Who pays for each eBL?

Who pays for each eBL?

2022-11-02T11:48:53+00:0020 Jul, 2022||

Only one party pays for an entire eBL transaction after issuance. The paying party should be according to your agreement between you and your trade partners.

 If you are the paying party, then you will pay the eBL costs. All other trade partners will be able to send those eBLs that they receive from the paying party, for free.

Examples:

  1. A booking agent (i.e., a third party) makes a booking on behalf of a shipper in a deal that also includes a carrier, a consignee and additional third parties. All parties have agreed in advance that the booking agent will be responsible for eBL costs in this specific deal. In this scenario, the carrier issues the eBL, paying for its issuance. All other eBL transactions – transfer, amendment, endorsement and surrender – are paid for by the booking agent, as agreed.
  2. In a deal between a carrier and two NVOCCs, NVOCC₁ is a shipper and NVOCC₂ is a consignee. The carrier pays to issue the Master eBL, and all parties have agreed that NVOCC₁ will be responsible for eBL costs after issuance. As a result, NVOCC₂ can perform any operations – transfer, amendment, endorsement and surrender – on the Master eBL with no further payment. NVOCC₂ then issues its House Bill of Lading to its customers ‒ a shipper and a consignee. This is a new eBL, so NVOCC₂ pays for its issuance and all three parties – NVOCC₂ and its two customers – must reach an agreement regarding which one of them will pay for all further transactions on the House eBL.

Noga Balaban

Marketing Director
Only one party pays for an entire eBL […]

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