TELEX RELEASED

This is also the abbreviation for telegram delivery. The bill of lading information is sent to the destination port shipping company through electronic messages or electronic messages. The consignee can exchange the bill of lading with the electronic release seal and the electronic release letter of guarantee for delivery;

It is to directly have the shipping company notify the destination port agent to release the goods, without the need for an original bill of lading. As long as it proves that it is the consignee and the person to be released by telegram, the goods can be picked up.

The advantages are convenience, speed, and safety (avoiding the risk of lost bills of lading).

The disadvantage is that the shipper cannot control the ownership of the goods.

OCEAN BILL

Original bill of lading issued by the shipping company; It is a document of title that allows the consignee to retrieve the goods, which can be endorsed and transferred, and is an important document; SHIPPER will obtain the original bill of lading from the freight forwarder, scan it for CNEE, and make payment as an agent. SHIPPER will then send the entire set of bills of lading to CNEE by express delivery, and CNEE will exchange the original bill of lading for a bill of lading to pick up the goods; Ocean bills of lading are more commonly used;

The advantage is that it is convenient for the buyer to pick up the goods in real time, simplify procedures, and save costs;

SWB (Sea Waybill)

Once SWB is issued, the ownership of the goods is transferred from SHIPPER to CNEE, which means that CNEE can directly pick up the goods. SWB does not require an original or an electronic release fee for picking up the goods, and trusted companies can use this form of release;

The advantage lies in fast order issuance, fast delivery, convenience, and speed,

Commonly used for:

1. After receiving the full payment, the sea waybill can be shipped,

2. Multinational companies, in China, are subsidiaries that are specifically responsible for purchasing for foreign parent companies. For the convenience of picking up goods, they can quickly ship waybills.

The disadvantage is that it is generally not possible to hold the goods.

Destination Port Release

The meaning of releasing goods; This order release method is rarely used, and it may be used in the following special situations:

If the bill of lading is lost, the shipper shall write a letter of guarantee to the shipping company or agent to release the bill of lading to the consignee;

The bill of lading was issued late and the goods arrived. In order to pick up the goods earlier, a letter of guarantee can also be used to instruct the release of the goods.

In the absence of special circumstances, this method is generally not used;

Summarize the differences

SWB is an onboard bill of lading, which is similar to electronic release. Once confirmed as SEA WAY BILL, the agent directly releases the goods to the consignee upon arrival at the port;

In the case of electronic release, even if the goods have arrived at the port for N years, as long as the shipper has not notified the agent in writing to release the goods, the agent will not release the goods to the consignee;

The main difference between SWB and B/L is that SWB does not have the function of a document of title. A bill of lading is a type of document of title, which can be transferred by endorsement (indicative bill of lading). The sea waybill cannot be transferred, and the consignee on the sea waybill can only be the consignee indicated on the sea waybill;

(Source: K Ge Chats Sailing Away)