What is the difference between original bill of lading and express seawaybill?
Original bill of lading
- Once issued must be surrendered at the carrier’s origin or destination office.
- Whoever holds the original bills of lading legally owns title to the cargo.
- Are useful when your terms of sale require you to get the cargo to the destination terminal or port before you are paid for the cargo. An original bill of lading will allow you to retain control of the cargo until you get paid even while the cargo is at the destination terminal or port.
Express bill of lading
- Once the cargo arrives at the destination terminal or port, the consignee will be able to recover the cargo without the bill of lading being surrendered.
- A more efficient way of transacting ocean freight movements since no original documents are required to recover the cargo at the destination terminal or port.
- If you use an express bill of lading you will not be able to hold the cargo for payment.
Exfreight will automatically generate express seawaybills. If you require an original bill of lading for your shipment please request it before the shipment is picked up.
