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BILL OF LADING &
INCO TERMS
BILL OF LADING
 A Bill of Lading (B/L) is a document issued by carrier which
details a shipment of merchandise and gives title of that
shipment to a specified party.
 It is also a receipt for cargo accepted for transportation, and
must be presented for taking delivery at destination.
It includes
 Shipper/Buyer
 Container Details
 Port of Loading/ Port of Destination
 Goods Description
TYPES OF BILL OF LADING
Two types of Bill of lading
 Negotiable Bill of Lading
 Non negotiable Bill of Lading
NEGOTIABLE BILL OF LADING
 Negotiable Bill of Lading is the Original copy of Bill of lading
requires to release the cargo from the buyers side
 3 copy of Master B/L needed to release the cargo
 Original Bill of Lading.
NON-NEGOTIABLE BILL OF LADING
 In Non-negotiable bill of lading there is no need for original
Bill of Lading
 Consignee can submit the scan copy of Bill of Lading to
release the container.
 Bill of lading copy, stamp, authorization letter required to
release the cargo
Non-Negotiable Bill of Lading
 Seaway
 Telex
 Surrender
 Express

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Bill of lading

  • 1. BILL OF LADING & INCO TERMS
  • 2. BILL OF LADING A Bill of Lading (B/L) is a document issued by carrier which details a shipment of merchandise and gives title of that shipment to a specified party. It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at destination. It includes Shipper/Buyer Container Details Port of Loading/ Port of Destination Goods Description
  • 3. TYPES OF BILL OF LADING Two types of Bill of lading Negotiable Bill of Lading Non negotiable Bill of Lading
  • 4. NEGOTIABLE BILL OF LADING Negotiable Bill of Lading is the Original copy of Bill of lading requires to release the cargo from the buyers side 3 copy of Master B/L needed to release the cargo Original Bill of Lading.
  • 5. NON-NEGOTIABLE BILL OF LADING In Non-negotiable bill of lading there is no need for original Bill of Lading Consignee can submit the scan copy of Bill of Lading to release the container. Bill of lading copy, stamp, authorization letter required to release the cargo
  • 6. Non-Negotiable Bill of Lading Seaway Telex Surrender Express