{"id":11197,"date":"2018-01-19T15:55:22","date_gmt":"2018-01-19T15:55:22","guid":{"rendered":"https:\/\/www.tradefinanceglobal.com\/?page_id=11197"},"modified":"2025-01-09T16:51:23","modified_gmt":"2025-01-09T16:51:23","slug":"bill-of-lading-bl-bol","status":"publish","type":"page","link":"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/bill-of-lading-bl-bol\/","title":{"rendered":"What Is Bill of Lading? BoL Guide &#038; Example"},"content":{"rendered":"\n<div class=\"wp-block-columns container w-auto is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><div class=\"block-header-without-image d-flex flex-direction-column justify-content-center\">\n    <h2 class=\"fs-32 fw-700 fs-xs-28 not-for-table-content\" id=\"heading-what-is-bill-of-lading-bol-guide-example\">\n        What Is Bill of Lading? BoL Guide &#038; Example    <\/h2>\n    <div class=\"d-grid grid-col-2 grid-col-xs-1\">\n                            <div class=\"\">\n                <div>Last updated on 09 Jan 2025<\/div>\n                <div>19 Jan 2018 . 5 min read<\/div>\n            <\/div>\n            <\/div>\n    <\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"869\" height=\"352\" src=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example.jpg 869w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-300x122.jpg 300w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-768x311.jpg 768w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-320x130.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-370x150.jpg 370w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-414x168.jpg 414w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-600x243.jpg 600w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-372x151.jpg 372w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-450x182.jpg 450w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-380x154.jpg 380w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/05\/What-Is-Bill-of-Lading_-BoL-Guide-Example-285x115.jpg 285w\" sizes=\"auto, (max-width: 869px) 100vw, 869px\" \/><\/figure><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns container w-auto is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><div class=\"block-buttons bg-anti-flash-white rounded p-24 h-100 xs-h-auto\" style=\"background-color: #f2f5f7 !important;\">\n  <div class=\"d-grid grid-col-1 grid-col-xs-1 mb-12\">\n    <h4 class=\"not-for-table-content fs-24 fw-700\" id=\"heading-most-popular\">Most Popular<\/h4>\n  <\/div>\n  <div>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/\">\n        Introduction to Freight Forwarding      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/difference-between-igm-bill-of-entry\/\">\n        Import General Manifest (IGM) &#038; a Bill of Entry      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/fcl-full-container-load-versus-lcl\/\">\n        Full Container Loads vs Less than Container Loads      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/inbound-logistics-definition\/\">\n        Inbound Logistics      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/incoterms\/\">\n        Incoterms\u00ae 2020 Rules      <\/a>\n      <\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<div class=\"wp-block-columns country-quick-link is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><div class=\"block-buttons bg-anti-flash-white rounded p-24 h-100 xs-h-auto\" style=\"background-color: #ebf5f4 !important;\">\n  <div class=\"d-grid grid-col-1 grid-col-xs-1 mb-12\">\n    <h4 class=\"not-for-table-content fs-24 fw-700\" id=\"heading-modes-of-transport\">Modes of Transport<\/h4>\n  <\/div>\n  <div>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/air-freight\/\">\n        Air Freight      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/container-shipping\/\">\n        Container Shipping      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/ocean-freight\/\">\n        Ocean Freight      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/air-cargo-manifest\/\">\n        Air Cargo Manifest      <\/a>\n      <\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><div class=\"block-buttons bg-anti-flash-white rounded p-24 h-100 xs-h-auto\" style=\"background-color: #e5f5ff !important;\">\n  <div class=\"d-grid grid-col-1 grid-col-xs-1 mb-12\">\n    <h4 class=\"not-for-table-content fs-24 fw-700\" id=\"heading-documentation-processes\">Documentation &#038; Processes<\/h4>\n  <\/div>\n  <div>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/bill-of-lading-bl-bol\/\">\n        Bill of Lading (BL)      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/demurrage\/\">\n        Demurrage      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/telex-release\/\">\n        Telex Releases      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/reefer-containers\/\">\n        