Names that appear in a B/L
For a B/L to be valid, it must include the following information:
- Name and address of shipper.
- Name and address of carrier.
- Name and nationality of vessel.
- Loading and unloading port/final destination (“orders”).
- Name and address of the person or entity to be notified upon the goods’ arrival
- Nature and condition of the goods (number of packages or pieces, quantity or weight, and identifying marks)
- Apparent condition of the cargo
- INCOTERMS as per agreement and place of payment (If already paid, it will state “pre-paid” and if not, it will read “collect”)
- Number of original copies submitted
- Place, date, and signature of either the carrier, shipping company, vessel operator or captain of the ship
However, in some cases it is not necessary to have a document of title supporting the ownership of goods; in these cases, the Bill of Lading may be replaced by another type of document, such as the Sea Waybill.
Sea Waybill (SWB)
Also known as “Express Release Bill of Lading” or “Straight Bill of Lading,” a Sea Waybill is used when the shipper decides to release ownership of the cargo immediately. This means that the goods can be delivered to the person identified in the document, and they will simply have to verify their identity instead of presenting a document to claim the freight.
It is important to mention that a Sea Waybill only plays an evidential function and does not give title to the goods (nonnegotiable).
When the shipment is loaded, the shipper receives a SWB simply as a reference. In this case, neither the shipper nor the importer are obligated to submit any additional documents to the carrier, and therefore the cargo is released as soon as it is available at the port.
When is it better to use a Sea Waybill?
- When there is a high degree of trust between the shipper and the consignee.
- When the goods will not be traded or sold during transport.
- When the goods are paid for with an approved line of credit.
We move over 100,000 TEUs per year!
TIBA operates at some of the world’s largest ports, ensuring the most flexible and secure services for your shipments, whether by full container load (FCL) or consolidated less than container load (LCL).
Our extensive experience with international ocean transportation enables us to offer high-quality services and gives our customs agents the knowledge to process all the necessary paperwork for your imports and exports.
We provide specialized logistics services for the following industries: aerospace, automotive, construction, consumer goods, cosmetics and personal care, food and beverage, industrial products, medical products, textiles, and more.
Need more information or want to receive a quote for your shipment?