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What is House B/L and Master B/L? Explained these B/L advantage and disadvantage in Global Logistics - YouTube
Channel: unknown
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today I'll talk about the difference
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between house BL and master BL first of
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all what our house BL and master be out
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there surely BL of securities and
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international transportation but what is
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house and master mean in short house BL
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is issued by a forwarder and master BL
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is issued by a shipping line you might
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be confused because you have never seen
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two BL for one shipment but actually a
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customer sees just only one type of pl I
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will explain this in detail today let's
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learn the difference between house BL
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and master BL by using an actual BL
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example first up is house BL this is the
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actual BL format that we use in our
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company in house BL
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we write the name in the dress of an
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actual exporter in the shipper column
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and the name and address of an actual
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importer in the consignee column and the
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format is the forwarders BL format house
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BL also includes company name and
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address of local agents and subsidiaries
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in other countries of the forwarder this
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local company will issue a rival notice
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and do at the import side if you don't
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receive arrival notice as an importer
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you can't make an inquiry here at the
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same time that the forwarder issues
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house BL the shipping line issues Master
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BL as of the above if you are using
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house BL master BL describes it in this
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way shipper column contains the name and
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address of the exporting forwarder and
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consignee column contains the name and
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address of the importing forwarder this
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is a direct contract with the shipping
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line it means that it is a forwarder who
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is an agency of shipping line master BL
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format will be the shipping lines format
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the company information of the import
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sign will be the local branch of the
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shipping line or its local agent
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customers can also book forwarders while
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it is also possible to use the master BL
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issued by the shipping line when a
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forwarder does not have a local agent in
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the destination country or when a
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customer requests to use master BL it
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will be issued when you book with master
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BL it will be described like
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in shiver column the name and address of
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the actual exporter in consignee column
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the name and address of the actual
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importer VL format is from the shipping
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line the information of the importing
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line is the same as the information I
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explained earlier it is a local branch
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of the shipping line or a local agent
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let's do a little organizing in the case
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of looking with house VL both house BL
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and master BL are issued but a customer
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receives house BL only which is issued
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by a forwarder in this case Master BL is
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processed by the forwarder side so the
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customer will never see the master and
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in the case of booking using Master BL a
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shipping line will issue the BL for the
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customer forwarders are not involved in
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creation of BL or do at the destination
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side and these two types of BL have
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their own advantages and disadvantages
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here are the advantages and
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disadvantages of using house BL as the
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advantages fast issuance quick to revise
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this speed also affects to issue the
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certificate of origin a forwarder really
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QBL so basically it is flexible the
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speed of the elephants and amendment is
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a major advantage in international
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transportation however there are also
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disadvantages there will be do fee at
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the destination side forwarders also
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supports the operations between two
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countries so there will be a handling
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cost for the forwarder at the import
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side and here are the advantages and
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disadvantages of using the master BL it
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will be the opposite of using house BL
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as the advantages there is no do fee at
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the destination side as the
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disadvantages it takes a long time to
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issue it also takes time to revise this
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taking time will affect to issue the
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certificate of origin a shipping line
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issues Master BL the shipping line has
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to issue BL for all the containers on
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boarding the vessel so they have much
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more BL to be issued since some shipping
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lines prepare BL in other countries
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compared to a forwarder who is
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communicating with the customer
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inevitably it takes a lot of time the
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same thing will happen to revise yell if
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it's a forwarder the person in charge
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will revise BL quickly but shipping
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lines take times for revising because
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the number of ble shoot is so large if
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it takes this long to issue or revise a
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BL it takes time to issue a certificate
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of origin after BL has been issued and
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also a vessels may arrive in port while
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it takes time to amend B out since we
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explained BL from a forwarders point of
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view so I tend to explain in terms of
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forwarders in logistics operations speed
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and flexibility in case of trouble are
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essential I think it's very important
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house BL will certainly incur costs on
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the import side but it's also true that
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there are plenty of benefits beyond that
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balancing both cost and service please
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choose the best BL for your shipment in
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this channel I explained about the
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technical term and job description in
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logistics if you are interested in
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logistics work or if you already work in
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the logistics industry I believe that
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this channel will be a good support for
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your job if this time video get the good
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support for your understanding
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please subscribe press good for comment
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anything
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well see you next time
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