This is a type of express release and not an OBL. One well-known document, the Seaway Bill, is an excellent example. Note that an express release can have different names. In a case such as this, there isn’t much need for the shipper to generate this specific document for the sole purpose of securing payment. Why wouldn’t there be an OBL?Ĭonsider a situation in which the receiver of the shipment is a business counterpart of the shipper or there is a strong business relationship and a high level of trust between the two. An express release is used when there is no OBL. If yes, then an express release is not applicable. An express release can be in paper form or electronic as well, however the main difference between a telex release and an express release brings us back to the OBL. Perhaps you’ve also heard of the term “express release” as well. Unfortunately, we still haven’t reached the optimal level of convenience, so the task of checking with the issuer of the OBL to confirm the specific process lays on the shipper. In modern times, shipping liners often provide the possibility of requesting a telex release on their online platforms. These were more difficult to request and obtain. In the past, telex releases were transmitted via telegraphic exchange machine, hence the name “TelEx”. The OBL is lost or critical information on the OBL is no longer accurate. Payment for the consingment has been received by the shipper and they want to save on courier fees. The telex release may sometimes be requested for by a NVOCC operator to a shipping line, in order for them to issue their house B/L to their customer. Moreover, the documents will not arrive and get cleared before the expiry of the consignment’s free-days. The shipper carrying the cargo has arrived to the destination before the OBL has reached the consignee What is a consignee? When transporting freight (by ocean, air, or land), there are two parties involved - one who is shipping and the other who is receiving the freight. There are a few instances in which the surrender of an original Bill of Lading could be an appropriate course of action in the shipping process. Why would a shipper surrender the original bill of lading? You can see this basic process in the diagram below: The shipper then sends the OBL to the receiver or consignee What is a consignee? When transporting freight (by ocean, air, or land), there are two parties involved - one who is shipping and the other who is receiving the freight. The carrier issues the original Bill of Lading document to the shipper of the goods as soon as their shipment/consignment is laden (loaded) on board. Within the shipment process, this critical document must accompany the product and be endorsed by the each of the parties involved in the process: the shipper, carrier, and receiver. With regard to telex release, this an important consideration, as it is typically only relevant when the B/L is issued as a Straight Bill of Lading (non-negotiable document of title)- though exceptions have been cited to exist. There is another type of B/L which is negotiable, and it becomes this type when it states that the goods are to be delivered “ to bearer or to the order of” a named person. It is also called a “Straight Bill of Lading”. It serves as proof of ownership, contract of carriage and a receipt of shipment.īills of lading can be categorized into negotiable and non-negotiable.īy default, the B/L is a non-negotiable document- as it is classified as a document of title (ownership). In order to understand what a telex release is, it is essential to understand the purpose of a Bill of Lading.Ī Bill of Lading is a document which is intended to be a protection tool for the shipper. Here, you can see the basic process in a simplified diagram: without the presentation of the endorsed OBL. The outcome of a successful telex release situation is the release of cargo to a consignee What is a consignee? When transporting freight (by ocean, air, or land), there are two parties involved - one who is shipping and the other who is receiving the freight. Furthermore, the surrendered B/L was originally issued as a Straight B/L. For a telex release to be actioned, there are a couple criteria that must be met.įirstly, an original, physical B/L was issued, printed and subsequently surrendered. This message signifies that the shipper has surrendered the original Bill of Lading (OBL). When a Bill of Lading (B/L) is issued, there are only 2 ways the cargo will be released:Ī telex release is in essence an electronic message transmitted from an agent or shipping line at the port of loading (POL) to the agent at the port of discharge (POD).
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