What is House B/L and Master B/L? Explained these B/L advantage and disadvantage in Global Logistics
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- Опубліковано 30 вер 2024
- No.1 International Trade & Logistics E-Learning
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B/L is very important document to arrange logistics. If there is a mistakes or any problem on B/L, Consignee cannot take the cargo from the yard. To make logistics smooth, House B/L is recommended by Forwarder. But it's better to understand these difference first.
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Shinya Iino
15 years experience in business development in Asia and South East Asia. Marketing and Sales specialist in especially Logistics field.
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Dear Iino. Please response to our inquiries from Baku. Its little amount avia delivery now but will be more
From my experience the MBL/OBL is issued by the NVOCC partner of the forwarder/agent the same day electronically and pretty fast. You could also call it eBL, Straight BL or Express BL. So I would not consider that an issue. Without the non-negotiable MBL, neither the shipper or the consignee have control and ownership of the cargo from point A to point B. That is a very important distinction you need to make here.
1:16 House B/L must work together with Master B/L.
1:54 When the shipper does NOT need an agent (forwarder).
2:34 Summary
Thanks!
Great and easily understandable explanation. Thanks
It's my pleasure❗️
Iino san, thanks for your good presentation
my understanding is, there are House BL because forward wants to hide consignee and shipper information to carrier
and House BL may also be used for LCL freight
Besides the above 2 reasons, is there other reason to have House BL in shipping industry?
If we combine House BL and Master BL into one BL, will freight forwarder welcome for it (in order to reduce manually work)?
HBL is not for hiding the shipper to Carrier. And yes, it is used for LCL. for FCL, HBL is more flexible than MBL as I explained on the video.
@@logisticsyoutuberiinosan2358 May I know what is the Meaning of FCL & LCL..?
@@vinodsrungarapu9587 Full Cargo Load & Loose Cargo Load
or less cargo loaded😁
Great channel. very informative. keep it up. tnk u
Thank you!
Hi sir
Which B/L is important to clear the goods by the importer. or as an exporter which B/L I have to ask
hmm.. it is case by case...
Nice video with super simple illustrations.
May i know why for master BL we cant apply for C/O?
MBL and C/O(certificate of Origin) is not related.
well described Ino san, cheers
Hi, i like your videos so much, it helps me a lot. Can you recommend for me any books for beginners please ? Thanks in advance !
I learn logistics via experience. I recommend my video is better than book, haha😄
Crystal clear
Good!
Very informative videos , thank you very Much 👍🏾👍🏾 Keep Up THE Good work
Thank you! your share will be my motivation😆
Thank you IINO-san. One question, how much is average D/O fee per B/L or container at port of discharge?
As I know, it is about USD 50/DO
Well done
Thanks!
Thanks IINO San, I learnt a lot from your videos. May I ask what the difference between telex HBL and telex MBL? Are they issued by the same exporter?
As I explained on the video, MBL is issued/telexed by shipping lines.
HBL is issued/telexed by freight forwarders.
Liner charge D/O fee all import shipments
I don't understand the point of no D/O fee in master B/L
In Master B/L, Carrier also issue D/O, but we call it "doc fee".
We here in India commonly mention it's has D/O fee irrespective of HBL OR MBL. Cost is higher for D/O here than B/L cost
As my understanding ... In case of HBL the consignee has to approach the forwarder agent and pay a fees of BL exchange then will approach the shipping line agent and pay the destination port fees and collect the D/O for cargo release ... This what makes the HBL is not suitable for the consignees in term of cost and time ...
Good Morning from my end. I have a question which goes like this from your end lecture Sir So, booking with MBL, in the case of booking using MBL, a shipping line will issue the B/L for the customer ,if i may ask which type of b/L will be issued to the customer?
Who is the consignee? Importer or Exporter
Importer
Fantastic explains .... It's so useful 🙏🏼❤️
My pleasure😁
What is the difference between House B/L and FIATA B/L?
Hello Thanks for the Video...Could you please elaborate what is D/O Fee...?
D/O is delivery order. Cnee has to get this document to take out the cargo. D/O is exchanged with B/L.
Maaaannnnn thank you so much for this video you helped me alot god bless you
Hi sir
Can importer clear and take the exported goods by using House Bill of lading?
How hard to give a good video a like??
thanks!
I work with MBL and HBL.
👍
i know why there’s D/O
👍
Does it mean that forwarder can issue C/O instead of exporter itself?
Thank you iino San !
You are welcome!
Am a fan of your videos
Thank you!
Thanks alot
You are welcome!!
Excellent Insights🙌
Thank you!
If HBL presented to bank can the Freight Forwarder agent clear the cargo with MBL?
HBL present to Bank? you mean L/C?
@@logisticsyoutuberiinosan2358 DP
May I ask a question? Can a freight forwarder sign a House BL as an agent on the behalf of the carrier and mention the name of the carrier? I have a letter of credit which requires to be mentioned it.
I've never heard Forwarder sign on HBL like this. But if L/C mentions like this, maybe..
thanks alotttt
👍
Thank u ❤️
You are welcome!
good
Well done👌
Thanks for your vid!!!
You are welcome!
Thank you .
You are welcome😄
beautifully explained loved it
Thanks😄
Too short information
If I makes long, people will be tired to keep watching.
@@logisticsyoutuberiinosan2358 not interested PPL would go and interested PPL will connect you ❤️💥