Reefer Containers      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/what-is-igst-sgst-and-cgst\/\">\n        IGST, SGST &amp; CGST      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/marine-insurance\/\">\n        Marine Insurance      <\/a>\n      <\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><div class=\"block-buttons bg-anti-flash-white rounded p-24 h-100 xs-h-auto\" style=\"background-color: #E6FAFE !important;\">\n  <div class=\"d-grid grid-col-1 grid-col-xs-1 mb-12\">\n    <h4 class=\"not-for-table-content fs-24 fw-700\" id=\"heading-logistics-management\">Logistics Management<\/h4>\n  <\/div>\n  <div>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/what-is-cfs\/\">\n        Container Freight Stations      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/what-is-cy-cy\/\">\n        Container Yards (CY)      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/dsv-tracking\/\">\n        DSV Tracking      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/shipping-management-software\/\">\n        Shipping Management Software      <\/a>\n          <a class=\"d-inline-block mr-10 mb-10 py-8 px-16 rounded bordered border-light text-black bg-white fs-14 fw-700\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/explained-port-and-starboard\/\">\n        Port &amp; Starboard      <\/a>\n      <\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns container w-auto is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><div class=\"bg-light-blue d-flex gap-16 h-auto p-16 rounded xs-flex-direction-column\">\n    <div class=\"\">\n    <img decoding=\"async\" style=\"min-width:100px;max-width: 150px\" src=\"https:\/\/secure.gravatar.com\/avatar\/e76723ef35540b976c89c84418177c23?s=160&#038;d=mm&#038;r=g\" class=\"w-100 rounded\">\n  <\/div>\n  <div class=\"col-span-2 col-span-xs-1\">\n    <div class=\"d-flex flex-direction-column gap-16 fs-16 justify-content-between\">\n      <div class=\"fs-16 fw-700\">Brian Canup<\/div>\n      <div class=\"fs-14 fw-400 elipsise-2-line\" title=\"Brian Canup is a former Editorial &amp; Research Assistant at Trade Finance Global (TFG). He graduated with an MA in International Political Economy from King's College London, and a BA in Political Science from the University of Wisconsin-Madison.\">\n        Brian Canup is a former Editorial &amp; Research Assistant at Trade Finance Global (TFG). He graduated with an MA in International Political Economy from King&#8217;s College London, and a BA in Political Science from the University of Wisconsin-Madison.      <\/div>\n      <div>\n        <a class=\"text-black fs-12 small-link-arrow-right\" href=\"https:\/\/www.tradefinanceglobal.com\/posts\/?author=491\">\n          <span>\n            Latest Post          <\/span>\n        <\/a>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n<div style=\"min-height:100px!important;\" class=\"block-cta max-w-100 p-32 h-auto rounded sm-w-60 dark-mode bg-black align wp-block-acf-block-cta\">\n  <h4 id=\"heading-access-trade-receivables-and-supply-chain-finance\" class=\"fs-24 fw-700 elipsise-2-line dark:color-white not-for-table-content\">\n    Access trade, receivables and supply chain finance  <\/h4>\n  <p class=\"block-subtitle dark:color-white\">We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.<\/p>\n  <a href=\"https:\/\/www.tradefinanceglobal.com\/get-trade-finance\/\" class=\"dark:text-black px-16 py-8 rounded bg-black text-white fs-14 fw-700 dark:bg-tale\">\n    <span>Get Started<\/span>\n  <\/a>\n<\/div>\n\n\n<p><\/p>\n\n\n<div class=\"block-cta p-24 h-auto rounded\">\n    <h4 id=\"heading-\" class=\"fs-24 fw-700 elipsise-2-line dark:color-white not-for-table-content\">\n      <\/h4>\n  <p class=\"fs-16 fw-400 dark:color-white\">Download the incoterms guide<\/p>\n  <div class=\"mb-20\">\n    <img loading='lazy' alt='Short-Incoterms-Guide-724&#215;1024' style='width:auto; height:200px'  width='auto' height='auto' src='https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-150x150.jpg' srcset='https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-212x300.jpg 212w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-320x453.