The document a shipping line issues for sea cargo: receipt, contract and title to the goods.
An original negotiable bill of lading must be presented to collect the cargo, unless it is surrendered or a sea waybill is used. Banks use it under letters of credit.
Related terms
- House bill of lading (HBL) — A bill of lading issued by a freight forwarder or NVOCC to its own customer.
- Telex release — Release of cargo without the original bill of lading, after the shipper surrenders it at origin.
- Sea waybill — A non-negotiable transport document: the consignee can collect cargo without an original.