) is a legal document issued by a
carrier (transportation company) to a shipper that details the
type, quantity, and destination of the goods being carried. A bill
of lading also serves as a shipment receipt when the carrier
delivers the goods at a predetermined destination.

3. • term “bill”, it is defined as a printed or written statement of the
cost for the goods or services delivered or delivered. The term
“lade” means to put the cargo onto a ship or other form of goods
carrier.
• Land, ocean and air transport are the modes that use lading
bills. Like the inland bills of lading for goods transported via
roadways or railways, a bill of lading in shipping records the
traded goods received on board. It is a document that
establishes an agreement between a shipper and
a transportation company for the transportation of goods.

4. What is in a bill of lading?
• Typically, a bill of lading will include the names and addresses
of the shipper (consignor) and the receiver (consignee),
shipment date, quantity, exact weight, value, and freight
classification. Also included are a complete description of the
items, including whether they’re classified as hazardous; type of
packaging used; any specific instructions for the carrier; and
any special order tracking numbers.

5. The Importance of Bills of Lading
A bill of lading has three main purposes:
First, it is a document of title to the goods described in the bill of
lading.
Second, it is a receipt for the shipped products.
Finally, it represents the agreed terms and conditions for the
transportation of the goods.

6. Types of Bills of Lading
• There are several types of bills of lading. Some of the most common
include:
• Inland bill of lading
• Ocean bill of lading
• Through bill of lading
• Negotiable bill of lading
• Nonnegotiable bill of lading
• Claused bill of lading
• Clean bill of lading
• Uniform bill of lading
*Choosing the appropriate bill of lading is essential. For example, doing so
can either prevent delivery delays or help locate goods that get lost during
transport

7. Types of BL
There are several types of bills of lading. Some of the most common include:
*Choosing the appropriate bill of lading is essential. For example, doing so can either prevent
delivery delays or help locate goods that get lost during transport

8. Types of BL
House Bill of Lading
• The freight forwarder or NVOCC (Non-Vessel Operating
Common Carrier) operator issues a House Bill of Lading. The
“consignor” is the actual seller/sender/exporter in this
document, whereas the “consignee” is the actual
buyer/receiver/importer. This Bill of Lading, like all others,
includes information about the goods, carrier, and destination.

9. Master Bill of Lading
• The shipping line or carrier issues the Master Bill of Lading. It's
also known as an Ocean Bill of Lading or a Carrier Bill of
Lading. The cargo and carrier details in the Master BL must be
similar to those in the House BL, with one exception. The
“consignor” in the Master Bill of Lading is the actual seller's
agent, freight forwarder, or NVOCC, while the “consignee” is the
actual buyer's agent, freight forwarder, or NVOCC. Shippers
can choose whether or not to use a Master BL to move
shipments directly.

10. Master Air Waybill Of Lading
• Airline bills of lading, known as Master Airway Bills (MAWBs),
are generated by airlines or freight forwarders. Except where
the goods are consigned ‘To Order,' they are non-negotiable
paperwork. This usually signifies that the shipment was
negotiated through a bank, in which case a release from the
bank would be required before the goods could be released by
the carrier.

11. Seaway bill
• A Seaway bill, also known as an Express Release Bill of Lading
or a Straight Bill of Lading, is not a Bill of Lading in the
traditional sense. It's comparable to a Bill of Lading in that it
serves as both a receipt and a contract of carriage. The most
significant distinction is that it is not a title document. When the
shipper and the owner of the goods have a high level of trust, a
Seaway bill is utilized.

12. Straight Bill of Lading
• When a customer pays in full for a shipment in advance, a
Straight Bill of Lading is issued, granting the customer the ability
to receive the shipment directly. It does not grant the endorsee
any better rights than those given to the endorser. Also known
as a non-negotiable bill of lading, it may be considered unsafe
from a banker’s point of view.

13. Order Bill of Lading
• The most prevalent type of Bill of Lading is this one. It is a
negotiable instrument, unlike the Straight Bill of Lading, that
permits the consignee mentioned in the document to relinquish
their right to receive the goods to a third party.

14. Clean Bill of Lading
• The carrier issues this Bill of Lading after inspecting the items. The
document certifies that the shipment arrived in good condition, in the
correct quantity and packaging, and that no damage occurred during
transportation. It is provided by the shipper or its agents and does
not bear any attestation regarding the defective nature of the goods
on board.
*For more information:
https://www.linkedin.com/pulse/bill-lading-types-functions-mahalxmi-
logistics/

15. Function of Bills of Lading
• Evidence of a contract between the shipper and the carrier -
Proof that the parties have reached an agreement.
• The Buyer receives the goods after validating the title of
commodities at the port.
• The bill of lading confers prima facie title over the goods to the
named consignee or lawful holder.
• A receipt stating that the products were loaded - The receipt is
usually verified by the ship's master/captain and forwarded to
the seller's agent.

16. Example Bills Of Lading