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-370x523.jpg 370w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-414x586.jpg 414w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-141x200.jpg 141w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-177x250.jpg 177w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-115x162.jpg 115w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-112x159.jpg 112w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-87x123.jpg 87w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1-134x190.jpg 134w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/07\/Short-Incoterms-Guide-724x1024-1.jpg 724w' \/>  <\/div>\n      <a href=\"https:\/\/www.tradefinanceglobal.com\/login\/?redirect_url=https%3A%2F%2Fwww.tradefinanceglobal.com%2Fwp-json%2Fwp%2Fv2%2Fpages%2F11197\"  class=\"dark:text-black px-16 py-8 rounded bg-black text-white fs-14 fw-700 dark:bg-tale\">\n      <span>Download<\/span>\n    <\/a>\n    <\/div>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-contents\">Contents<\/h2>\n\n\n<div class=\"block-table-content h-auto bg-white auto\">\n    <ul class=\"table-content\"><\/ul><\/div>\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-bill-of-lading\">What is a bill of lading?<\/h2>\n\n\n<div class=\"block-content align bg-tale rounded p-24 h-auto fs-16 wp-block-acf-block-content\"style=\"background-color: #FFFFFF;color: #002F4D;\"\n>\n    <p><!-- wp:paragraph --><\/p>\n<p>In international trade, the bill of lading (BoL), often referred to as BL or B\/L, is used when\u00a0<a href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/shipping-management-software\/\">shipping<\/a>\u00a0goods from supplier to buyer.<\/p>\n<p>&nbsp;<\/p>\n<p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p>\n<p>The BoL is a legal document that provides multiple functions to make shipping more secure.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-are-the-functions-of-a-bill-of-lading\">What are the functions of a bill of lading?<\/h2>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:16px\">\n<li>A receipt confirms the goods have been transferred to the carrier (shipping company). Before shipping the goods, the carrier (shipping company) will check the description of the goods and sign the bill of lading.<\/li>\n\n\n\n<li>Evidence of the contract to undertake delivery of goods.<\/li>\n\n\n\n<li>Document of title (indication of ownership over goods).<\/li>\n<\/ul>\n\n\n\n<p style=\"font-size:16px\">The BoL describes the origin and destination of the goods, the quantity, and the description of the goods and shipping costs.&nbsp;<a href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/bill-of-lading-bl-bol\/#examples-of-bills-of-lading\">Click here for some examples of what a bill of lading looks like<\/a><\/p>\n\n\n\n<p style=\"font-size:16px\">The BoL will also include INCOTERMS, if you need help take out a look at our&nbsp;<a href=\"https:\/\/www.tradefinanceglobal.com\/incoterms\/\">guide to INCOTERMS<\/a>.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-are-bills-of-lading-used\">Why are bills of lading used?<\/h2>\n\n\n\n<p style=\"font-size:16px\">Bills of lading come into use when goods are moving and a transfer of title happens. Therefore they are used as a receipt; which is issued by the carrier when the product has been loaded onto a vessel.<\/p>\n\n\n\n<p style=\"font-size:16px\">The BoL is used as proof of shipment. This is particularly important for use in the customs process, insurance, and financial instruments. It is also used as commercial proof to show agreements have been fulfilled.<\/p>\n\n\n\n<p style=\"font-size:16px\">For example in a Letter of Credit (LC), normally the supplier must send the BoL to their advising bank which will send it to the buyer issuing bank which will be accepted or rejected by the buyer before the payment is made. The BoL is also required by the buyer to present to the shipper to receive the goods.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1.jpg\" alt=\"\" class=\"wp-image-105940\" srcset=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1.jpg 768w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-300x200.jpg 300w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-285x190.jpg 285w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-320x213.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-370x247.jpg 370w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-414x276.jpg 414w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-450x300.jpg 450w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-375x250.jpg 375w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-243x162.jpg 243w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-239x159.jpg 239w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/full-container-load-TFG-e1495882464842-768x512-1-185x123.jpg 185w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-are-bills-of-lading-transferred\">How are bills of lading transferred?<\/h2>\n\n\n\n<p style=\"font-size:16px\">The BoL is transferred by endorsement or by lawful transfer of possession. A carrier must issue a bill of lading to the shipper which sets out the description of goods being shipped. The consignee should have received one of the BoLs so that when the goods arrive at the port they can\u2019t be given to the shipowner to receive goods.