Released Bill Of Lading Template for Philippines

A Released Bill of Lading is a crucial shipping document used in Philippine maritime trade that serves as both a receipt for goods and a document of title. Governed by Philippine maritime law, particularly the Carriage of Goods by Sea Act and the Code of Commerce, it provides evidence that the carrier has delivered the goods to the rightful recipient and released its liability. This document includes detailed information about the shipped goods, parties involved, vessel details, and terms of carriage, while complying with both Philippine regulatory requirements and international shipping practices.

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What is a Released Bill Of Lading?

The Released Bill of Lading is a fundamental document in Philippine maritime commerce, issued when goods have been delivered to the rightful recipient and the carrier's liability has been released. This document type is essential for completing international trade transactions and is governed by Philippine maritime law, including the Carriage of Goods by Sea Act and the Code of Commerce. A Released Bill of Lading contains crucial information such as the parties involved, goods description, shipping terms, and vessel details, serving as evidence that the shipment has been completed and proper delivery has been made. It is particularly important in letter of credit transactions and customs clearance procedures, providing a clear chain of custody and ownership transfer documentation that meets both Philippine legal requirements and international trading standards.

What sections should be included in a Released Bill Of Lading?

1. Document Title and Number: Clear identification as a Released Bill of Lading with unique number

2. Carrier Information: Full name and address of the shipping company/carrier

3. Shipper Information: Complete details of the shipper/exporter

4. Consignee Information: Details of the consignee or 'To Order' designation

5. Notify Party: Contact details of the party to be notified upon arrival

6. Vessel and Voyage Details: Name of vessel, voyage number, and port information

7. Goods Description: Detailed description of the cargo, including quantity, weight, and measurements

8. Marks and Numbers: Identifying marks and numbers on the packages

9. Container Details: Container numbers and seal numbers if applicable

10. Freight and Charges: Details of freight payments and other charges

11. Number of Original B/Ls: Statement of how many original bills of lading were issued

12. Terms and Conditions: Standard terms and conditions of carriage

13. Date and Place of Issue: When and where the bill of lading was issued

14. Signatures: Authorized signature section for carrier or agent

What sections are optional to include in a Released Bill Of Lading?

1. Special Instructions: Used when specific handling or delivery instructions are required

2. Temperature Requirements: Required for temperature-controlled shipments

3. Dangerous Goods Declaration: Mandatory when shipping hazardous materials

4. Clean Bill of Lading Statement: Optional explicit statement that the goods were received in good order

5. Letter of Credit Reference: When shipment is under a letter of credit

6. On-deck Stowage: Required when goods are stored on deck rather than in holds

What schedules should be included in a Released Bill Of Lading?

1. Packing List Reference: Detailed list of items packed, referenced in the B/L

2. Container Manifest: Detailed list of contents when multiple containers are involved

3. Dangerous Goods Certificate: Required documentation for hazardous materials

4. Temperature Recording Log: For temperature-controlled shipments

5. Cargo Stowage Plan: Details of how cargo is stowed in vessel/container

Authors

Alex Denne

Advisor @ GenieAI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Philippines

Publisher

GenieAI

Document Type

Bill of Lading

Cost

Free to use

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