In international trade, we may encounter buyers asking the exporter to provide ocean bills of lading or loan bills of lading, what is the difference between the two?

OCEAN Bill of Lading (MARINE/OCEAN B/L)

It has three functions:

A cargo receipt issued to the shipper by the carrier or its agent upon receipt of the goods.

The second is the document supporting the establishment of the contract of carriage between the two parties.

Third, the consignee at the place of arrival of the goods to take possession of the goods.

The opposite of the ocean bill of lading is the CHARTER PARTY B/L and the MULTIMODAL TRANSPORT DOCUMENT.

Forwarder's Bill of lading (HOUSE B/L), corresponding to the owner's Bill of lading (MASTER B/L)

There is little difference between these two bills of lading, only the qualifications of the issuer are different. H B/L at the port of destination, there will be an extra replacement fee (sometimes more than one replacement fee).

If there is no specific requirement in the L/C, both have the same effect, both are valuable documents, and both can be endorsed for transfer.

Differences between the two bills of lading:

1, the bill of lading is the bill of lading issued by the shipping company, as long as there is a bill of lading, anyone can directly pick up the goods from the shipping company at the port of destination. Loan bill of lading is a bill of lading issued by the freight forwarder based on the ocean bill of lading, which needs to be exchanged for the ocean bill of lading at the designated agent or branch of the port of destination.

2, if you want to prepay freight and quickly pick up the goods, you can also save more than ten dollars of exchange fees. If you want to control the right to the goods, freight to collect, etc., you have to give out the bill of lading, freight forwarder can help you do these, of course, not free.

3, if your goods are not full container, but scattered goods, you must only lend the bill of lading, because the shipping company will not help you LCL, the destination port will not help you distribute the goods.

4, if you are doing L/C, but you can not produce in the stipulated delivery date, can not get on the ship, then you can choose to loan the bill of lading, and ask the freight forwarder to help you backsign the bill of lading. Of course, this is also an irregular practice, so you are generally required to issue a letter of guarantee.

5, the bill of lading is the most basic certificate of real right, many of the terms inside you can not control.

6, the general freight forwarding number does not enter the customs manifest management system, and the bill of lading number on the import declaration is different;

7, the freight forwarder's bill of lading has the name and contact method of the exchange company, and the contact company is not an agent or port shipping agency.

8. The freight forwarder bill of lading generally has the words "asagentofcarrier" on the page, and the ocean bill of lading shows "ascarrier"

Note: If it is not payment in advance, you have to be particularly careful about whether it is a sea bill of lading or a freight bill of lading. Generally, it is required to issue a sea bill of lading, otherwise the goods may be in danger of being taken by the freight forwarder