What is the difference between clean on board bill of lading and shipped on board bill of lading?

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1. Clean on Board Bill of Lading means : vessel recd. cargo in good condition and delivered the same in good condition. All responsibilities goes to shipping line.

2. Shipped on Board means : goods loaded on vessel.
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What is the difference between bill of lading and bill of exchange?

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 makes bill of lading unclean?

A clean BOL is areceipt of goods that are not damaged or with any clauses. This will occur if the carrier , shipper or consignee has any disagreemnet concerning damage, weights or unit quntity and is so marked on the BOL A clean BOL is areceipt of goods that are not damaged or with any clauses. Th ( Full Answer )

What does bill of lading mean?

The Bill of Lading is the basic document between a shipper and a carrier. It describes the condition under which the goods are accepted by the carrier and details of the nature and quantity of the goods. It even serves as a document of title to the goods described therein.

Are named Bill of lading and straight bill of lading the same?

A named Bill of landing is a negotiable Bill, capable of transferring title to the goods covered under it by its delivery or endorsement. Its terms provide that the freight is to be delivered to the bearer (or possessor) of the bill, to the order of a named party, or, as recognized in overseas trade ( Full Answer )

What is bill of lading and types of bill of lading?

Bill of lading is issued by the shipping line as a receipt of goods.The shipper should give sufficient datas to the corresponding shipping line as per the purchasing order,invoice,packing list etc.The bill of lading is only issued by the shipping line only after when the cargo has been on board on t ( Full Answer )

What the meaning of house of bill of lading?

A Bill of Lading is a receipt, or a list, of the goods andmaterials that are being shipped from one destination to another. ABill of Lading for a household move would include anything that theshipper, or homeowner, had a freight forwarder relocate.

What is the meaning of bill of lading?

Printed form used in connection with a shipment of freight usually naming the shipper, the consignee, proper addresses, date and place of origin, description of the shipment, weights of each article and other pertinent data for the information of rate clerks, shipping clerks and others concerned.

What does clean on board bill of lading mean?

It means that the product wil be load without dirts or damages!! All cargo when loaded must be loaded in the condition described in the contract, any difference, deviation (poor storage,packing,handling etc causes dirt, damage ) from the stated condition. This difference is normally noted as a rem ( Full Answer )

What is a Switch bill of lading?

"Switch" bills of lading are a second set of bills of lading issued by the carrier (or by the carrier's agent) in substitution for the set issued at the time of shipment. The agent who is asked to produce the second set is often not at the load port. The holder of the bills may decide, for one reaso ( Full Answer )

How many types of bill of lading?

Negotiable Bill of Lading . Non Negotiable Bill of Lading . Master Bill of Lading . House bill of Lading

What are merits and demerits of of different types of bill of lading?

A bill of lading is a document issued by a carrier to a shipper, listing and acknowledging receipt of goods for transport and specifying terms of delivery. It serves three main functions: (1) a document of title to the goods described in the Bill of Lading; (2) a receipt for the goods; and (3) as ( Full Answer )

What does Shipped on board bill of lading mean?

It is a bill of lading which certifies that the specified goodshave been received in apparent good order and condition from thenamed shipper and have been taken aboard the named ship on thestated date.

Explain what is surrender bill of lading?

Under a term import documentary credit the bank releases the documents on receipt from the negotiating bank but the importer does not pay the bank until the maturity of the draft under the relative credit. This direct liability is called Surrender Bill of Lading (SBL), i.e. when we hand over the bil ( Full Answer )

Bill of lading date?

Bill of lading date is Transportation industry terminology for the date the Bill of Lading is . created.

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 difference between Forwarders Cargo receipt and Bill of Lading?

The forwarder's cargo receipt is a document issued by a freightforwarder confirming receipt of the cargo. A bill of lading is alegally binding contract between a freight carrier and shipper. Thebill of lading contains all the details needed to process theshipment.

What is the use of bill of bill of lading?

The bill of lading lists everything that has arrived in a shipment.It allows the recipient and the sender to see everything that hasbeen shipped and is useful in inventory control practices.

Where is the bill of lading is normally found?

Depends what stage of delivery/forwarding the cargo/freight is at. If it's warehoused for shipment, the bill of lading will be held by staff at the facility who will give the bill of lading to the transporter once the commodities are loaded on their vehicle or vessel. While in transit, the transport ( Full Answer )

What is dirty bill of lading?

A bill of lading containing note of conditions of good.For instance number of brocken goods, socked goods,and torn good before they are accepted by shipping officers

What is the validity of bill of lading?

The bill of lading is perfectly valid so long as the source of it is. A bill of lading simply states the commodity being shipped, quantity, shipping weight, special instructions, seal number (if applicable), etc. While it states what should be present during shipping and delivery to the recipi ( Full Answer )

What is the difference between surrender bill of lading and express bill of lading?

