What does consignee mean?
When goods are traded internationally, the parties involved in the transaction must decide on the goods’ terms of sale. This can include information on the goods, the price, the date,…
A Brief Introduction: Bill of Lading
A bill of lading is a document that is issued to a person or a company acknowledging the receipt of goods from a carrier. The bill of lading is used…
Difference between House and Master bill of lading
The main difference between a Master Bill of Lading and a House Bill of Lading, would be that the Master document is used for consolidating several or multiple House Bills…
Who issues the Bill of Lading?
What is the bill of lading used for? The bill of lading or B/L, serves as a maritime transport contract. It is a document of proof that the required goods…
How to prepare a Bill of Lading?
When you ship any item around the world, you can find yourself facing a great deal of paperwork and documentation. While you don't want to forget any of those documents…
What is a telex release?
There are cases where the shipper or exporter surrenders their original bills of lading at the load port. In such a scenario, a telex release could come into play. After…
MAWB Master Air Waybill
What is a MAWB or Master Air Waybill The Master Air Waybill is usually issued by the carrier of the cargo. This document acts as a form of proof that…
What documents should I retain for record keeping?
Customs Record Keeping Requirements When it comes to record keeping requirements, the following can differ between country to country: Which records to keep How long to keep In what format…
Difference between Sea Waybill vs Bill of Lading
What is a Bill of Lading? A Bill of Lading can be categorized in many different ways, but in general an original B/L refers to a document issued by the…
What is the purpose of Bill of Lading?
Bills of lading are transportation documents that carriers issue to shippers. These contain information regarding the shipment such as quantity, destination and type of cargo. A B/L can be a…
What does NVOCC mean?
Non Vessel Owning Common Carrier (NVOCC) refers to a transportation operator that does not own any ocean going vessel assets. The transport operator will take care of operations that include…
Difference between LCL and FCL
What does LCL and FCL mean? FCL refers to “Full Container Load” whereas LCL means “Less than Container Load”. Both these terms are used quite often and commonly in international…
