Articles under Bill of Lading

Terms used in trade such as Income Baskets,Income redistribution,Income Tax,Incubator,Indict ,Indirect cost etc.

 The information provided here is part of Import Export online Training   Terms used in business such as Income Baskets,Income redistribution,Income Tax,Incubator,Indict ,Indirect cost etc .     This post explains about terms used in business such as Income Baskets,Income redistribution,Income Tax,Incubator,Indict ,Indirect cost,Indirect Tax,Industrial Action, Industrial Tribunal,Industrialist etc.These terms used in international business are arranged i

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STALE BILL OF LADING What does it mean?

 The information provided here is part of Import Export Training course online // STALE BILL OF LADING What does it mean?   When does a Bill of Lading become Stale? I have written a couple of articles  in this web blog in detail about the importance of Bill of Lading, it’s function and mechanism in international business.   Now, let us discuss about Stale Bill of Lading (Stale BL). What is Stale Bill of

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Clean On board Bill of Lading Vs. Shipped On board Bill of Lading

  The information provided here is part of Export import business Course online Difference between Clean On Board Bill of Lading and Shipped On Board Bill of Lading.   One of the readers of this web blog requested recently to explain the term Clean On Board Bill of Lading and Shipped on board Bill of Lading.   This is one of the common doubts among the traders to differentiate Shipped on Board Bill of Lading and Clean On Board Bill of Lading. 

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Can Original Bill of lading be surrendered under DP terms of payment

 The information provided here is part of Guide on howtoexport and import    Can Original Bill of lading be surrendered under DP terms of payment   Can Original Bill of lading be surrendered under DP terms of payment Before find answer, whether OBL can be surrendered under DP terms, let us find out what is DP terms and how DP terms works. D.A.P or D/P terms of payment means, Documents against Payment. Once the cargo shipped, the exporter submits all re

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Can Original Bill of lading be surrendered under LC at sight

 The information provided here is part of Import Export course online   How does original Bill of Lading work in Sight LC   Can Original Bill of lading be surrendered under LC at sight   This is one of the common questions among traders – Can Original Bill of Lading be surrendered under sight LC? Can an exporter release Sea way bill under LC at sight? Is Original Bill of Lading must to be enclosed along with other shipping documents under L

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Can Bill of Lading be surrendered on LC terms

 The information provided here is part of Export Import Online Tutorial Can Bill of Lading be surrendered on LC terms   In a letter of credit, whether an exporter can surrender bill of lading and arrange to send OBL surrender message to release container without insisting for Original bill of lading.   Normally under LC terms, original bill of lading with other documents are submitted with negotiating bank by the beneficiary of letter of credit. The benef

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How to obtain a duplicate BL, if original bill of lading lost.

 The information provided here is part of Export Import Training online How to obtain a duplicate BL, if original bill of lading lost?     What happens if Bill of Lading Lost?   BL lost in courier transit, how to get a new bill of lading. How to reconstruct a missed bill of lading? What are the Procedures to get new Bill of Lading? BL mutilated how to get a duplicate bill of lading in lieu of original bill of lading?     As yo

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Can a Bill of Lading be consigned to a customs broker?

 The information provided here is part of Export Import Training course online   Can an Importer be a Customs brok er?     Can a Customs broker become an importer in Bill of Lading? Can consignee column of Bill of Lading be a Customs House Agent? Can customs broker complete import customs clearance procedures?   This is an interesting article to enlighten some of importers and exporters in international trade about the involvement of customs b

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Can I get bill of lading before loading cargo

The information provided here is part of Online Training Course on howtoexportimport After reading below article, you can also read  3 Reasons under Importance of bill of lading in international trade   Some of the traders need to know whether they can obtain bill of lading before loading cargo in to container. I will say ‘yes’, an exporter can obtain bill of lading before loading container. However, before obtaining bill of lading, the legal export cust

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Can two consignments meant for one buyer be shipped together under one Bill of Lading?

 The information provided here is part of Online export import business guide course     Can two consignments meant for one buyer is shipped together under one Bill of Lading?     This is one of the clarifications from supplier of goods. Can I club two shipments under one bill of lading? If two consignments under one bill of lading or one airway bill means two shipments are put together under one airway bill or one bill of lading. Technically this stat

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Consignee To Order in Bill of Lading

  The information provided here is part of Online export import training guide  ‘TO ORDER’ BILL OF LADING – More facts The term ‘To order’, ‘To the Order’, ‘To the Order of’, ‘To the order of Bank’ in Bill of Lading – These are the general terms mentions in a Bill of Lading/Airway Bill to hold title of goods in international business. If you see a Bill of Lading or Airway Bill where

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How to avoid delay in receiving OBL Original Bill of Lading?

