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14th May 2016, 06:30 PM
Super Moderator
 
Join Date: May 2012
Re: Difference Between MBL HBL

Hey as This is one of the common questions among readers about house bill
of lading and master bill of lading.



HBL

A bill of lading issued by a freight forwarder or NVOCC (Non vessel operating
companies) is called HBL House Bill of Lading.

Once after receiving cargo from shipper after necessary customs
formalities, the freight forwarder releases House Bill of Lading HBL to the
shipper.

House Bill of Lading also is a negotiable document and accepted similar to
any Bill of Lading.

Normally HBL House Bill of Lading is issued as per the terms and conditions
of Multi model Transport Document Act.

The shipper in House Bill of Lading is the exporter or shipper who delivers
goods to freight forwarder and the importer or consignee, the party to whom
the cargo has to be delivered by the said freight forwarder.

A house bill of lading (HBL) may or may not be subject to Hague Rules, The
Hague-Visby Rules and US COGSA (US Carriage of Goods by Sea Act 1936. )
etc.



MBL

The freight forwarder after receiving goods from shipper, re-book the same
cargo to main carriers who are vessel owners.

The main carriers, once cargo received, issues Bill of Lading to whom the
cargo booked with him.

This is called MBL Master Bill of Lading. In a master bill of lading, the shipper
will be the freight forwarder who delivers the cargo to main carrier and the
consignee, the overseas counterpart party of the freight forwarder who
receives the goods from final shipper.

A master bill of lading (MBL) is subject to Hague Rules, The Hague-Visby
Rules and US COGSA (US Carriage of Goods by Sea Act 1936. ) etc.

Master bill of lading is signed by the actual carrier and states the terms and
conditions of the carriage, as a result consignee may have protection in case
the goods are damaged or lost in transit.


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