Freight Forwarding & Incoterms: Key Terms Explained in Detail

A Received for Shipment Bill of Lading is a transport document issued by a carrier or their agent confirming that goods have been received into custody, but have not yet been loaded onto the vessel. It indicates that the cargo is at the port, terminal, or carrier-controlled facility awaiting loading. This distinction is important in shipping documentation, as receipt does not automatically mean shipment has begun.

This type of Bill of Lading is commonly used when cargo arrives at the terminal before the vessel is ready to load. It allows carriers to acknowledge possession of the goods while separating receipt from actual loading. Until the cargo is placed on board, the shipment remains in a pre-loading stage. The document helps maintain accurate records of custody and timing.

In trade and banking transactions, a Received for Shipment Bill of Lading may not always meet payment requirements. Many Letters of Credit specifically require an “On Board” or “Laden on Board” Bill of Lading. Because this document does not confirm vessel loading, it may need to be replaced or updated once loading occurs. Understanding this difference helps avoid documentation issues.

Overall, the Received for Shipment Bill of Lading provides proof that cargo has been handed over to the carrier, but it does not confirm departure. It supports early documentation and cargo control while clearly distinguishing between receipt and shipment stages. Proper use ensures transparency and prevents misunderstandings in logistics and finance processes.