Thailand Freight Line takes you to understand the bill of lading terminology for freight transportation

How much do you know about the terminology of freight bills of lading? If you don't know,Thailand Freight Dedicated LineToday, let me explain to you so that we can understand these terms as soon as we see them. Simple terms are easier to remember, but more complex ones can be more complicated. However, there are not too many bill of lading terms, so we can still remember them after a few glances. The editor has summarized it for everyone here, let's take a look below.

Shipped bill of lading

SHIPPED OR BOARD B/L refers to the bill of lading issued by the carrier to the shipper stating that the goods have been loaded onto the ship.

Receipt for Shipment B/L refers to the bill of lading issued by the carrier when the goods have been received but not yet loaded onto the ship.

Through bill of lading

Direct B/L refers to the bill of lading issued when goods are loaded from the loading port and transported directly to the unloading port for unloading without changing ships.

The intermodal bill of lading, also known as the transshipment bill of lading, refers to a bill of lading issued by the carrier at the loading port that allows for transshipment of goods to the destination port.

Multimodal Transport

MT B/L refers to a bill of lading applicable to the entire transportation process, signed for the combined transportation of goods by sea, inland waterway, railway, road, air, or other two or more modes of transportation.

Liner bill of lading

LINER B/L liner is a vessel that continuously engages in cargo transportation between designated ports on a certain route according to a published schedule. Ships can be divided into two types: regular and irregular schedules.

charter-party

CHARTER PARTY B/L generally refers to the bill of lading issued by the shipowner to the charterer for the carriage of all goods by the charterer, or by the shipowner or charterer for the shipment of not all of the charterer's goods.

Straight bill of lading

STRAIGHT B/L is a bill of lading that only allows the consignee named on the bill of lading to pick up the goods, and generally does not have liquidity.

order bill of lading

ORDER B/L usually has an unlisted indication (write only ORDER) and a column indication (ORDER OF SHIPPER or ORDER OF DESIGN * * COMPANY); ORDER OF **BANK）。 This type of bill of lading can be transferred through endorsement by the instructing party.

bearer

BLANK B/L or OPEN B/L bills of lading do not contain any consignee or ORDER words, meaning that any holder of the bill of lading has the right to take delivery.

clean bill of lading

When CLEAN B/L goods were delivered, the surface condition was good, and the carrier issued the bill of lading without any annotations indicating cargo damage, poor packaging, or other obstacles to foreign exchange settlement.

Unclean Bill of Lading

When FOUL B/L goods are shipped, if their packaging and surface condition are not sturdy or complete, the ship can annotate it as an unclean bill of lading.

Package Bill of Lading

PARCLE RECEIPT or NON-NEGATIABLE RECEIPT is suitable for small quantities of goods, luggage, or samples.

Minimum shipping cost

The freight charges for MINMUM B/L have not reached the minimum amount specified in the tariff regulations, and will be charged according to the prescribed minimum freight charges.

omnibus bill of lading

When different batches of goods from OMNIBUS B/L or COMBINED B/L are merged into one bill of lading, or when the same liquid goods from different batches are loaded into one oil tank and several bills of lading are issued, the former is called a consolidated bill of lading, and the latter is called an assembled bill of lading.

Bill of Lading

SAPARATE B/L A batch of goods, that is, goods on the same loading order, can be divided into 2 or more sets of bills of lading according to the shipper's requirements.

Expired Bill of Lading

The bank generally does not accept bills of lading that cannot be delivered to the consignee at the destination port before the ship arrives at the destination, as the distance between the date on which the exporter submits the documents for settlement to the bank and the date of shipment is too long.

Switch Bill of Lading

After the issuance of the bill of lading at the port of departure of SWITCH B/L, a set of bills of lading shall be issued separately at the intermediate port as the goods to be shipped from the intermediate or transit station.

Reverse signed bill of lading

ANTE-DATED B/L The carrier shall issue a bill of lading on a date earlier than the actual completion date of the shipment after the goods have been loaded onto the ship at the request of the shipper.

advanced bill of lading

ADVANCED B/L, due to the expiration of the shipping and settlement periods stipulated in the letter of credit, the goods were unable to be loaded onto the ship for some reason, but were already under the control of the carrier or had already begun loading. The shipper issued a letter of guarantee requesting the carrier to borrow the bill of lading in advance.

Deck Bill of Lading

ON DECK B/L refers to a bill of lading in which goods are loaded onto the open deck of a vessel and marked with the words "on deck".

bill of lading

House B/L is a bill of lading issued by the freight forwarder. The bill of lading is often issued when the goods are shipped out of the inland and transported to the inland. From a technical and strict legal perspective, this type of bill of lading lacks the effectiveness of a bill of lading.

Visit our official website to learn more details:http://www.thaifitto.com/