BL (1)

BL (1) stands for Bill of Lading, which is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. It serves as a receipt of shipment when the goods are loaded onto a vessel and a contract of carriage between the carrier and the shipper. The BL (1) also serves as a document of title, which means that it can be bought, sold, or traded while the goods are in transit. The BL (1) is an important document in international trade as it provides proof of ownership of the goods and is required for the release of the goods at the destination port.

Your Previous Searches

Random Picks

Athens Convention: The Athens Convention is a maritime treaty established in 1974 by the International Maritime Organization (IMO) to codify the rights and responsibilities of passengers and carriers in international voyages. The full name of the treaty is 'A ... Read More >>
Close Butt: Close Butt is a type of joint used in shipbuilding where two planks or plates are joined together end to end without overlapping. This joint is made by cutting the planks or plates square and butting them tightly together. The joint is then ... Read More >>
DWAT (or DWT): Deadweight tonnage (DWT) is the total weight of cargo, fuel, provisions, water, stores, and crew that a ship can carry when loaded to its maximum draft as per the International Convention on Tonnage Measurement of Ships. It is the differenc ... Read More >>

BL (1)

Your Previous Searches

Random Picks

Top News

Captain Cook's Endeavour confirmed to be in Rhode Island waters...

Mapping Iran’s oil and gas sites and those attacked by Israel...

Ships collide in Hormuz Strait in shadow of Israel-Iran war...

How else could Iran retaliate over the ongoing Israeli strikes targeting the cou...

Wall Street isn’t freaking out about Israel and Iran yet. The Strait of Hormuz...