Distinction between Master B/L and House B/L

Master bill of lading means that the shipping company issued by the maritime bill of lading (Master B/L, also known as the main bill of lading, sea bill, referred to as M single), can be issued to the direct owner of the goods (at this time the forwarder does not issue a bill of lading), but also issued to the forwarder (at this time, the forwarder out of the goods on behalf of the bill of lading to the direct owner of the goods).

 

House B/L (also known as sub-bill of lading, referred to as H bill of lading), strictly speaking, should be called non-vessel operating common carrier (first-class freight forwarder), China from 2002 to start the relevant qualification certification, the freight forwarder in the Ministry of Transportation designated banks to deliver a deposit to be approved. The bill of lading is approved by the Ministry of Transportation and filed to obtain the NVOCC (non-vessel operating) qualification of the freight forwarder. (common carrier) qualification of the freight forwarder issued by the bill of lading, generally issued to the direct owner of the goods; sometimes there are peers to use the bill of lading, and the peers will issue their own bill of lading to their direct owner. Now exports are generally house-single, especially to Europe and the United States.

 

For exporters, both bills of lading can be used as negotiable documents, which banks will accept.

 

 

1. The bill of lading SHIPPER and CONSIGNEE columns filled out different content. Forwarder bill of lading SHIPPER is the actual exporter (direct owner), CONSIGNEE generally in accordance with the provisions of the letter of credit, fill in the consignment note with the contents of the columns, usually TO order; and M list issued to the actual exporter, SHIPPER fill in the exporter, CONSIGNEE in accordance with the contents of the consignment note to fill in; in the issue to the freight forwarding agent, SHIPPER fill in the forwarder, CONSIGNEE fill in the agent in the port of destination of the freight forwarder. When issued to the forwarder, SHIPPER fills in the forwarder, and CONSIGNEE fills in the forwarder's agent in the port of destination.

 

2. Different procedures for the exchange of manifests at the port of destination. As long as the holder of the M list can go directly to the destination port shipping agency for the import bill of lading with simple and fast procedures, the cost is relatively fixed and cheap, and the holder of the H list must go to the destination port forwarder for the M list. You can get the bill of lading, customs clearance, and lading formalities, but the cost of changing the list is more expensive and unfixed, all by the destination port forwarder to decide.

 

3. The M bill of lading is the most basic and real property right certificate. The shipping company will give the goods to the consignee indicated on the M bill in the port of destination. If the exporter gets the H list, the actual control of the shipment of goods is in the hands of the freight forwarder (at this time the consignee of the M list for the freight forwarder in the port of destination of the agent), and if the freight forwarding company goes bankrupt, the exporter (importer) cannot be based on the H list to send the goods to the shipping company.

 

4. For the whole box, both can be out of M single and can be out of H single. LCL goods can only be out of H single because the shipping company will not help the owner of the LCL, and the port of destination will not help the owner of the goods.

 

5. The general B/L number of the forwarder's list does not enter the customs manifest management system, and the bill of lading number on the import declaration is not the same; the B/L on the forwarder's list has changed the name of the company and the contact method, and the contact company is not a foreign agent or foreign transportation or other ports shipping companies.

 

 

1. For FOB freight collection business, usually the forwarder needs to call the consignee of the main bill to the agent of the port of destination, and then the forwarder will issue a sub-bill to the customer, and in the future, the agent of the port of destination will collect the freight charges from the consignee for them. On the one hand, the shipping company has certain limitations in doing freight collection, and on the other hand, the difference between the price of the shipping company and the price quoted to the customer is not very well handled if only the main bill is issued. But the agent can deal with this problem very well.

2. For DDU, the shipping company will only be responsible for the freight to the port of destination; if the consignor requires the forwarder to do a one-stop service, then the forwarder will need to come out of the sub-list, the main single agent in the port of destination; the agent is responsible for the port of destination customs clearance, delivery, and even the tax. This is the popular door-to-door service; the freight forwarder is responsible for the consignor's door from the consignee's door until the door.

