surrender bill of lading

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richa_kumari
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Joined: 01/17/2009
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could you please explain me what is surrendered b/l and express b/l. when these documents are issued and what is the use of these documents. are these a copy documents or an original.

what is the difference between the two documents and ocean bill of lading.

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tulsi
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Joined: 04/09/2008
You are mistaken Venkat

DEAR VENKAT

 

You are mistaken. Pls go through my posting and ask the doubts, if required.

  

Regards

Tulsi   

smmujeeb
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Joined: 07/29/2008
Tulsi/Venkat

Tulsi, what ever u mentioned i m not satisfied,

I am satisfied with wat venkat has mentioned .. this topic has already been posted in the forum twice .. plz go thru those comments ...

Tulsi request you never ask any member to learn more, ask doubts .... we all are here to share our knowledge .. not to critisize someone ... If u not agree then tell u r not satified with the answer ...

Regards!!!!

Mujeeb :-)

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Rothmans
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Joined: 01/15/2009
marked 'released/surrended/express'

i have the same opinion with venkat
In short, surrenderd/express B/Ls make the consignee can obtain cargo
- without presenting original B/L;
- by a copy of B/L.

Bank(s) expect
- no original B/L could be submitted (all originals bill of lading had been surrendered to the Carrier). In return, shipper will receive a copy only
- not to require 'Full set'/'Original' submitted
- the copy B/L usually marked 'released/surrended/express'
- lose control over the release of the cargo at destination (if B/L consigned 'to order' or 'to order of applicant'

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tulsi
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presentation and checking of documents are subject to the L/C

All documents need to comply with the L/C clauses. Endorsements required, if the L/C calls for endorsement on the documents. If the l/c calls for original /copy to be submit, then required. In other words presentation and the checking of documents are subject to the L/C condition only.

Regards

Tulsi

richa_kumari
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Joined: 01/17/2009
If the l/c calls for ocean

If the l/c calls for ocean bill of lading in full set original and also states in additional conditions that express bill of lading acceptable, does this means that express bill of lading should be in original or it can be in copy as express bill of lading is issued in 0 originals.

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tulsi
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SURRENDER BILL OF LADING & EXPRESS B/L

If the shipper is Surrendered the original B/L to the issued shipping company or the agent, then we can say surrendered B/L. Shipping company will send the message to the destination counterpart as “ shipper has surrendered the original B/L, pls issue DO without original B/L”. Consignee can clear the cargo immediately without wasting time which intern avoids heavy demurrage.  

EXPRESS B/L – upon forwarding the B/L instruction, the shipper will mention as “Express B/L details”. In this case, the shipping company will send the message to the destination counterpart immediately upon sailing of the vsl for the issue of DO without original B/L. Consignee can clear the cargo immediately without wasting time which intern avoid heavy demurrage. Shipper will get only the non negotiable copies.

IN SHORT (Surrender B/L – telex message is sending after the surrender of original B/L with the consent of the shipper.  

Express B/L- telex message is sending upon sailing of vsl without waiting further request of the shipper. )

Ocean bill of lading is a normal bill of lading, collecting after sailing of vessel with shipped on BOARD date or before sailing of vessel without on board notation and marking  “Received for shipment”. Mostly issuing 3 originals and 3 Non- negotiables. 

Contact: [email protected]     or   [email protected]   

 

Regards   Tulsi / Dubai                        

 

Sita
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Joined: 01/19/2009
3 Originals & 3 Non - Negotiables.

What is the purpose of release 3 Originals?

 

Could you please explain me.

venkat
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Joined: 08/12/2007
SURRENDER BILL OF LADING & EXPRESS B/L

Hi Tulsi,

What you told about Express BL, Surrender BL is something which needs to be surrendered to Shipping company to get the goods released by Applicant. Here Shipper will not send the Original BLs to Shipping company instead Shipper will send Original BL either to a Bank or Applicant.

Correct me if am wrong

Regards,

Venkat.Velupalli 

 

richa_kumari
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Joined: 01/17/2009
thanks for you reply

Dear tulsi, thanks for your reply,

many times while cheking export documents i have seen express b/l or surrendered b/l , how should we check these documents , are these to be considered as copy documents or original documents , do we need to check endorsement , on board date, sign as per UCP in these documents.

Frammi
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Joined: 08/17/2007
Express / Surrender B/L not mentioned in the UCP or ISBPs

Dear Richa Kumari,

Express / Surrender B/Ls are not mentioned anyehere in the UCPs or ISBPs is nowhere dealt with under any of the UCP versions nor under the ISBPs belonging to them.

So whatever ismeant by these expressions and I think Tulsi did a good job in explaining it, it has

                    absolutely no meaning
                    under this credit!

At the long end, you cannot found a non-discrepancy by such wordings and all stipulations of the UCPs and ISBPs still have to be fulfilled. 

 

   -Each long journey starts with a small step-

Best regards

Frammi

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