Glossary


Terms & Glossaries of Shipping and Trading

OBL (Original Bill of Lading)

A legal document that serves as proof of ownership of goods and as evidence of the contract of carriage between the shipper and the carrier.

What is OBL (Original Bill of Lading)?

"Original Bill of Lading" is a legal document that serves as proof of ownership of goods and as evidence of the contract of carriage between the shipper and the carrier. It is issued by the carrier to the shipper or consignee and contains details such as the name of the consignee, the port of loading and discharge, the description of the goods, and the terms and conditions of the shipment. The Original Bill of Lading is usually required for the release of cargo at the port of destination, and it must be presented in its original form.