TYPES OF BILLS OF LADING:

There are Four (4) types of Bills of Ladings and depending on the
trade terms developed between the Shipper (origin) and Consignee
(destination) will determine what type document is needed at time of
release. Below you will find a definition for each type of Bill of Lading
(BOL) and then followed up by the requirement.
The first thing a salesperson has to understand is that the house bills
represent true ownership of the product. Most salespeople assume
because they deal directly with the consignee that we represent them,
when in fact, when dealing with Bills of Lading, we represent the
shipper. The logistics provider must first satisfy the agreement made
between the Shipper (origin) and the Actual Carrier (Airline or Ocean
Carrier). The agreement is done by completing the necessary bills of
lading and finally transferring them to the consignee.
NAME OF CARRIER
SHIPPER INFO
CONSIGNEE INFO
NOTIFY PARTY
INFO
VESSEL NAME
PLACES OF RECEIPT, LOADING, DISCHARGE
AND DELIVERY BY THE CARRIER
CARGO VOLUME
AND WEIGHT
PIECE COUNT
INSIDE THE
CONTAINER
PAYMENT AND CARGO
LOADING INFO
CARGO DESCRIPTION MARKS AND
NUMBERS
CONTAINER AND
SEAL NUMBER
NUMBER OF ORIGINAL
BILLS OF LADING ISSUED
TERMS OF DELIVERY
(PORT/PORT,
RAMP/RAMP,
DOOR/DOOR,
PORT/DOOR;
DOOR/PORT, ETC.)
SIGNATURE OF
SHIPS
MASTER/OWNER
OR CARRIERS
REPRESENTATIVE
PAYMENT INFO (PREPAID
AT ORIGIN OR COLLECT
AT DESTINATION)
MASTER BILL OF LADING, ISSUED BY THE OCEAN
CARRIER TO THE FORWARDER/NVOCC
HOUSE BILL OF LADING, ISSUED BY THE FREIGHT
FORWARDER/NVOCC TO THE ACTUAL SHIPPER
EXAMPLES OF BILLS OF LADING
EXAMPLE OF BILLS OF LADING
SUB-HOUSE BILL OF
LADING, ISSUED BY
THE TRUCKER TO
THEIR CUSTOMER
TYPES OF BILLS OF LADING:
Master House Bill: (MBL)
A Master House Bill (MBL) is a contractual agreement between the actual carrier,
Air or Ocean, and the Logistics Provider (Scanwell Logistics) based on the terms
and conditions found on the back of the Bill of Lading. This document specifies the
goods' origin, destination and how the carrier will move them from one to the other.
This also stipulates the manner in which the goods are released to the receiver or
consignee.
Also, keep in mind ocean carriers don't provide credit terms to the Logistics
Provider, meaning the actual costs for moving that product from the origin to
destination is due when the container arrives at it's final destination. (See attached)
On the back of every Master Bill of Lading (MBL) is the terms and
conditions set forth which clearly assigns cargo responsibility, liability and
trade terms between the carrier and Logistics Provider based on the Geneva
Convention and Hague Act.
TYPES OF BILLS OF LADING:
Standard House Bill:
A Standard House Bill (HBL)) is a contractual agreement between
the actual shipper and the Logistics Provider (Scanwell Logistics) based
on the terms and conditions found on the back of the Bill of Lading.
This document specifies the goods' origin, destination and how the
carrier will move them from one to the other. This also stipulates the
manner in which the goods are released to the receiver or consignee at
time of the shipments arrival at the final destination.
On the back of every Master Bill of Lading (MBL) is the terms
and conditions set forth which clearly assigns cargo
responsibility, liability and trade terms between the carrier and
Logistics Provider based on the Geneva Convention and Hague
Act.
TYPES OF BILLS OF LADING:
Sub House Bill:
In the case of consolidated shipments involving multiple suppliers for
the same consignee, each supplier is issued a separate sub-house bill of
lading identifying their shipment. These sub-house bills are combined
into a single house bill of lading. The purpose is for convenience and
simplicity. An example would be imagine a shipment where there are 3
suppliers. Each supplier would receive a sub-house bill with a letter
A,B,C after the House Bill number (aw333333-A or AW333333-B) The
actual House Bill will read AW333333.
On the back of every house of Lading (HBL) is the terms and
conditions set forth which clearly assigns cargo responsibility,
liability and trade terms based on the Geneva Convention and
Hague Act.
THE DIFFERENT TERMS OF
BILLS OF LADING:
Originals Needed:
These documents will be released to the consignee once they pay for the goods. The
documents will stipulate that originals are needed and to avoid costly delay charges, it's
important for the Logistics Agent to constantly communicate with the Consignee about
attaining these documents prior to arrival.
Each Bill of Lading has a set of terms assigned to them which are set based on the trade
terms between the supplier and consignee. These terms are either Express Release, Telex
Released or Need Originals. Each term is different and it's important to understand these
terms due to the fact if they aren't followed can result in harsh penalties from both the shipper
and carrier.
ORIGINAL BILLS OF LADING CLEARLY STATE THAT
THEY ARE REQUIRED BY HAVING THE WORD
ORIGINAL PRINTED ACROSS THE FACE, AND BY
STATING THAT THE NUMBER OF ORIGINAL BILLS
OF LADING ISSUED IS THREE (3)
THE DIFFERENT TERMS OF
BILLS OF LADING:
Telex Release:
Telex released bills of lading are ones that first started out as "needs originals"
and prior to the shipments arrival the consignee satisfied the terms of the shipment
and the shipper notified us to release the goods without having originals sent from
overseas. This saves time and money and the Logistics Agent can work of faxed
copies versus originals.
Something to keep in mind, there is a surcharge to telex release documents and
shippers rarely agree to pay this charge. The charge is $7.50 per Bill of lading.
TELEX-RELEASED BILLS OF LADING WILL HAVE
TELEX RELEASE STAMPED ACROSS THEIR FACE,
BUT EVEN THAT IS NOT ENOUGH TO RELEASE
WITHOUT ORIGINALS WITHOUT AN
ACCOMPANYING E-MAIL FROM THE CARRIERS
ORIGIN OFFICE TO THEIR DESTINATION OFFICE
THE DIFFERENT TERMS OF
BILLS OF LADING:
Express Release or Seaway Bill:
Express Release of Seaway Bill of Ladings are those that require not originals at
time of shipment becoming available from the shipper. These are typically found with
supplier who have credit terms with the consignee and aren't worried about collecting
payment for their goods.
These bills of lading typically are less likely to face detention or demurrage
surcharges due in large part that the shipment is ready for release the minute it arrives
at it's final destination.
SEAWAY BILLS CLEARLY STATE THAT THEY ARE
SUCH BY HAVING THE WORDS SEAWAY BILL OR
WAYBILL PRINTED ACROSS THE FACE, AND
SOMETIMES BY STATING THAT THE NUMBER OF
ORIGINAL BILLS OF LADING ISSUED IS ZERO (0)