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A buyer/shipper who holds the original BoL can claim the goods from the carrier at destination as long as the holder submits at least one original copy of the BoL. Clean: These documents are used to simply indicate the cargo was in good condition when loaded onto a vessel, much like a carrier's official sign-off.

A Bill of Lading can be amended before or after the booking confirmation is made with the logistics service provider. The key area that stops agents from amending the bill of lading is when the shipping manifest as been prepared, or a letter of credit clearly states that the bill of lading has to be clean.

A Negotiable Bill of Lading is used when the consignee or the buyer signs and endorses the documents, delivering them to the new consignee or the 'third party. ' In order to transfer the Negotiable Bill of Lading, the consignor must sign and stamp the bill.

A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper. This document must accompany the shipped goods and must be signed by an authorized representative from the carrier, shipper, and receiver.

A Switch Bill of Lading is simply the second set of bill of lading that may be issued by the carrier or their agent in exchange of or substituting the first set of bill of lading originally issued when the shipment was effected.. The KEYWORD here is in exchange of or substituting..

In summary, a bill of lading is a legal document that serves three vital purposes in the shipping process: as a receipt for shipping, as a title of goods, and as a contract of carriage. The carrier serves the bill of lading when they take control of the goods.

A Sea Waybill is evidence of a contract of carriage and receipt of the goods being transported; whereas a Bill of Lading acts as the contract of carriage and receipt of the goods, while also serving as a document of title affording ownership.