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Can NVOCC take mater bill of lading in its own name as collect and issue house bill of lading prepaid?
Wiki User
∙ 12y ago
You can issue a master bill of lading; let's say you are the shipper on the MBL to your agent as the consignee. Then issue a house bill, but why would you issue a prepaid house bill since the agent would have to pay the charges at destination in order to received release of cargo on the master?
If you issued the customer a Prepaid HBL he won't be able to take possession of the cargo until the freight charges are paid to the carrier by the agent. So issuing a Prepaid HBL doesn't make sense.
Usually companies issue house bills in order to conceal their client's information from the carrier and also to be able to collect payment by customer before releasing freight by issuing originals or express HBL with a collect master.
What are you trying to accomplish here?
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The information contained in this answer is provided for informational purposes only, and should not be construed as legal advice on any subject matter. Please consult an attorney for legal advice.
Wiki User
∙ 12y ago
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What is the difference between master bill of lading and house bill of lading?
Master Bill of Lading: Issued from Carrier. House Bill of Lading: Issued from Freight Forwarder.
What is the diference between Master bill of lading and house bill of lading?
Master Bill of Lading: Issued from Carrier. House Bill of Lading: Issued from Freight Forwarder.
What is the difference between master bill of lading and house bill of lad ing?
The master Bill OF lading Is issued by Shipping Line and The HOuse Bill Of Lading is issued by the freight forwarder
What is house bill of lading?
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What is the difference between the house bill of lading and bill of lading?
Bills of lading are supposedly prepared by the driver, but over the years the responsibility for preparing them has fallen to the shipper--these are "house" bills of lading. In reality, the shipper is better prepared to write BoLs because they know what's in the shipment.
What is the difference between shipping bill and bill of lading?
Bill of Lading Issued by carrier. Showing Consignee, Exporter, quantity of goods, Type of godds, etc. Bill of exchange Issued by exporter/shipper. Showing amount of goods. This used to exchange the shipping documents within shipper and buyer through bank.
What the meaning of house of bill of lading?
A Bill of Lading is a receipt, or a list, of the goods and materials that are being shipped from one destination to another. A Bill of Lading for a household move would include anything that the shipper, or homeowner, had a freight forwarder relocate.
What is the different between surrender bill of lading and original bill of lading?
Original Bill of Lading's (3) any one of the same is submitted by the importer at the time of clearance of good at destination port. Whereas the surrender bill of lading is to surrender/submitted with the load port liner at the time of clearance of goods.
How do you Open a freight fowarding company?
You need agents, license and money. If you don't have NVOCC(non vessel operating common carrier) license/permit, you can not resell rates to your customers and can not issue your own house bill of ladings. However, you can still open a freight forwarding company by being a handling agent only. That means you can only collect handling fee from the customers and can not sell freight rate for profit.
What is the difference between bill of lading and international waybill?
A bill of lading indicates which party claims title or ownership to the goods being shipped. A waybill is an in house document used by carriers that shows the shipper, consignee, route etc. but does not validate ownership of the goods. www.thelogisticsmanager.com
What is the difference between Master BL and House BL?
Some of the differences between a Master Bill of Lading (MBL) and a House Bill of Lading (HBL) are that the MBL is issued by the carrier shipping line to the freight forwarder and the HBL is issued by the freight forwarder to the actual customer. Also, the shipper, consignee and details on how to notify the party are different on the MBL and HBL.
What is the difference between hbl mbl?
House Bill of Lading is one which is given by Liner(container incharge) regarding shipments inside the container(shipment list). Master Bill of Lading is one which is given by the vessel owner(ship incharge) regarding container inside the vessel(container list).
