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 transshipment expenses are met by ship owner or his agent, who accepted the goods at port of loading. When transshipping goods, a bill of lading is issued by the vessel owner or his agent who transship the goods. This is called ‘transshipment bill of lading’. Also read - Is Received for shipment Bill of Lading sufficient for LC negotiation?   What is Clean on board Bill of Lading
Clean On board Bill of Lading Vs. Shipped On board Bill of Lading     What is ‘Combined Bill of Lading’
Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading

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The above information is a part of Import Export Training online

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Comments


Sibi Abraham: My wife can make imitating jewilary (beads and stones) so we are planing to try our luck here so we are planing export it from India small amount (10kg) for starting.I am planing to register exporting company in India so that i can import some goods from India (later) and try to sell it here starting with small amounts and then increasing.Can you give some idea about registration ,rules and regulations(links),risk factors,taxes etc .Iam searching for an cheap and good exporting company (Shipping) for my goods,i had tried DHL they are too expensive can u suggest some company and details

BIJU GEORGE : For ceramic product import at cochin, assessment officer load additional rate than the actual invoice rate for customsduty.Since the advance sales tax to be paid for total increased value, is there any legal possibilty is there to pay the additional duty to customs out side the Bill of entry.so that we can get bill of entry with invoiced value and additional duty separately.Then we need not pay advance tax for increased value. 1) if we import as on brand ,do customs can load additional value for customs. 2) if bring the goods with exclusive agent/patent right ,do customs can load additional value for customs 3) is there any way to make the agreement between supplier & importer ,regarding the rate,so that customs will not charge additional rate loading

nitish: how switch bill of lading works if forwarding agents are included and why they doing sitch the b/L if vessel has a service for final delivery place.. let us an example: if a shipment of france going via Germany...and vessel has a direct service of france then why b/l is switch at Germany...Please understand this concept breifly

PEDRO FOX: definitions of transhipment are mentioned in ICC UCP 500,UCP 600?

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