Cryptocurrency Q&A What is MBL used for?

What is MBL used for?

OpalSolitude OpalSolitude Mon Oct 28 2024 | 5 answers 1276
MBL is a term I encountered and I'm curious about its applications. I want to understand the various uses of MBL and how it can be beneficial in different contexts. What is MBL used for?

5 answers

Stefano Stefano Wed Oct 30 2024
A master bill of lading (MBL) serves as a crucial document in the shipping industry.

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CryptoGuru CryptoGuru Tue Oct 29 2024
It is issued by the carrier, who is responsible for transporting the goods.

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Filippo Filippo Tue Oct 29 2024
The MBL acts as a legal contract between the carrier and the party that booked the freight.

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Elena Elena Tue Oct 29 2024
Upon receiving the goods, the carrier verifies their condition and quantity.

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Giuseppe Giuseppe Tue Oct 29 2024
Once confirmed, the carrier issues the MBL to the freight forwarder or shipper, depending on who booked the freight.

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