<\/p>\n\n\n\n<p style=\"font-size:16px\">The buyer is often referred to as the consignee, and the supplier is often referred to as the shipper, with the carrier normally being the shipping company that is delivering the goods.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-are-there-3-bills-of-lading-issued\">Why are there 3 bills of lading issued?<\/h2>\n\n\n\n<p style=\"font-size:16px\">The traditional number is three; as one will be taken by the shipper, the consignee, and the other is usually taken by the lender or another party. It is not always the case that three bills of lading are issued; the number used is stated on the bill. However, it is preferred to have fewer BoLs; as the increased number creates a higher chance of releasing goods to the wrong party and fraud.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-are-the-types-of-bills-of-lading\">What are the types of bills of lading<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. Onboard bill of lading<\/h3>\n\n\n\n<p style=\"font-size:16px\">Depending on the contract with the buyer or other requirements to meet standards for finance or insurance, the carrier may need an onboard BoL. This notifies that the goods are on board the ship (not just in port).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Clean bill of lading:<\/h3>\n\n\n\n<p style=\"font-size:16px\">Indicates the goods have been checked and when left with the shipper had no discrepancies to the description of goods. This is very important for letters of credit (LC), the clean BoL is a declaration that the goods in the shipment are up to the standard described in the LC.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Claused bill of lading:<\/h3>\n\n\n\n<p style=\"font-size:16px\">If goods are damaged, the carrier issues a claused bill of lading noting the level and quantity of goods that have been damaged. The consignee has the ability to reject the shipment upon arrival.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. Straight bill of lading:<\/h3>\n\n\n\n<p style=\"font-size:16px\">If a supplier is shipping directly to a buyer who has paid in advance. Only the consignee, in this case, the buyer, can sign the BoL. Therefore the BoL cannot be amended (destination or ownership).<\/p>\n\n\n\n<p style=\"font-size:16px\">We usually see bills of lading classed in two areas; being a straight BL and a to order BL. A straight BL is issued in favour of a specifically named consignee; which is not negotiable.<\/p>\n\n\n\n<p style=\"font-size:16px\">Conversely, an order BL is where there is no specific consignee; which is outlined on the document. Thus, this type of BL can be transferred or negotiated to be in favour of another party.<\/p>\n\n\n\n<p style=\"font-size:16px\">There is also the Switch Bill of Lading \u2013 read our article here which describes what a&nbsp;<a href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/switch-bills-of-lading\/\">switch BL<\/a>&nbsp;is.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Examples of Bills of Lading<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"791\" height=\"1024\" src=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-791x1024.jpg\" alt=\"\" class=\"wp-image-105951\" srcset=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-791x1024.jpg 791w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-232x300.jpg 232w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-768x994.jpg 768w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-320x414.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-370x479.jpg 370w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-414x536.jpg 414w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-155x200.jpg 155w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-193x250.jpg 193w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-125x162.jpg 125w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-123x159.jpg 123w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-95x123.jpg 95w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01-147x190.jpg 147w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-01.jpg 900w\" sizes=\"auto, (max-width: 791px) 100vw, 791px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"390\" height=\"475\" src=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF.jpg\" alt=\"\" class=\"wp-image-105952\" srcset=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF.jpg 390w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-246x300.jpg 246w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-320x390.