Shipping and Freight Resource
Educational Blog about Shipping and Freight
http://shippingandfreightresource.com
Endorsements on Bill of Lading
Endorsements on Bill of Lading - what goes on a House Bill of Lading (HBL) and Master
Bill of Lading (MBL)
Kindly let me know, In import FCL in which HBL is involved, who will Endorse on HBL
and who Will Endorse on MBL - question by reader Wasi Shah
In one of my previous articles we discussed the difference between House Bill of Lading and
Master Bill of Lading.. As outlined in that article a HBL is issued by a forwarder or NVOCC
operator to their clients whereas the MBL is issued by a shipping line to a forwarder, NVOCC
Operator or Groupage Operator..
So who endorses what on the HBL and MBL..??
The MBL released by a shipping line to the Forwarder, NVOCC Operator or Groupage Operator
is NOT issued in original or in a Negotiable form and is issued as a Seaway Bill or Express
Release so there won't be a need for any endorsements..
Below are the permutations that I have seen so far being used in bills of lading in the consignee
field and the relevant endorsements required.. Depending on how the HBL has been issued, the
endorsements will be as below..
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Shipping and Freight Resource
Educational Blog about Shipping and Freight
http://shippingandfreightresource.com
Bill of Lading
consigned to
A Company
Endorsements Required on the bill of lading
When consigned to a named consignee, the bill of lading is known
as a Straight Bill of Lading, and in the case of a Straight Bill of
lading, the release maybe given only to the named consignee and
this bill of lading is not negotiable or transferable..
When consigned to a named consignee, the bill of lading is known
Individual’s Name
as a Straight Bill of Lading, and in the case of a Straight Bill of
lading, the release maybe given only to the named consignee and
this bill of lading is not negotiable or transferable..Since the
consignee is a private individual, release may be effected only after
verification of Original ID of the person presenting the OBsL for
release..
To Order or To Order Shipper’s endorsement stating DELIVER TO THE ORDER OF
“ZYX Client” and ZYX’s company stamp and sign in case he is
of ZYX
taking the final delivery or his endorsement stating, DELIVER TO
THE ORDER OF “ABC Client” (if the cargo has been further
sold)….
Shipper’s endorsement stating DELIVER TO THE ORDER OF
To Order of Bank
“XYZ BANK” and banks’ endorsement stating, DELIVER TO THE
ORDER OF “ZYX Client” and ZYX’s company stamp and sign in
case he is taking the final delivery or his endorsement stating,
DELIVER TO THE ORDER OF “ABC Client” (if the cargo has been
further sold)..
What has been your experience with regards to HBL/MBL endorsements..??
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