BOL - Role & Endorsement
Bill of lading role - document of title, receipt, evidence of contract. Negotiability via endorsement.
Title holder at destination
Endorsed by named shipper / consignee
Formula, assumptions, and limits
Three originals normally issued. One surrendered at destination for cargo release. Seaway bill (non-negotiable) faster for trade partners with trust.
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| Bill of Lading | - | Hague-Visby Art. 1(b) |