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-370x451.jpg 370w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-164x200.jpg 164w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-205x250.jpg 205w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-133x162.jpg 133w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-131x159.jpg 131w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-101x123.jpg 101w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/FedEx-Freight-Bill-of-Lading-PDF-156x190.jpg 156w\" sizes=\"auto, (max-width: 390px) 100vw, 390px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"791\" height=\"1024\" src=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-791x1024.jpg\" alt=\"\" class=\"wp-image-105953\" srcset=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-791x1024.jpg 791w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-232x300.jpg 232w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-768x994.jpg 768w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-320x414.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-370x479.jpg 370w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-414x536.jpg 414w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-155x200.jpg 155w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-193x250.jpg 193w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-125x162.jpg 125w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-123x159.jpg 123w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-95x123.jpg 95w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02-147x190.jpg 147w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/bill-of-lading-02.jpg 900w\" sizes=\"auto, (max-width: 791px) 100vw, 791px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"952\" src=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample.jpg\" alt=\"\" class=\"wp-image-105960\" srcset=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample.jpg 1024w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-300x279.jpg 300w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-768x714.jpg 768w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-320x298.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-370x344.jpg 370w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-414x385.jpg 414w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-323x300.jpg 323w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-215x200.jpg 215w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-269x250.jpg 269w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-174x162.jpg 174w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-171x159.jpg 171w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-132x123.jpg 132w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/STRAIGHT-BILL-OF-LADING-sample-204x190.jpg 204w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"charges-for-bills-of-lading\">Charges for bills of lading<\/h2>\n\n\n\n<p style=\"font-size:16px\">The BoL is usually paid by the carrier of goods. In 2022,&nbsp;<a href=\"https:\/\/www.container-xchange.com\/blog\/bill-of-lading\/#how_much_does_a_bol_cost\" target=\"_blank\" rel=\"noreferrer noopener\">Container-xChange<\/a>, a logistics company, suggests that the charges range but start from USD 5 to USD 20.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"electronic-bills-of-lading\">Electronic bills of lading<\/h2>\n\n\n\n<p style=\"font-size:16px\">Electronic bills of lading are becoming recognised in some jurisdictions as equivalent and fulfilling the role of paper bills of lading. For this to be successful the eBL has to reflect the function of the paper BoL.<\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:16px\">\n<li style=\"font-size:16px\">Confirmation that goods have been transferred to ship.<\/li>\n\n\n\n<li style=\"font-size:16px\">Evidence of the contract for shipment of goods.<\/li>\n\n\n\n<li style=\"font-size:16px\">Document of title, for the lawful transfer of ownership.<\/li>\n<\/ul>\n\n\n\n<p style=\"font-size:16px\">Notably, Singapore by accepting the UNCITRAL Model Law on Electronic Transferable Records (MLETR) and adapting some Singapore legislation has opened up to using eBLs.<\/p>\n\n\n\n<p style=\"font-size:16px\">In the UK, the law commission for England and Wales released a report and draft legislation in March 2022 on electronic transferable records (ETR) which includes eBLs. The recommendations build a framework for assessing the reliability of an ETR, the ability to identify the party that is in control of an ETR at one time, and the transferability of an ETR such that the previous owner is unable to change this.<\/p>\n\n\n\n<p style=\"font-size:16px\">Furthermore, an agglomeration of leading institutions in the trade space is looking to&nbsp;<a href=\"https:\/\/www.tradefinanceglobal.com\/wire\/e-bills-of-lading-incoming-future-international-trade-fit-alliance-formed-by-dcsa-bimco-fiata-icc-swift\/\">standardise<\/a>&nbsp;the use eBLs. They are working to build adoption and acceptance by regulators, banks, and insurance companies.