MBL/LBL and HBL functions as Bill of Lading.

MBL/LBL is issued by an ocean carrier of goods on receipts of goods after completion of export customs formalities of the exporting country.

HBL is issued by a freight forwarder when a shipper books cargo with them. The freight forwarder books the same cargo with the main ocean carrier and obtains MBL/LBL.

In the case of the Consolidation of cargo, there can be multiple HBL’s under a MBL.

Ocean carrier will issue one MBL/LBL for the total consolidated shipment irrespective of several HBL’s included in the consolidation.

A Sea Waybill is a transport document (contract of carriage) like a Bill of Lading.
however, seaway bill is not needed for cargo delivery and is only issued as a cargo receipt. It can either be issued in hard copy format or soft copy format both formats are acceptable by the carriers to issue Delivery Orders.

An original bill of lading (OBL) is a contract of carriage that serves as a title of the cargo and confirms the carrier’s receipt of the cargo.

Cargo issued with an original bill of lading can be released in one of two ways: with an endorsed original bill of lading, or with a telex release.

An express bill of lading is a type of bill of lading (B/L) in which the carrier is obligated
to deliver the goods to the named consignee and no original bills of lading (OBL) are issued.

The major difference between a Telex Release and an Express Release is as follows:

With a Telex Release, a physical Original Bill of Lading is issued, printed, and then
surrendered with an Express Release, no Original Bill of Lading is ever issued or printed.

A back to back bill of lading is when there is an NVOCC operator involved or when a

Freight Forwarder wants to issue their bill of lading. In such cases, the House Bill of Lading (HBL) issued by the NVOCC/Freight Forwarder will be an exact copy of the Master Bill of Lading issued by the actual shipping line

There is no restriction on the number of bills of lading that can be issued, but the number issued must be stated on the bill. Three bills are standard – one for the shipper, one for the consignee, and one for the banker, broker, or third party.

When there is a high degree of trust between the shipper and the consignee when the

goods will not be traded or sold during transport and when the goods are paid for with an approved line of credit.

Bill of Lading that cannot be transferred by endorsement is called a Non-Negotiable Bill of Lading.

A negotiable bill of lading instructs the carrier to deliver goods to anyone in possession of the original endorsed negotiable bill, which itself represents title to and control of the goods. Non-Negotiable.

A Telex Release can be defined as a message that is sent by an agent or shipping line

from the carrier office at origin to the destination carrier’s office. It can also be sent from an agent to an agent signifying that the shipper has already surrendered the OBL (Original Bill of Lading) issued to them, cargo can be released against a copy of this telex message or with a copy of the bill of lading.

Freight consolidation refers to the process of combining multiple shipments /packages or partial loads into one shipping container headed to a shared waypoint for final forwarding. This allows companies to use fewer loads and get shipments to their destinations more efficiently and cheaply

We strongly recommend not to do any amendments on the Bill of Lading after the vessel has been sailed. As soon as the Bill of Lading has been issued, any amendments are subject to carriers’ amendments’ fee.

We strongly recommend not to do any amendments on the Bill of Lading after the vessel has been sailed. As soon as the Bill of Lading has been issued, any amendments are subject to carriers’ amendments’ fee.

The fee may vary from $70 to $200.  Please also notice that completing B/L amendments is not guaranteed and may take an uncertain amount of time.

Unit of measurement equivalent to one forty-foot container. Two twenty-foot container TEUs) equal one FEU.

Container size standard of twenty feet. Two twenty-foot containers (TEUs) equal one FEU. Container vessel capacity and port throughput capacity are frequently referred to in TEUs.

FCL – an abbreviation for “Full Container Load”. This term is commonly used to describe a sea freight service that is designed for shipments of cargo where the shipper has exclusive use of sea multimodal container.

As a rule, containers are loaded and sealed by the shipper at the shipper’s facility. Then it is transported by ocean, rail, and/or truck directly to the point of final destination.

The cubic capacity of cargo that fits in different containers are approximately:

20ft container – approximately 33 cbm
20ft high cube container – approximately 37 cbm
40ft container – approximately 66 cbm
40ft container high cube – approximately 76 cbm

Sea freight LCL an abbreviation for “Less than Container Load”. This term is commonly

used in the sea freight industry and by international moving companies to describe a sea freight service designed for shipping boxed, crated, or palletized cargo that cannot fill an entire 20 or 40-foot sea container.