Sunday, 23 November 2014

How is Bill of Lading issued under a triangular shipment? Switch B/L or Third Country Shipment?

Suppose you are supplier of goods in India, you obtains export order from ABC China and  ABC gets purchase order from USA.

Once after completing necessary customs clearance procedures at load port, carrier issues Bill of Lading to you. The shipper under this bill of lading is you in India and consignee is your buyer ABC in China. The port of loading will be ‘your loading port’ and port of discharge and place of delivery are in USA as final port of discharge and final place of delivery. Once after discounting / negotiating your export bills, you send the said Bill of Lading to your buyer ABC in China along with other required documents as usual through your bank.


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