Bill of Lading slide.pdf

Bill of Lading

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Concept:
Ocean Bill of Lading or Marine Bill of Lading(B / L)
is a transport document by sea signed by the
competent person to the shipper after the cargo
has been received for loading or has been loaded
onto the ship.
Bill of Lading is a document issued by the
shipping company or his agent acknowledging the
receipt of cargo to carry.

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Main functions of Bill of Lading

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It has three main functions.
 First, it is a document of title to the goods
described in the bill of lading.
 Secondly, it is a receipt for the shipped products.
 Finally, the bill of lading represents the agreed
terms and conditions for the transportation of the
goods.

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Bill of Lading

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Scope of use:
 For sellers:
• B / L proof of fulfillment of the delivery obligations.
B / L is an indispensable document when making
payment order

 For buyers:
• Based on B / L to check if the seller has fulfilled
the delivery obligation
• Use B / L to receive goods
• Use B / L to transfer, buy and sell goods.


Bill of Lading

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Scope of use:
 For carriers:
• After delivery and receipt of the original B / L, the
carrier is deemed to have fulfilled his carriage
obligation.
• B / L is a basis for resolving disputes over value,
quantity, quality of freight

Bill of Lading

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Scope of use:
 Other cases:
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B / L is an important document used in resolving
disputes, complaints and lawsuits between related
parties.
B / L is a document in the claim file (insurance)
B / L is also a document to be used when
completing procedures, customs declaration.


Bill of Lading

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Form of B / L:
Size, color: usually A4 size. The original can print
front and back colors. Copy is usually printed with
black ink on the front, the back is empty.
Front view: very diverse, depending on the design
of the shipping lines.

Title: it does not determine the type of bill of
lading and mode of transport. To understand
these two issues, it is necessary to base on
specific content on B / L..


Some titles of bills of lading
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Bill of Lading
Ocean Bill of Lading
Marine Bill of Lading
Sea Bill of Lading
Liner Bill of Lading
Port to Port Shipment Bill of Lading
Through Bill of Lading

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Some titles of bills of lading

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Bill of lading used for multimodal transport (or
combined transport) and sea transport from port
to port::
 Bill of Lading for Combined Transport Shipment
or Port to Port Shipment
 Bill of Lading for Multimodal Transport Shipment
or Port to Port Shipment


Some titles of bills of lading

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Multipurpose bill of lading:
 Bill of Lading or Sea waybill for Combined
Transport Shipment or Port to Port Shipment
 Bill of Lading – Not Negotiable unless consigned
to order

FIATA Bill of lading (Fédération Internationale
des Associations de transitaires et Assimilés):
 Negotiable FIATA Combined Transport Bill of
Lading


Types of Bill of Lading(10 types)

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(1) Received for Shipment B/L: A shipping

company issues it when goods have been
given to the custody of the shipping company,
but they have not been placed on board.
(2) On Board Shipped B/L: The shipping
company certifies that the cargo has been
received on board the ship.

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(3) Clean B/L: It indicates a clean receipt. In other
words, it implies that there has been no defect in
the apparent order or condition of goods at the time
of receipt or shipment of goods by the shipping
company.
(4) Claused or Dirty B/L (Unclean B/L): It shows
that the B/L is qualified which expressly
declares a defective condition of goods.
By superimposing this type of clause, the shipping company is
limiting its responsibility at the time of delivery of goods, at the
destination.
It is very important to note that bank accepts only a clean B/L at the
time of negotiation.
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(5) Transshipment or Through B/L: When the
journey covers several modes of transport from
the place of starting to the place of destination, this
type of B/L is taken. It indicates that transshipment
would be en route. For example, part of the journey
is by ship and the rest of journey may be by road,
rail and air.
(6) Stale B/L: According to international
commercial practice, B/L along with other
documents must be presented to the bank not later
than twenty one days of the date of shipment as
given in the B/L.
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(7) To Order B/L: In this case, the B/L is issued to the
order of a specified person.
(8) Charter Party B/L: It covers shipment on a
chartered ship.
(9) Freight paid B/L: When the shipper pays the freight,
then this type of B/L is issued with the words “Freight
paid”.
(10) Freight Collect B/L: When the freight on the B/L is
not paid and to be collected at the point of destination,
it is marked “Freight Collect” and this B/L is known as
“Freight Collect B/L”.

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Bill of Lading
Content of Bill of Lading
1

Tiêu đề của B/L

2

Số của B/L (B/L No.)

3

Tên hãng chuyên chở (Shipping Company)

4

Người gửi hàng (Shipper)

5

Người nhận hàng (Consignee)

6 Bên được thông báo (Notify Party)

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Bill of Lading

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Content of Bill of Lading
7 Nơi nhận hàng để chở (Place of Receipt)
8 Cảng bốc hàng (Port of Loading)
9 Cảng dỡ hàng (Port of Discharge)
10 Nơi giao hàng (Place of Delivery)
11 Tên tàu & số hiệu chuyến tàu (Vessel & Voy. No.)
12 Số lượng vận đơn gốc (Number of Original B/L)


Bill of Lading

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13 Ký mã hiệu & số hiệu hàng hóa (Marks & Numbers))
14 Số lượng và mơ tả hàng hóa (Number & kind of
Packages: Description of Goods)

15 Trọng lượng cả bì (Gross Weight)
16 Thể tích (Measurement)
17 Tổng số container hoặc kiện hàng được ghi bằng chữ
(Total No. of Containers or Packages in words:)


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Bill of Lading

19 Chi tiết về cước phí và các loại phí khác (Freight
details, Charges)
21 Ngày và nơi phát hành B/L (Place and Date of Issue)
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SHIPPED on Board the Vessel
Date: ...................................
By: ............(signed).............

Xác nhận về ngày
hàng được bốc lên
tàu

23 Người phát hành vận đơn ký tên (Signature)


SIGNIFICANCE OF BILL OF LADING

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Importance to the Exporter
1. It is an acknowledgment from the shipping company
that the goods have been received for the purpose
of shipment. 2. After receipt of B/L, it helps him to
send the shipping advice to the importer.
3. If any damage occurs to the cargo during transit, he
can hold the shipping company responsible, if he
has received clean bill of lading.
4. A copy of bill of lading is required to be attached to
the application form to claim the incentives
5. It is a contract of carriage between the exporter
(shipper) and the shipping company.
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SIGNIFICANCE OF BILL OF LADING(cont. )

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Importance to the Importer
1. It is a document of title to the goods, which enables
him to transfer the title by endorsement and delivery.
2. The exporter can send a non-negotiable copy of B/L
as advance intimation of shipment to the importer.
3 It enables him to pay the freight amount as the B/L
contains freight details.

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SIGNIFICANCE OF BILL OF LADING(cont. )

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Importance to the Shipping Company
1. It helps the shipping company to collect the freight
amount from the exporter (CIF contract) or importer
(FOB contract).
2. Shipping company can protect itself from the
wrongful claims of exporter/importer by incorporating
condition of goods/packaging, at the time of receipt.
In case the shipping company, inadvertently, omits
to mention the adverse condition, at the time of
receipt, advantage can be claimed by
exporter/importer, by submitting wrongful claim.

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