Here we are going to explain Master bill of lading and House bill of lading. will discuss the similarities and differences of the MBL and HBL.
Before the explain difference between Master B/L and House B/L need to have a basic idea of the bill of lading. The first section mentions what a bill of lading and details on the B/L is. You can read Bill of Lading: Everything you need to know for more details on Bill of lading.
What is a Bill of Lading?
- Bill is a document that mentions in cost or price of goods and services
- Lade meaning is loading cargo onto to ship or other transportation modes.
A Bill of lading meaning is a recording of goods that are loaded to ship
- It is an agreement between a carrier or transport company and the shipper.
- B L issued by transportation or carrier company to the shipper
In the BL mentioned below things.
- Terms of the contract of carriage
- Shipper’s rights and obligations
- Carrier’s rights and obligations
What are the details included in B/L?
- shipper’s/exporter’s details-name, address, and zip code.
- consignee’s/importer’s details-name, address, and zip code.
- freight forwarder’s details-name, address, and zip code.
- incoterms
- Bill of lading number
- Carrier details-name, voyage number
- freight charge terms
- customer order information/shipment details-number of packages, weight, number of pallets, commodity description
- carrier signature and date
What is a Master Bill of lading?
Master Bill of lading also called Master B/L or MBL in a short form. It is a bill of lading who issued by the Master of a ship to Non-vessel common carriers (NVOCC) or freight forwarders or direct customers of the shipping line. It is including details of the shipment for receipt of the cargo. And also it is a proof document of cargo received by the carrier.
Who issues the Master bill of lading?
Master bill of lading issued by carrier/shipping line. The master of the ship has the responsibility to issue a master bill of lading. Master bill issue to the NVOCC or freight forwarders or carrier’s customers.
What is House bill of lading?
In short House bill of lading is called House B/L or HBL. It is a document of shipping issues by NVOCC operators or freight forwarders to their customers.
Who issues house bill of lading?
Non-vessel common carriers (NVOCC) or freight forwarders issued house B/L to shipper/exporter/cargo owner
purpose of issuing HBL?
As an acknowledgment of the cargo receipts. In simple words, we can say it is a receipt of the shipment’s cargo.
Requirements for issues HBL
- the consignee should be the actual cargo receiver
- the shipper should be the exporter of the cargo
- notify party can be the importer or any other party
Difference between Master Bill of Lading and House Bill of Lading
HBL is a replication of relevant MBL. This means HBL is generating the based on MBL. Details are the same except for the details of the shipper, consignee, and notify party.
HBL | MBL | |
Shipper | Actual shipper/exporter | NVOCC operator or agent/freight forwarder |
Consignee | Actual importer/receiver | Destination agent or destination office of NVOCC. freight forwarder |
Notify party | could be the same as the consignee or any other party mentioned in TT or LC | same as the consignee or any other party |
issued by | NVOCC or freight forwarder to customers | Carrier or shipping line to NVOCC or freight forwarder |
Other details are the same in HBL and MBL, such as
vessel and voyage details
weight, measurement, number of packages
seal numbers
container numbers etc.
House B/L -receipt of the shipment for one exporter/shipper
Master B/L a receipt for shipments for more exporters/shippers.Because of Master B/L for NVOCC or freight forwarder consolidated shipments into one larger shipment.
For more details regarding bill of lading, you can read the post Bill Of Lading: Everything You Need To Know
You may also like to read,
Bill Of Lading: Everything You Need To Know
What is (NVOCC) Non-Vessel Operating Common Carrier/Co loader?
Freight Forwarder: Everything You Need To Know
Customs House Agent(CHA)/Customs Broker: Everything you need to know
How to become a Customs House Agent:CHA:Wharf: Customs Broker
Customs Declaration (CusDec) & ASYCUDA system
What is Logistics? simple explanation with examples
(MCC) Multi Country Consolidation: Everything you need to know
4 thoughts on “Master Bill of Lading(MBL) and House Bill of Lading(HBL): Everything you need to know”
Thanks for another wonderful article. Where
else may just anybody get that type of info in such a perfect manner of writing?
I have a presentation next week, and I’m on the search for such info.
thanks
Great article,
I really respect you for the useful and valuable information you have shared
thanks