3. For the business of triangle trade, the domestic forwarder will ask the shipping company out of the whole main list to their own, and then out of a set of consignors is the supplier, the consignee is the middleman of the sub-list, and then in the middleman of the place to do SWITCH BILL OF LADING, that is, the bill of lading of the consignor is the middleman, and the consignee is the actual port of destination of the consignee of the bill of lading.

4. For several customers' small cargoes combined together to spell a container to the same port of destination, then the forwarder will take a main hanging more points of the practice, that is, the main bill of lading of the consignee CONSIGN to the port of destination of the agent, and then out of a few sub-bills to each customer, sub-bill numbers coded 001A, 001B, 001C,..., the future port of destination of the agent will put the bill of lading to the consignee of the intermediary. In the future, the agent at the port of destination will bring up the container, and the customer will go to the port of destination to extract the part of goods belonging to him or her after customs clearance by virtue of the sub-list.

5. Under L/C payment mode (the letter of credit also stipulates that the H list can be accepted), if the exporter cannot produce by the stipulated delivery date and cannot load the ship on time, the exporter can ask the forwarder to issue HB/L and reverse sign the bill of lading, and of course, the forwarder will ask for the issuance of the letter of guarantee.

 

 

1. The shipper passes the consignment note to the forwarder, stating whether it is a full container or LCL.

2. FORWARDER will book the cabin with the shipping company; after the ship is on board, the shipping company will issue MBL to FORWARDER. The shipping company will issue MBL to the FORWARDER; the SHIPPER of MBL is the FORWARDER in the port of origin; and the CNEE is generally the branch or agent of the FORWARDER in the port of destination.

3. FORWARDER signs HBL to SHIPPER; the SHIPPER of HBL is the real cargo owner; CNEE generally signs the letter of credit as TO ORDER.

4. The carrier will deliver the goods to the destination port after the ship departs.

5.FORWARDER sends MBL to the branch office of the destination port by DHL, UPS, or TNT. (INCLUDING: CUSTOM CLEARANCE DOCS)

6. SHIPPER gets the bill of lading in the delivery period to the domestic negotiating bank to pay the bill of lading, foreign exchange settlement. If you do T/T SHPPER directly send documents to foreign customers,.

7. Negotiating with the bank for the full set of documents for the issuing bank settlement.

8. Consign to the issuing bank to pay the redemption order.

9. The forwarder of the destination port takes the MBL to the shipping company to exchange the bill of lading and clear the customs.

10. CONSIGNEE takes HBL to FORWARDER to take delivery of goods.

 

 

The surface distinction between the Master B/L and the House B/L can be distinguished from the bill of lading of the carrier or freight forwarder. The big shipping companies will know at a glance, like EISU, PONL, ZIM, YML, and so on.

Distinguish between the bill of lading of the shipowner and the bill of lading of the freight forwarder based on the following aspects:

1. If there is no special provision in the letter of credit, the freight forwarder's B/L (HB/L) forwarder's bill of lading is not acceptable.

2. The freight forwarder's bill of lading and the shipowner's bill of lading are mainly in the head and signature.

Owner of the bill of lading issued and signed, ISBP and UCP600 clearly stipulate that the carrier, the captain, or their named agent sign the issuance of its head for the name of the shipping company. Some of the big shipping companies will know at a glance, such as EISU, PONL, ZIMU, YMLU, and so on. The freight forwarding bill of lading, as long as the name of the freight forwarder is issued, does not have to show the name of the carrier; it does not have to show that it is the carrier's agent.

Finally, the bill of lading There is a general freight forwarding bill of lading, that is, a general freight forwarding bill of lading. As long as they have an agent in the port of destination or can borrow an agent, they can sign this bill of lading. In practice, there are no very strict norms, as the CARRIER or AGNET stamps have; part of the freight forwarder is not standardized; inverted signing; pre-borrowing can be; and the data forgery is likely to be easily deceived! Also, for this type of bill of lading, there is no evidence.