Ocean Sea Freight Ocean Freight Documentation 1

Question 1

Which document serves as the primary contract of carriage between the shipper and ocean carrier?

Accepted Answer

Bill of Lading

Answer

The Bill of Lading (B/L) is the primary contract of carriage and also serves as a receipt for goods and a document of title.

Question 2

What is a 'Telex Release' in ocean freight?

Accepted Answer

Electronic surrender of the original Bill of Lading

Answer

A Telex Release (also called Express Release) is an electronic surrender of the original B/L, allowing the consignee to pick up cargo without presenting a physical document.

Question 3

What does 'negotiable Bill of Lading' mean?

Accepted Answer

It can be transferred to a third party by endorsement

Answer

A negotiable (or 'to order') B/L can be endorsed and transferred to another party, making it a document of title used in trade finance.

Question 4

Which document details the contents, weight, and dimensions of each package in a shipment?

Accepted Answer

Packing List

Answer

The Packing List provides a detailed breakdown of each package's contents, gross/net weight, and dimensions, and is used by customs and the consignee for verification.

Question 5

What is a 'Shipper's Letter of Instruction' (SLI)?

Accepted Answer

A document directing the freight forwarder on how to handle and ship the cargo

Answer

The SLI is a document from the shipper that gives the freight forwarder specific instructions on booking, documentation, and handling requirements for a shipment.

Ocean Sea Freight Practice Test

Ocean Sea Freight Practice Test

Ocean Sea Freight Ocean Freight Documentation 1