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Different types of bill of ladings

Written by Capt Rajeev Jassal on January 29, 2015
49
different-types-of-bill-of-ladings There are different criteria on which bill of ladings can be defined and differentiated. Few of these criteria being the “place from where carriers takes the responsibility of the cargo” (Port to port, Multimodal and through bill of ladings) or if the owner of the cargo can sell the cargo before it reaches by transferring the title of the bill of lading (Negotiable and non-negotiable bill of lading) Different types of bill of ladings based upon Negotiable and non Negotiable documents The main difference between the two types is the title (ownership) of the bill of lading. While one can be transferred to another party, the other is consigned to a named party and hence he/she has to be the final recipient of the cargo as the title of this type of bill of ladings cannot be transferred. Readers should not confuse the negotiable and non-negotiable types of bill of ladings with the “negotiable” and “non-negotiable” copies of the signed bill of ladings. 1. Straight bill of lading: The straight bill of lading is specified to the particular party and the specified party cannot re-assign it to anyone else. The party only has to take the delivery of the cargo and the cargo cannot be sold by transferring the bill of lading to another party’s name. Q: Can you think of an example when the ...

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Comments (49)

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  • Y V SATYA kumar September 12, 2016
    Required types of b/l with pictures
    2

    Groza August 7, 2021
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  • Elen January 13, 2017
    maybe also mention shipped vs received for shipping and waybills?
    0

  • RAKESH BALLABH May 1, 2017
    kindly also comment on a bill of lading with consignee as "to order" and notifiy (generally mentioning the buyer's name.
    0

  • Abhishek Singh June 8, 2017
    Sir, can you please clarify What is the meaning of “negotiable” and “non-negotiable” copies of signed bill of ladings??
    4

    Zbigniew Kossak October 21, 2018
    A negotiable bill of lading instructs the carrier to deliver goods to anyone in possession of the original endorsed negotiable bill, which itself represents title to and control of the goods. ... Because of this, a negotiable bill of lading must be used for a documentary sale.

    Zbigniew Kossak October 21, 2018
    Traditional bill of lading is a document of title so you can transfer the ownership of the goods to another party by means of endorsement or delivery. For this reason buyers have to present at least one original bill of lading to the carrier at the port of discharge. Non negotiable bill of lading is not a document of title. As a result buyers do not have to present at least one original bill of lading to the carriers at the port of discharge. Also you cannot transfer the ownership of the goods to another party by means of endorsement or delivery under non negotiable bill of lading. That is why non negotiable bill of lading is called non negotiable sea waybill. It is not a bill of lading in a traditional sense. Main Differences : Consignee: Bill of lading can be issued in a negotiable form. Non negotiable sea waybill cannot be issued in a negotiable form. You should to indicate your buyers name on the non negotiable sea waybill. Endorsement: Only bill of lading can be endorsed. Non negotiable sea waybill cannot be endorsed. Delivery of Goods: Under traditional bill of lading buyer have to present at least one original B/L to the carrier’s agent at the port of discharge. Otherwise they cannot get the goods unless letter of indemnity is issued. Under non negotiable sea waybill buyers can claim the goods by confirming their identity.

  • ASHUTOSH KUMAR August 18, 2017
    plz expalin something abt documementry credit system
    0

  • Njabulo Ximba August 20, 2017
    There are two bill of ladings missed which are clean bill of lading and clause bill of lading.please investigate them.
    0

  • mukul mudgalkar January 3, 2018
    Stale bill of lading...
    2

    abc March 23, 2019
    if the b/l is not submitted to bank within specified time under documentary credit system.the b/l thus becomes the stale b/l

    Captain Bansal August 14, 2019
    International sales of goods contract between buyer and seller contains various terms and conditions and one of the term is about how payment of goods will be done. If both of the parties agrees to payment using Letter of credit / Documentary credit system then it is clearly mentioned in sales contract. However, Letter of credit which is issued by buyer's bank is also based on various conditions say B/L should be clean and to be presented in between some period ( say 01/06 - 15/06) but due some issues if its presented to bank after 15/06 then that will be called a STALE B/L . Don't confuse it with unclean/dirty/claused/foul/spoiled BL which is different from stale B/L. So , in short it can be said as "a B/L which is presented to bank after date mentioned in Letter of credit wil be termed as a STALE B/L".