 The information provided here is part of Online Export Import course    Delay in import delivery due to non receipt of OBL   Oh…. This is horrible. After completion of import customs clearance formalities, if you approach carrier to take delivery of goods, you came to know, you do not have Original Bill of Lading with you. As a new importer in international business, you may not know this problem earlier - OBL missing in pouch containing shi

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Amendment of Bill of Lading

 The information provided here is part of Import Export Training online   Correction/amendment of Bill of Lading   How to correct Bill of Lading after submitting to bank? Can a Bill of Lading be corrected after reaching BL at overseas buyer? How to amend a bill lading after its release from shipping carrier?   Procedures and formalities to amend a Bill of Lading:   Carrier issues bill of lading to exporter on receipt of goods for carriage af

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Amendment of shipper details in Bill of Lading

  The information provided here is part of Import Export online Training   // How to amend shipper details in Bill of Lading?       Can a Bill of Lading be amended in shipper column once after issue of BL? How to amend shipper details of Bill of Lading after release of Bill of Lading from shipping carrier? Who can amend Bill of Lading – Issuer of Bill of Lading at port of Loading or his associate office at overseas? &nbs

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How to surrender HBL House Bill of Lading

 The information provided here is part of Import Export Training course online     Procedures to surrender House Bill of Lading   If a shipment is not under the terms of letter of credit or if payment terms are not under DP, some of shippers do not send original bill of lading to buyer but surrender original bill of lading after releasing with carrier.   Surrendering procedures of bill of lading simplifies the mechanism of transportation procedures.O

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Surrender of Bill of Lading Some facts

 The information provided here is part of Export import business Course online   How to surrender Original Bill of Lading?   Procedures to surrender Bill of Lading   What does the term ‘surrender of Bill of lading’ mean? How to surrender original BL? Why is there no original bill of lading along with import shipping documents? What is the advantage of surrendering original bill of lading?   If a shipment is not under the t

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How does Bill of Lading work in Sight LC

The information provided here is part of Guide on howtoexport and import  How does Bill of Lading work in Sight LC     How does Bill of Lading function in Sight Letter of Credit?   In this article let us discuss about the mechanism of Bill of Lading under Sight LC.  How does Bill of Lading work under sight LC? How does bank handle Bill of Lading under LC at sight?   // Letter of credit at sight is one

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How does Bill of Lading work in DP payment terms?

  The information provided here is part of Import Export course online How does Bill of Lading work in DP (DAP) payment terms of exports and imports?   I have discussed in detail about the terms of payment in another article in same website. You may go through the same to have a clear idea about DP term of payment. Here, let us discuss the role of Bill of Lading under DP terms of payment in a sea shipment of export and import. How does a Bill of L

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Can a Bill of Lading (BL) be predated for LC negotiation?

 The information provided here is part of Export Import Online Tutorial Can a Bill of Lading (BL) be predated for LC negotiation?       This is a general query who may ask in the trade of export. Can a Bill of Lading be dated as shipping bill date or after filing shipping bill with customs? The answer is, Bill of Lading can be only issued on or after date of completion of customs formalities. In India, the last formality of completion of custom

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What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day?

 The information provided here is part of Export Import Training online What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day?   The earliest date on Bill of Lading is the date of completion of customs formalities of respective country. As you know, any movement of goods from a country have to be approved by the government of respective country. Customs department is the government agency appointed to regulate

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Can shipping line predate Bill of Lading,What is the earliest date can be mentioned on Bill of Lading.

 The information provided here is part of Export Import Training course online   Can shipping line predate Bill of Lading,What is the earliest date can be mentioned on Bill of Lading. Shipment date under Letter of credit - Can shipping line predate Bill of Lading. Can shipping company mention BL date if shipping bill date obtained from customs? What is the earliest date can be mentioned on Bill of Lading. You have obtained an export order under Letter

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What is Said to weigh in Bill of Lading

 The information provided here is part of Online Training Course on howtoexportimport Said to weigh in Bill of Lading – Some facts.     This is one of the common questions I have been receiving. Why Bill of Lading showing as ‘said to weigh’, what is the meaning of ‘said to weigh’, Why shipping line mentions “said to weigh” etc.   ‘Said to weigh’ – a term you can see on Bill of Lading. What does

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What is Shipper Load, stow and count in Bill of Lading

 The information provided here is part of Online export import business guide course What is Shipper Load, stow and count in Bill of Lading   What is “Shipper’s Load, stow and count” in Bill of Lading. This is one of the common questions I have been receiving. Why Bill of Lading showing as “Shipper’s weight Load and count” , What is the meaning of “Shipper’s weight Load and count” , Why shipping li

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What is said to contain in Bill of Lading.

 The information provided here is part of Online export import training guide  What is said to contain in Bill of Lading.   This is one of the common questions I have been receiving. Why Bill of Lading showing as ‘said to contain’, What is the meaning of ‘said to contain’, Why shipping line mentions “said to contain” etc. You would have seen this term, just below the column ‘description of goods’. A

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Can an importer take delivery of goods without original bill of lading?

 The information provided here is part of Online Export Import course    Can an importer take delivery of goods without original bill of lading?     Import Delivery without original bill of Lading.   This is one of the common doubts among exporters and importers – Can an importer take delivery of goods without producing original bill of lading with carrier? We have learned in other articles in same website that Bill of Lading is a

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What is House BL House Bill of Lading

 The information provided here is part of Import Export Training online What is House BL House Bill of Lading   What is HBL: When your goods have been booked with a freight forwarder by sea, he as a carrier issues receipts of goods which is called House Bill of Lading (HBL). In turn, freight forwarder books the cargo with vessel owner and collects Master Bill of Lading (MBL) or Groupage Bill of Lading. In a Master Bill of Lading, there can be more than one con

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Can Bill of Lading (BL) be before date of Certificate of origin GSP?

