Onboard B/L: B/L validated at the time of loading to transport. Onboard Air, Boxcar, Container, Rail, Truck and Vessel are the most common types.
Straight (Consignment) B/L: Indicates the shipper will deliver the goods to the consignee. It does not convey title (non-negotiable). Most often used when the goods have been pre-paid.
Optional Discharge B/L: B/L covering cargo with more than one discharge point option possibility.
Short Term B/L: Opposite of Long Form B/L, a B/L without the Terms & Conditions written on it. Also known as a Short Form B/L. The terms are incorporated by reference to the long form B/L.
Reconciled B/L: B/L set which has completed a prescribed number of edits between the shippers instructions and the actual shipment received. This produces a very accurate B/L.
Received for Shipment B/L: Validated at time cargo is received by ocean carrier to commence movement but before being validated as "Onboard".
Original B/L: The part of the B/L set that has value, especially when negotiable; rest of set are only informational file copies. Abbreviated as OBL.
Confirms the transfer of ownership of certain goods to another person in return for money paid or loaned.
The Baltic and International Maritime Council Information and support service located in Copenhagen (Denmark) Founded in 1905, n 1995 it had 2650 members in 110 countries: shipowners, brokers, agents, P&I; clubs.
Two metals of different coefficients of expansion welded together so that the piece will bend in one direction when heated, and in the other when cooled, and can be used to open or close electrical circuits, as in thermostats.