‘BILL LADING INSTRUCTIONS‘, AN IN-DEPTH GUIDE AGAINST FREIGHT DELIVERY
Since we’re familiar with the subject document, next is to dive into ‘bill lading instructions’ which are stipulated instructions on a bill of lading document from the shipper or the shipping company where the exportation of the goods actually originated before it’s confirmed by the agent (Shipping company) or liner at the port of unloading, who in turn notifies the consignee for its delivery. However, these shipping instructions are given for logistics purposes (documentation process, payable charges, nature of shipment, and the bill of lading document that should be presented against cargo release). Something to note is the phrase used here – ‘bill lading instructions’ instead of ‘bill of lading instructions’ is deployed and will be used occasionally due to search engine optimization purposes (SEO).
A quick reminder, we would recall we promised to discuss the ‘Draft Copy’ and ‘Verify Copy’ bill of lading document in our next post, which is this. And with that said, let’s deal with it right away.
VERIFY COPY
The subject document which comes in this form (Verify Copy bill of lading) are documents that originate exclusively from a liner that’s under the contract of carriage of goods and forwarded by the shipper to their agent (Shipping Company) at the port of destination as part of freight’s documents (also known as pre-alert), used only for documentation purpose, prior to the vessel’s arrival at the port of unloading, while same is equally known as master’s copy.
The ‘verify copy’ bill of lading document is a significant document that provides the shipping company (agent) at the port of unloading with detailed information of all that is enclosed in a single freight, for example; the less than container load (LCL) shipment, the total number of consignees for a consolidated shipment, cargo descriptions and the shipping line to be contacted by the agent (shipping company) for the retrieval process. After the shipping line and the terminal or port’s requirements have been met. NOTE: The container must exit the terminal after release, within the period it was billed (rated date), otherwise, it will incur demurrage.
DRAFT COPY
Draft copy bill of lading document, are bill of lading documents that focuses on individual consignee who with others shipped goods as a less than container load, which should tally with the manifest, and forwarded only by the principal to their agent (shipping company) at destination or port of unloading for documentation purpose.
On this bill of lading lies instructions (equally stipulated on the manifest), that reflect the same bill of lading that was issued to the consignee for cargo delivery, which is used by clearing agents for custom documentation and delivery, prior to the latter ought to have been transmitted to the customs portal command for entry purposes. However, this same bill of lading as instructed by the principal on the draft copy is the bill of lading the shipping company at the destination must release goods upon presentation. The bearer of its original copy (negotiable) stands as the owner of the cargo. But if the owner failed to submit the original copy, in case of transshipment cargo, cargo will be released upon ‘TELEX’ (non-negotiable), in turn, attract a charge payable to the shipping company at destination before such goods will be delivered to the consignee or his representative.
For logistics purposes, the bill lading instructions are often detailed in this manner. Such as Please release cargo against the presentation of B/L: xxxxxxx7893 (bill of lading number).
FREE-ON-BOARD (FOB)
FOB simply meant the point at which freight ownership changes hands from shipper to consignee. While on transit the owner of goods in transit is viewed liable for damages and loss to freight, therefore, the need for insurance should be provided. For example:
FOB – origin, freight collect means consignee pays freight charges and own cargo on transit.
FOB – destination, freight prepaid means shipper pays freight charges and own cargo on transit.
FOB – destination, freight prepaid and charged back equally means shipper own cargo in transit, pays for freight but bills consignee for the charges.
Lastly, the agent to be contacted for cargo delivery is the shipping company at the port of unloading, and such instructions are often stipulated in the right-hand section of the bill of lading document.
- I hope you found this article on bill lading instruction, helpful?
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