<\/p>\n\n\n\n<p style=\"font-size:16px\">These are positive first steps, however, still very few jurisdictions have adopted a legal framework that accepts eBLs, so the volume of trade using eBLS is still low. Nonetheless despite the expected slow takeup, trade digitisation initiatives will eventually snowball and this will include in these eBLs.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-benefits\">Benefits<\/h4>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:16px\">\n<li style=\"font-size:16px\">Lower administrative costs, of paper and admin in sending the paper BoL.<\/li>\n\n\n\n<li style=\"font-size:16px\">Better speed and security when transferring and amending eBLs.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Issues:<\/h4>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:16px\">\n<li style=\"font-size:16px\">The key functionality of a BoL is that it is a \u2018document of title\u2019, most jurisdictions do not accept eBLs as \u2018document of titles\u2019 so are not used in traditional insurance or financial instruments.<\/li>\n\n\n\n<li style=\"font-size:16px\">Low interoperability remains an issue, due to the low uptake by stakeholders and legal frameworks mean that they haven\u2019t built systems to facilitate of eBLs. This will continue unless legal frameworks reform to recognise ETRs, which is a long process.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-testimonial\">Testimonial<\/h2>\n\n\n\n<p class=\"bg-anti-flash-white rounded p-24 h-auto\" style=\"font-size:16px\">An example of when a bill of lading may be used is where there is a shipment across two countries. Bills of lading are used and forwarded onto the end buyer or offtaker. It may be the case that payment is only made when the original or copy bills of lading are received by the end buyer or lender They are used as a receipt of the shipment, confirmation of the underlying goods and to show the passing of title. \u2013 John B, Metals Trader<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column bg-tale rounded p-24 h-auto is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"><strong>Case Study<\/strong><\/h3>\n\n\n<div class=\"block-content align bg-white rounded p-24 h-auto wp-block-acf-block-content\"style=\"background-color: #FFFFFF;color: #002F4D;\"\n>\n    <p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-105974\" src=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal.jpg\" alt=\"\" width=\"1200\" height=\"902\" srcset=\"https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal.jpg 350w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-300x225.jpg 300w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-320x240.jpg 320w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-266x200.jpg 266w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-333x250.jpg 333w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-216x162.jpg 216w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-212x159.jpg 212w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-164x123.jpg 164w, https:\/\/www.tradefinanceglobal.com\/wp-content\/uploads\/2024\/04\/scrap-metal-253x190.jpg 253w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h4 class=\"member-role\" style=\"text-align: left;\">Metals Distributor<\/h4>\n<div class=\"member-role\">\n<p>Trade Finance Global along with their partner funders assisted us by clearly explaining how a new financing structure worked. This was when we were working on a shipment of metals travelling from Singapore to India. They clearly set out the documents that were to be sent by the supplier to us (as the buyer). This included the purchase order, packing list and bills of lading. The lender also had to receive these documents and would only make payment upon their receipt. However, in relation to the bills of lading, they would make payment upon receiving the copies of these documents.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<section class=\"full-width block-grid_topics dark-mode\" data-block=\"grid_topics\" data-theme=\"dark\">\n  <div class=\"block-topics\">\n    <h1 class=\"container w-auto fs-xs-20 mb-xs-20 not-for-table-content\"><\/h1>\n    <div class=\"control container w-auto clearfix topic-tabs position-relative\">\n              <ul class=\"tabs tabs-horizontal d-inline-block mb-30\">\n                      <li class=\"px-24 py-12 fs-16 fs-xs-14 active\"\n            data-post-type=\"post\"\n            data-source=\"topic\"\n            data-limit=\"14\"\n            data-include=\"\"\n            data-cat=\"850,851,11052,3822\"\n            data-cat-relationship=\"in\"\n            data-key-category=\"\"\n            data-link=\"\"\n            data-link-title=\"\"\n            default-link=\"\"\n            default-btn-text=\"\">\n              All Topics            <\/li>\n                      <li class=\"px-24 py-12 fs-16 fs-xs-14 \"\n            