{"@context":"https://schema.org","@type":"DefinedTerm","name":"Ocean Bill of Lading","description":"The ocean bill of lading (B/L) is issued by the carrier or its agent upon receipt of cargo for shipment and performs three functions simultaneously: it evidences the contract of carriage, serves as a receipt for the goods as described, and – when issued to order – constitutes a negotiable document of title entitling the lawful holder to claim delivery at the port of destination. In documentary credit transactions, a full set of original bills of lading is routinely required before payment is rel","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/ocean-bill-of-lading","inLanguage":"en","dateModified":"2026-06-26T11:24:09.732393","citation":"https://en.wikipedia.org/wiki/Bill_of_lading","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/ocean-bill-of-lading","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Ocean Bill of Lading · The ocean bill of lading (B/L) is issued by the carrier or its agent upon receipt of cargo for shipment and performs three functions simultaneously: it evidences the contract of carriage, serves as a receipt for the goods as described, and – when issued to order – constitutes a negotiable document of title entitling the lawful holder to claim delivery at the port of destination. · Quelle: https://en.wikipedia.org/wiki/Bill_of_lading"}