
Japan Shipping Exchange SHUBIL-(A) 2008-2025 free printable template
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Hi everyone in this video we#39’ll be looking at how a house Bill of Lading works as we can see in this diagram the seller is on the left-hand side and the buy is on the right-hand side it begins when the seller 1 has LCL cargo l see Stands for less container note cargo so what L see on cargo means is that the seller does not have sufficient cargo to fully accommodate a fully loaded container, so the seller would then approach a consolidator to consolidate the goods with other sellers goods to accommodate a fully loaded containers in this case seller 1 had approached free for the e 2 foolish ships out his goods to a particular place for example Taiwan the freight forwarder a who also happens to be a consolidator of cargo had put out an advertisement in the newspapers for sellers to have goods that the sellers would like to ship to Taiwan as a result of this newspaper advertisement this attracted other sellers who have LCL cargo so now behave seller 2, and we have seller 3 also having LCL cargo that the intent is ship out to Taiwan so all these sellers had surrendered their goods over to the freight folder a free folder a way subsequently consolidated all the good sand then packed the goods into the container and surrender the container tithe shipping agent and a designated port the shipping agent was subsequently shipping the goods over time Music after receiving the goods from the freight forwarder the shipping agent will that issue a master bill of lading in this document it is specified that the shipper is freed folder a and to consign II is freight forwarder B and subsequently this master BL will be sent to the freight forwarder ate and freight forwarder an all for this document overt the accountant party in Taiwan chichis free for to be subsequently free forth a will issue what is known as house bill of lading this house bill of lading for example for seller 1 the shipper is listed as cell a1 and the consignor is listed as buyer one this misdone similarly for seller 2 camp; 3 whereby the shippers name and consigning name will be listed so when the correct shippers name and the consignees name has been mentioned in house VS the respective sellers would then forward the house BL to their respected bias so that the respected bias can take possession of the goods from the freight forwarder B so once the ship had arrived din Taiwan free folder B will be able to clear the goods at the port using master subsequently the freight forwarder Will distribute the goods over to buy 12 camp; 3once the buyer 1 2 & 3 have presented the house BL 2 the freight forwarder, so this is in essence how a house bills of lading works if you like our video please click thumbs up we also appreciate your comment of feedback on our video more videos will be coming soon please click Subscribe if you#39;like to be posted on any upcoming video
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