  • sanaullah shaikh May 7, 2018
    Thanks Captain , the blog is very knowledgeable.
    0

  • Bernice korkor May 24, 2018
    Do you have information about the split bill of lading and groupage bill of lading
    1

    Mohammed Rafat Butt June 12, 2018
    Split B/ls are issued more or less like the switch B/l. It is a practice usually found with bulk trade where the shipper may sell the cargo at POD to more than one receiver. Simply put one cargo many receivers . Groupage is where many shippers engage one freight forwarder to send their cargo under the same b/l. Receivers may be one or many.

  • Mohammed Rafat Butt June 12, 2018
    Hi, in general if the B/L is termed non-negotiable it does not qualify as a B/l but is then termed as a sea waybill. A bill of lading should be negotiable.
    0

  • Mohammed Rafat Butt June 12, 2018
    These are not types of B/l.
    0

  • Arnold July 10, 2018
    What is the difference between charter party bill of lading & CONGENBILL 2017
    0

  • Arun December 13, 2018
    dear sir, can you please explain when does a B/L becomes actual contract of carriage. I assume it is an evidence of contract of carriage. Please answer. Thank you sir.
    0

  • jeetendra January 4, 2019
    generally which type of bill of lading use in tanker trade.
    0

  • AA February 18, 2019
    Please explain commingle bill of lading.
    0

  • Vashishth Joshi April 5, 2019
    Hi, I have a question regarding the change of “consignee” in a B/L. Suppose, there is a cargo coming to India with a straight B/L with a named “Consignee” mentioned therein. Now, once the cargo reached in India, the buyer (importer) refuses to clear the cargo from port siting an issue with the previous consignment’s quality. The buyer wants to press the “Shipper” and thereby bringing him to negotiation for a price discount. The buyer has not yet paid for the goods, so practically the ownership/title of the cargo vests with the “Shipper”. In this case, can “Shipper” request to change the “Consignee” in B/L? and, is it possible to change it without obtaining a NOC (no objection certificate) from the existing “Consignee”? Kindly explain the legal position and rights of a “Shipper” in reference to Indian Law since he would suffer a great loss if the consignee refuses to provide NOC. Please quote provisions and relevant citations, if possible. Thanking you,
    0

  • Chiran April 17, 2019
    Why master need to be careful while signing a Order bill of lading??
    0

  • Sudhir July 20, 2019
    What is the difference between Hague rules, Hague visby rules, Hamburg & Rotterdam rules for Bill of lading. Which rule is widely used.
    0

  • Augustus April 2, 2020
    Why the consignee does not wish to reveal to the new buyer the identity of the shipper of the cargo. Cause as i know. That switch b/l needed some agreement from consignee, shipper and newe buyer of final buyer
    0

  • Amar Anand June 24, 2020
    nice blog sir....
    0

  • Sharaf Mukhtar July 22, 2020
    I want to know more about the Shipping industry
    0

  • Arunava Chatterjee November 18, 2020
    What is the appreciable difference between a Charter Party bill of lading & Ocean Bill of Lading which prompts certain banks to mention under their LCs "Charter Party Bills of lading not acceptable".
    0

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  • Giri August 30, 2024
    who issues bl for multimodel or combined bl
    0

Capt Rajeev Jassal

About Capt Rajeev Jassal

Capt. Rajeev Jassal has sailed for over 24 years mainly on crude oil, product and chemical tankers. He holds MBA in shipping & Logistics degree from London. He has done extensive research on quantitatively measuring Safety culture onboard and safety climate ashore which he believes is the most important element for safer shipping.

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