 The information provided here is part of Import Export online Training Can Bill of Lading (BL) be before date of Certificate of origin GSP?    Why should Certificate of Origin – GSP – date be before shipment date?   Can BL date be after GSP date? Can GSP and BL date be on same day?   GSP means, Generalized System of Preference, which is issued by Export Inspection Councils. Export Inspection Agency has offices in all ma

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What is Express Release Bill of Lading

 The information provided here is part of Import Export Training course online   What is Express Release Bill of Lading?   Express release BL – What is Express Release Bill of Lading? When does Express release bill of Lading release? Has Express Release Bill of Lading the same value of regular Bill of Lading? Can Express Release Bill of Lading be transferred? Is Express release Bill of Lading used under Letter of Credit transactions? Can goods under Express r

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Can Bill of Lading be surrendered at port of loading?

 The information provided here is part of Export import business Course online     Can Bill of Lading be surrendered at port of loading?   Is original Bill of Lading required, if the amount of export proceeds received in advance?   Bill of lading is issued by carrier (ship owner or his agent) on receipt of goods after completion of customs formalities. Bill of Lading is used as a document of title, proof of receipt of goods, and contract

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Transferability of Bill of Lading

  The information provided here is part of Guide on howtoexport and import      //   Transferability of Bill of Lading   What is transferability of bill of lading? Can a Bill of Lading be transferred?   Why does consignee column show “To Order” or ‘To Order of Bank’, Why does consignee column show as ‘to order’ in LC?   Yes, Bill of lading is a negotiable

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What is charter party bill of lading ?

  The information provided here is part of Import Export course online   What do you mean by Charter party bill of lading?   How does Charter party bill of lading work?   Charter party bill of lading is another type of bill of lading used under sea mode of transport.   If one shipper or a group of shippers arrange to charter their goods to final destination, a vessel is chartered. This chartered vessel is meant

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How transshipment bill of lading works?

The information provided here is part of Export Import Online Tutorial What is transshipment bill of lading? When does transshipment bill of lading release?   Transshipment bill of lading is another type of bill of bill of lading.   Some times, the shipping company (carrier of goods ) may not have direct service from shipper’s place to consignee’s destination. The cargo is transshipped from the intermediate port. In such cases, all transshipm

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What is Combined Bill of Lading / Multi model Bill of Lading

 The information provided here is part of Export Import Training online   // What is Combined bill of lading? How does combined bill of lading work?   Some of the traders in export and industry are confused with this type, Combined Bill of Lading.    As you are aware, all exporters are not situated near seaport or air port. Most of exporters are situated at different locations in inland points of each country. So, governm

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Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading

 The information provided here is part of Export Import Training course online     Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading   Unclean Bill of Lading/Claused Bill of Lading/ Foul Bill of Lading/ Dirty Bill of Lading - You would have heard any of these terms during your career in handling sea shipments. Are Claused bill of lading, Foul Bill of lading, Dirty bill bill of lading and unclean bill of lading same

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What is Clean on board Bill of Lading

 The information provided here is part of Online Training Course on howtoexportimport   What is Clean on board Bill of Lading?     Clean on board Bill of Lading’ – a common term used under sea shipment among business transactions. What is this ‘Clean on board Bill of Lading’. ‘Clean on board bill of lading’ is one of the important documents required under Letter of Credit for the purpose of negotiation or discounting of

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Is Received for shipment Bill of Lading sufficient for LC negotiation?

     The information provided here is part of Online export import business guide course Is received for shipment Bill of Lading sufficient for LC negotiation?     Let us discuss, what is received for shipment Bill of Lading? How does received for shipment bill of lading work?   As I have explained in detail in my previous article, the bill of lading is issued by carrier as a proof of receipt of goods from shipper. The earlies

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Different types of Bill of Lading

 The information provided here is part of Online export import training guide    Different types of Bill of Lading:   What are the various types of Bill of Lading?   The various types of bill of lading  are given below. The details articles about each type of Bill of Lading is written in separate article.  The readers may go through each article to have a good knowledge about Types of Bill of Lading and its functions.  

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3 Reasons under Importance of bill of lading in international trade

 The information provided here is part of Online Export Import course      Importance of bill of lading in International trade     What is Bill of Lading? What is the importance of a Bill of Lading in an Import Export trade?   Bill of Lading is used in Export and Import trade under sea mode of shipments. How does Bill of Lading work in an International Trade?   Let me explain the major 3 importance of Bill of Lading in

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When can an exporter get bill of lading from shipping company?

 The information provided here is part of Import Export Training online When can an exporter release bill of lading from shipping company?   This is one of the common questions in international trade. What is the earliest time to release bill of lading. When can an exporter get bill of lading from carrier? Can an exporter obtain bill of lading immediately up on handing over goods to carrier? Can Bill of Lading be released before movement of goods from factory? C

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