House Bill of Lading (HBL) vs Master Bill of Lading (MBL) Differences: How They Work?
Today, as one of the leading hauliers in Port Klang, Grab Haulier would like to discuss the Bill of Lading.
A bill of lading (B/L) is a document used in international trade that is given by a carrier to the shipper of goods. This document serves as a receipt for the goods being shipped and contains important information, such as the details of the shipper and consignee, the origin and destination of the goods, the quantity of goods being shipped, and the amount of freight charges. It is also used for customs clearance and is one of the most important documents in international trade.
House Bill of Lading
A House Bill of Lading (HBL) is a document issued by a freight forwarder to their customers that serves as a receipt for the goods shipped, evidence of the contract of carriage, and a document of title.
Master Bill of Lading
A Master Bill of Lading (MBL) is a document issued by the Shipping Line (carrier) to the NVOCC operator or freight forwarder that serves as a receipt of the goods shipped, evidence of the contract of carriage, and a document of title.
So, let’s dive into the difference between HBL and MBL. It’s an important topic, but don’t worry, we’ll break it down in a way that’s easy to understand.
HBL vs MBL: Pros and Cons
When it comes to shipping goods internationally, both House Bill of Lading (HBL) and Master Bill of Lading (MBL) have their own advantages and disadvantages. Let’s explore these together so you can choose the best option for your shipment.
If you want to know anything about haulage in Port Klang, you can contact us, Grab Haulier. We hope you will continue to follow us on Facebook and Grab Haulier website, give us a “Like” and share with your friends for more informative and useful content in the future.