Surrender Bill of Lading is where the Master BL or House BL is endorsed and returned to the Liner or Freight Forwarding (As the case may be). The carrier/FF send telex message to its agent at the destination to release the cargo without actual presentation of the Original Bill of Lading. Under Expre ( Full Answer )

When to use the Bill of lading?

When you intend to export or import some goods or a consignment. In details we can say that: This is a Legal Document for both CNOR & CNEE to EXP & IMP their valued cargo issued by the Freight Forwarder or Shipping Line. Goods can not be released without this paper. So, it's resolved that, "When ( Full Answer )

How bill of lading works?

Bill of Lading, a written receipt issued by a transportation company to a shipper. It also serves as an agreement, or contract, between the shipper and the transportation company. In this agreement the shipping company is called the carrier; the shipper is called the consignor; and the party to rece ( Full Answer )

What is the difference between airway bill and bill of lading?

The key difference between a B/L and a Waybill is that a waybill does not convey title. The cargo named on the waybill can be released only to the named consignee and NO ORIGINAL documents are required. The consignee needs only to identify himself. If a B/L is issued the consignee can receive the ca ( Full Answer )

What is the Difference between bill of lading and packing list?

The difference between a bill of lading and a packing slip is that: A bill of lading is a contract of shipping. It is usually non negotiable and indicates the shipment origin and destination points, the name of the carrier, description of the freight, dimensions and weight as well as the released ( Full Answer )

When do you use a express bill of lading?

In the auto transport industry, we use an express bill of lading to expedite the inspection process. There are many ways an express bill of lading can be of benefit.

What is the difference between original bill of lading and express ocean bill of lading?

Original bill of lading is required for the release of delivery order (d0)by the forwarding agent.. Wherein, in the cas of express ocean bill of lading , for the release of delivery order(do), photocopy of the mbl can work. If the original mbl is not with the forwarding agent, still the delivery ord ( Full Answer )

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 bill of lading and bill of landing?

\n. The correct form is "Bill of Lading". \n. \n. Definition: a receipt obtained by the shipper of goods from the carrier (trucking company, railroad, ship or air freighter) for shipment to a particular buyer.\n. \n. The form with "landing" sometimes found, and given as a translation in sites ( Full Answer )

Difference between manifest and bill of lading?

Both are used to list the contents of a cargo vessel, however for 2 separate purposes.. A Manifest (or several manifests) is typically used to provide proof to government agencies (or to make "manifest") the contents of a cargo vessel. If the US Coast Guard pulls over a cargo freighter or a DOT, E ( Full Answer )

Why bill of lading is required?

it is an accurate written document showing the work povided by one source for another. this record provides a customer with written documentation for services that he/she has billed for.

What are the different types of bill of lading?

12 Common Types of Bill of Lading Forms & When To Use Them 1. Straight Bill of Lading : This is typically used when shipping to a customer. The "Straight Bill of Lading" is for shipping items that have already been paid for. 2. To Order Bill of Lading : Used for shipments when payment is not ( Full Answer )

What are the disadvantages of bill of lading?

it is not negotiable at a bank or any other institution and cannotbe exchanged for money, it is just a receipt of cargo release is not as secure as an original bill of lading and therecould be incidences of fraud from a liners perspective, the disport agent doesn't need to lookfor any original bil ( Full Answer )

What is direct bill of lading?

\n. A bill of lading in marine transportation which covers direct shipment between ports of loading and discharge of the vessel, in con­trast to the through bill of lading . \n. \n. by: Ashutosh Kumar Jha, Supaul, Patna, Bihar \n. email id- ashutosh.srijan@yahoo.com

Who issues bill of lading?

A bill of lading is a type of document that is used to acknowledge the receipt of a shipment of goods. A transportation company or carrier typically issues this ...

Who write the bill of lading?

Most cases it is the shipper. In cases where the shipment is routed by someone other than the shipper it can be created by a third party, driver, or consignee.

What is meant by the term bill of lading?

A bill of lading describes a form or document used in transporting and moving goods. It is used for many types of trading, such as international trading.

What does bill of lading number mean?

Each Bill of Lading has a set of numbers that differentiates eachBOL from each other. Basically to match the number to a customer'sname when researching it for example. Another example would be sothe shipper or customer can't change the description after thebills been signed.

What is the difference between a Bill of Lading and a Delivery Receipt?

Basically, a Bill of Lading is a certificate, manifest, etc. of what goods are being carried (especially important if passing goods through Customs when International Trading). A Delivery Receipt is proof that the customer has received the goods, it also proves that the carrier has delivered the goo ( Full Answer )