Types of bill of lading (TOBL)

Types of bill of lading (TOBL)

Types of bill of lading (TOBL)

There are various types of Bill of Lading (BOL). Some of these are acceptable whereas the other are not acceptable until the LC specifically permits.

Bill of Lading (BOL) are :

  1. Clean Bill of Lading (CBOL)
  2. On Board Bill of Lading (OBBOL)
  3. Through Bills of Lading(TBOL)
  4. Straight Bill of Lading (STBOL)
  5. Charter Party Bill of Lading (CPBOL)
  6. Stale Bill of Lading (SBOL)
  7. Other Bills of Lading (OBOL)

 

  1. Clean Bill of Lading (CBOL)

While it is not carrier’s responsibility to examine and verify the contents of the packages consigned for shipment, he does see that the packing is good enough for the requirements of the contents and to stand the handling the goods will receive before they are delivered. A bill of lading which indicate that the goods are in apparent good condition without any qualification is known as a ‘clean’ bill of lading. If, on the other hand , it bears some remark relating to a defect in packaging, such as ‘ cases broken’ etc. it is known as ‘claused’ bill of lading . A claused Bill of lading may also contain additional clauses limiting the responsibility of the shipping company and indicating defective conditions of the goods. Such a bill of lading is not acceptable document under LC, unless specifically authorized. Moreover, an insurance also does not provide any over for the port of the cargo which is poorly packed.

 

  1. On Board Bill of Lading (OBBOL)

On board bill of lading means that the goods to be transported have actually been loaded on board the vessel which is to carry them. The master ship signs the documents when goods have been loaded. An ‘ on board’ bill of lading is satisfactory from the point of view of all parties concerned. The consignor is assured that the goods have been loaded and will reach the destination. The consignee has equal assurance when he receives the documents that the goods will arrive in time and will available to him on surrender of documents.

Sometimes there may not be a vessel at the port when the goods are offered for shipment. The carrier may then issue what is known as a ‘ received for payment’ bill of lading. The bill only indicates that the goods have been delivered to the ship owners but have not actually been put on board. There can be no certainty that the vessel mentioned will actually be available, for there can be conditions which may prevent its departure at any specific time. Delays may occur and goods may not reach the destination in time. Such type of bill of lading is not acceptable under LC unless specifically permitted.

 

  1. Through Bills of Lading(TBOL)
  2. When goods are carried booth overland and overseas or during the sea voyage have to transshipped at an intermediate port, the carrier which takes the goods first issues a ‘Through Bills of Lading(TBOL)” . This kind of bill does not provide any assurance that actual shipment on the named vessel took place. Moreover , during transit, the goods may come into possession of persons who are not parties to the bill under a CIF contract. The banker has a right to reject such a bill in connection with a credit which calls for delivery of a bill of lading, unless there is a specific authorization for its acceptance. Therefore, the Through Bills of Lading(TBOL)bcovers goods which are to be transshipped an route and covers the whole voyage. It is acceptable if transshipment is permitted.
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    Straight Bill of Lading (SBOL)

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    Types of bill of lading (TOBL)

    Types of bill of lading (TOBL)