data-post-type=\"page\"\n            data-source=\"topic\"\n            data-limit=\"40\"\n            data-include=\"\"\n            data-cat=\"851\"\n            data-cat-relationship=\"in\"\n            data-key-category=\"\"\n            data-link=\"\"\n            data-link-title=\"\"\n            default-link=\"\"\n            default-btn-text=\"\">\n              Key Terms            <\/li>\n                      <li class=\"px-24 py-12 fs-16 fs-xs-14 \"\n            data-post-type=\"page\"\n            data-source=\"topic\"\n            data-limit=\"20\"\n            data-include=\"\"\n            data-cat=\"3822\"\n            data-cat-relationship=\"in\"\n            data-key-category=\"\"\n            data-link=\"\"\n            data-link-title=\"\"\n            default-link=\"\"\n            default-btn-text=\"\">\n              Incoterms Resources            <\/li>\n                      <li class=\"px-24 py-12 fs-16 fs-xs-14 \"\n            data-post-type=\"post\"\n            data-source=\"topic\"\n            data-limit=\"14\"\n            data-include=\"\"\n            data-cat=\"850,11052,851\"\n            data-cat-relationship=\"combined\"\n            data-key-category=\"2827\"\n            data-link=\"\"\n            data-link-title=\"\"\n            default-link=\"\"\n            default-btn-text=\"\">\n              Podcasts            <\/li>\n                      <li class=\"px-24 py-12 fs-16 fs-xs-14 \"\n            data-post-type=\"post\"\n            data-source=\"topic\"\n            data-limit=\"14\"\n            data-include=\"\"\n            data-cat=\"850,11052,851\"\n            data-cat-relationship=\"combined\"\n            data-key-category=\"3525,10707\"\n            data-link=\"\"\n            data-link-title=\"\"\n            default-link=\"\"\n            default-btn-text=\"\">\n              Videos            <\/li>\n                      <li class=\"px-24 py-12 fs-16 fs-xs-14 \"\n            data-post-type=\"conference\"\n            data-source=\"topic\"\n            data-limit=\"14\"\n            data-include=\"\"\n            data-cat=\"850,11052,851\"\n            data-cat-relationship=\"in\"\n            data-key-category=\"\"\n            data-link=\"\"\n            data-link-title=\"\"\n            default-link=\"\"\n            default-btn-text=\"\">\n              Conferences            <\/li>\n                  <\/ul>\n            <select class=\"topics-sort d-hidden\">\n        <option value=\"title-asc\">A-Z<\/option>\n        <option value=\"date-desc\" selected>Latest<\/option>\n      <\/select>\n      <div class=\"border-light-blue bg-white fs-16 fw-700 pointer bordered dark:bg-maastricht-blue position-absolute rounded-md sorting-dropdown px-16 py-10\">\n        <span class=\"display-value d-block\">Latest<\/span>\n        <div class=\"border-light-blue bordered options-to-select overflow-hidden rounded-md w-100 d-hidden\">\n          <span class=\"d-block py-10 px-16 pointer single-option\"\n          data-value=\"title-asc\">A-Z<\/span>\n          <span class=\"d-block py-10 px-16 pointer single-option\" data-value=\"date-desc\">Latest<\/span>\n        <\/div>\n      <\/div>\n    <\/div>\n\n    <div class=\"block-wrapper clearfix overflow-hidden max-w-100\">\n    <\/div>\n\n    <div class=\"bottom-buttons d-flex clearfix container w-auto\">\n      <a href=\"\" class=\"custom-link button-standart button-standart-blue\">\n        <span><\/span>\n      <\/a>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is a bill of lading? What are the functions of a bill of lading? The BoL describes the origin and destination of the goods, the quantity, and the description\u2026 <a href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/bill-of-lading-bl-bol\/\" class=\"read-more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":491,"featured_media":113233,"parent":11166,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","ep_exclude_from_search":false,"footnotes":""},"categories":[851,6140],"class_list":["post-11197","page","type-page","status-publish","has-post-thumbnail","hentry","category-freight-forwarding","category-international-trade-hub"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v24.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is Bill of Lading (BoL)? Guide &amp; Example | TFG<\/title>\n<meta name=\"description\" content=\"What is a bill of lading? The bill of lading (BoL), often referred to as BL or B\/L, is used when shipping goods from supplier to buyer.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/bill-of-lading-bl-bol\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is Bill of Lading? BoL Guide &amp; Example\" \/>\n<meta property=\"og:description\" content=\"What is a bill of lading? 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