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Business wiki · Imports, exports and logistics

Bill of lading

A carrier document used in sea transport that records shipment information and has functions depending on its type and terms.

Search terms: BL B/L sea freight

A business example

An exporter sends a sea shipment under a sale requiring an agreed document-release arrangement.

Follow the exampleFictional business scenario
  1. Carrier record

    The bill of lading identifies shipment and consignee particulars.

  2. Document type

    The parties check whether the document is negotiable and how release works.

  3. Delivery arrangement

    The relevant documents or release instructions reach the entitled recipient.

What this shows

The consignee field and document form matter. A customs shipping bill cannot simply be substituted for the carrier's document.

What it is often confused with

A bill of lading and a customs shipping bill serve different purposes.

What to look at in your business

Confirm whether the document is negotiable and how delivery or release is authorised.

Context and further reading

This entry explains the business term. The related guide below provides the next layer of context; any applicable legal test depends on the transaction and relevant period.

International →

Related terms

Bill of entry

A customs declaration used for imported goods and their assessment and clearance.

Shipping bill

A customs declaration containing details of goods presented for export.

IEC

A DGFT business identification code used in the foreign-trade system, with applicability determined by the relevant rules.