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If the bill of lading is held to long and not presented to the
bank / consignee soon after it is given by the shipping company, it
is called state bill of lading.
4) Freight paid BL
–
This bill of lading is issued when the exporter has paid for
the freight charges. The words „freight paid‟ are mentioned on the
bill of lading.
5) Freight collects BL
–
When the export contract is on F. O. B. terms and when
freight
is not paid by the exporter, it is called freight collect bill of
lading.
6) To order BL
–
This bill of lading is issued in the order of a certain person.
Title to the goods is given by possession of bill of lading.
7) Straight BL
–
In this importer / consignee / agent is named in the bill of
lading, it is called straight bill of lading.
8) On Board & Received BL
–
A bill of lading issued after the goods are loaded on the
vessel is called „on board bill of lading‟.
9) Container BL
–
When containers are used in international trade, the shipping
company issues container bill of lading.
Such a bill covers a
particular container from one port to another.
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