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BILL OF LADING &
INCO TERMS
BILL OF LADING
 A Bill of Lading (B/L) is a document issued by carrier which
details a shipment of merchandise and gives title of that
shipment to a specified party.
 It is also a receipt for cargo accepted for transportation, and
must be presented for taking delivery at destination.
It includes
 Shipper/Buyer
 Container Details
 Port of Loading/ Port of Destination
 Goods Description
TYPES OF BILL OF LADING
Two types of Bill of lading
 Negotiable Bill of Lading
 Non negotiable Bill of Lading
NEGOTIABLE BILL OF LADING
 Negotiable Bill of Lading is the Original copy of Bill of lading
requires to release the cargo from the buyer’s side
 3 copy of Master B/L needed to release the cargo
 Original Bill of Lading.
NON-NEGOTIABLE BILL OF LADING
 In Non-negotiable bill of lading there is no need for original
Bill of Lading
 Consignee can submit the scan copy of Bill of Lading to
release the container.
 Bill of lading copy, stamp, authorization letter required to
release the cargo
Non-Negotiable Bill of Lading
 Seaway
 Telex
 Surrender
 Express

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Bill of lading

  • 1. BILL OF LADING & INCO TERMS
  • 2. BILL OF LADING  A Bill of Lading (B/L) is a document issued by carrier which details a shipment of merchandise and gives title of that shipment to a specified party.  It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at destination. It includes  Shipper/Buyer  Container Details  Port of Loading/ Port of Destination  Goods Description
  • 3. TYPES OF BILL OF LADING Two types of Bill of lading  Negotiable Bill of Lading  Non negotiable Bill of Lading
  • 4. NEGOTIABLE BILL OF LADING  Negotiable Bill of Lading is the Original copy of Bill of lading requires to release the cargo from the buyer’s side  3 copy of Master B/L needed to release the cargo  Original Bill of Lading.
  • 5. NON-NEGOTIABLE BILL OF LADING  In Non-negotiable bill of lading there is no need for original Bill of Lading  Consignee can submit the scan copy of Bill of Lading to release the container.  Bill of lading copy, stamp, authorization letter required to release the cargo
  • 6. Non-Negotiable Bill of Lading  Seaway  Telex  Surrender  Express