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A bill of lading (BL or BoL) is a legal document bornt and issued by a carrier to a shipper that describe details of cargo such as: the type, quantity, and destination of the goods being carried. A bill of lading also serves as a shipment receipt when the carrier delivers the goods at a predetermined destination. This document must accompany the shipped products, no matter the form of transportation, and must be signed by an authorized representative from the carrier, shipper, and receiver.

KEY TAKEAWAYS

  • A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried.
  • A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper.1
  • This document must accompany the shipped goods and must be signed by an authorized representative from the carrier, shipper, and receiver.
  • If managed and reviewed properly, a bill of lading can help prevent asset theft.

MBL vs HBL:

Differences Between HBL and MBL

The basic difference between HBL and MBL is that – MBL means Master Bill of Lading that is issued by the main carrier of goods after the goods are received from a freight forwarder to deliver at the destination as per agreed terms. HBL means House Bill of Lading which is issued by the freight forwarder after the goods are received from the shipper agreeing to deliver goods at the destination.

To explain it further, we will divide it into 2 types, which are FCL (Full Container Load) and LCL (Less Container Load).

1. FCL (Full Container Load) Shipment

When doing shipment using FCL, there are differences on both kinds of B/L. Such as :

House Bill of Lading (HBL)

  • Consignor: goods owner/exporter.
  • Consignee: consignee/importer.
  • Notify: Usually the same as the consignee.

Master bill of lading (MBL)

  • Shipper: NVOCC or forwarder
  • Consignee: Owner/importer of goods
  • Notify: Forwarder/NVOCC in destination country

2. LCL (Less Container Load) Shipment

House Bill of Lading (HBL).

  • Consignor: Goods owner/exporter.
  • Consignee: Consignee/Importer.
  • Notify: Usually the same as the consignee.

Master bill of lading (MBL)

  • Shipper: NVOCC or forwarder
  • Consignee: Forwarder/NVOCC in destination country
  • Notify: Forwarder/NVOCC in destination country

In conclusion, it is necessary to get a grasp on how to differ both of them. If you need any help regarding of your Export and Import activities, feel free to contact us. We provide several services such as Importer of Record (IoR) in Indonesia, Brokerage, Distributor, customs clearance, and delivery to your place. 

We provide several services such as Importer of Record (IoR) in Indonesia, Brokerage, Distributor, customs clearance, and delivery to your place. 

Which data should submit in BL:

1-SHIPPER

2-CONSIGNEE

3-PORT OF LOADING

4-PORT OF DISCHARGE

5-OCEAN VESSEL

6-DESCRIPTION OF GOODS

7-NUMBER OF PACKAGES OR UNITS

8-ON BOARD

9-Payment side and location

10-BL issue date

Post Author: Sahar Mosadegh