DIFFERENCE BETWEEN HOUSE BILL OF LADING AND MASTER BILL OF LADING

A bill of lading is a standard-form document that is transferable by endorsement (or by lawful transfer of possession). Most shipments by sea are covered by the Hague Rules, the Hague-Visby Rules or the Hamburg Rules, which require the carrier to issue the shipper a bill of lading identifying the nature, quantity, quality and leading marks of the goods. There are two types of Bill of Lading and it might issued as HBL - House Bill of Lading or an MBL - Master Bill of Lading. The bill of lading is one of the requirement or document needed when filing Single ISF Bond (Importer Security Filing) and Single Entry Bond(Customs Clearing).

master bill of lading issued by the shipper

MASTER BILL OF LADING ISSUED IF

  • The Shipper will generally be the NVOCC operator, or their agent or the Freight Forwarder.
  • The Consignee will generally be the objective specialist or partner or office of the NVOCC operator, or the Freight Forwarder
  • The Notify could be equivalent to Consignee or some other party.
  • In light of a legitimate concern for the NVOCC operator and their protection inclusion/exposure, it is suggested that all the information on the HBL and MBL like vessel/voyage information, freight description, number of containers, seal numbers, weight, measurements should remain the same.. The main distinction ought to be in the transporter, consignee and notification details.
house bill of lading issued by agent

HOUSE BILL OF LADING ISSUED IF

  • The Shipper will normally be the actual transporter/exporter of the freight (or as directed by the LC - Letter of Credit)
  • The Consignee will normally be the actual recipient/merchant of the cargo(or as directed by the LC - Letter of Credit)
  • The Notify could be equivalent to Consignee (or some other party as directed by the LC - Letter of Credit).
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Except if denied by the L/C, the HBL is likewise utilized/treated as a debatable document and can be considered to fulfill the functions of a bill of lading. In any case, due consideration must be taken when utilizing HBL as a debatable report as I have gone over a counter-profitable and risky act of entrusting the HBL and MBL the very same which implies that there are two arrangements of bills of lading gave by two distinct substances for the same cargo.