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International freight: basic knowledge and precautions of ocean bill of lading

27 May 2021 -

        International freight: basic knowledge and attention points of ocean bill of lading:


        1. The bill of lading usually has 3 forwards and 3 pairs, and there are also 2 forwards and 3 pairs. If there is a requirement in the letter of credit, it must be specifically stated with the freight forwarder.


        2. The front of the bill of lading must show the carrier (full name). This is what I have learned. When actually doing the letter of credit, the bank told me that the carrier was not shown on the bill of lading and it was still safe to deliver the bill and collect the payment (so it should be displayed in theory).


        3. On-board bill of lading and on-board bill of lading:


        Shipment bill of lading: The bill of lading issued when the goods are not on board only represents that the carrier takes over the goods delivered by the shipper, so the bill of lading cannot prove the time of shipment of the goods (the date of the bill of lading for shipment is not the date of shipment).


        When the pre-shipment bill of lading is stamped with "on board" and the time of shipment is indicated, it can be converted into an on board bill of lading.


        4 The bill of lading cannot have unclean comments.


International freight


        5. The consignee and the notifier of the bill of lading must be filled in strictly in accordance with the letter of credit.


        6. Issuance, date and number of bills of lading: The bill of lading must be issued by the carrier or the captain or their agent, and the identity of the issuer should be clearly indicated. The general representation methods are: CARRIER, CAPTAIN, or "AS AGENT FOR THE CARRIER: XXX" and so on.


        If the name of the shipping company (carrier) is printed on the bill of lading, the international freight forwarder is usually marked as the carrier’s agent. If the name of the freight company is not printed on the bill of lading, it must be stamped and signed by the freight company (your ticket should be the freight company's bill of lading signed by the carrier)



        8. The difference between the letter of credit and the bill of lading: the carrier is not shown on the bill of lading. After inspection, the official explanation is as follows: According to Article 23, paragraph 1, of the "Uniform Customs and Practices for Documentary Credits", the ocean bill of lading must indicate the name of the carrier on the surface and be named by the carrier or act as the carrier’s agent or representative Signed or confirmed by other means, or signed or confirmed by the captain or a named agent or representative of the captain.



        9. The issuer of the bill of lading can be divided into: freight forwarder bill of lading refers to the bill of lading issued by the shipping company engaged in international cargo transportation. Original bill of lading, usually called sea waybill.



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