Bill of Lading (B/L, Bs/L)

The Bill of Lading is one of the most important documents in international shipping and trade. It confirms that the carrier has received the cargo in the stated condition, outlines the terms under which it will be transported, and may allow ownership of the goods to be transferred while the cargo is in transit. Depending on its type, a Bill of Lading can be negotiable or non-negotiable and is commonly used for customs clearance, trade finance, cargo release, and resolving disputes. Common variations include straight bills of lading, order bills of lading, bearer bills of lading, combined transport bills of lading, and sea waybills.