In entrepot trade, it is usually necessary to change the bill of lading. Entrepot trade involves the transportation of goods from the producing country to the transit country and then to the final destination country. Changing the bill of lading is mainly to hide the true origin of the goods and protect the business secrets of both trading parties.
Generally, when the goods arrive at the transit port, the operation of changing the bill of lading is required. The specific process is as follows: First, the consignor hands over the full set of original bills of lading to an entrepot trade agency company like Zhongshitong. The agency company exchanges the delivery order (D/O) with the original bill of lading at the shipping company or its agency, and at the same time, makes a new bill of lading that meets the requirements of entrepot trade. On the new bill of lading, the consignor shows the company in the transit country, and the consignee shows the customer in the final destination country.
Then send the new bill of lading to the customer in the final destination country, and the customer takes delivery of the goods at the port of destination with this bill of lading. In this way, the operation of changing the bill of lading is completed, ensuring the smooth progress of entrepot trade.
Professional consultant answers
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
In entrepot trade, it is usually necessary to change the bill of lading. Entrepot trade involves the transportation of goods from the producing country to the transit country and then to the final destination country. Changing the bill of lading is mainly to hide the true origin of the goods and protect the business secrets of both trading parties.
Generally, when the goods arrive at the transit port, the operation of changing the bill of lading is required. The specific process is as follows: First, the consignor hands over the full set of original bills of lading to an entrepot trade agency company like Zhongshitong. The agency company exchanges the delivery order (D/O) with the original bill of lading at the shipping company or its agency, and at the same time, makes a new bill of lading that meets the requirements of entrepot trade. On the new bill of lading, the consignor shows the company in the transit country, and the consignee shows the customer in the final destination country.
Then send the new bill of lading to the customer in the final destination country, and the customer takes delivery of the goods at the port of destination with this bill of lading. In this way, the operation of changing the bill of lading is completed, ensuring the smooth progress of entrepot trade.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Changing the bill of lading is generally because it is necessary to change the transportation route and relevant information of the goods, such as concealing the country of origin. Therefore, changing the bill of lading is often required to meet these needs.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
If the bill of lading is not changed, the customer in the destination country may directly know the country of origin of the goods, which is not conducive to the entrepot trader's protection of business information. So in most cases, the bill of lading needs to be changed.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
Changing the bill of lading in entrepot trade can make the transportation and delivery of goods more in line with the trade strategy and ensure that the transaction progresses as planned. Therefore, changing the bill of lading is very common.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
In entrepot trade, in order to meet the requirements of different links and avoid restrictions on the country of origin by the destination country, changing the bill of lading is a common means.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
When the goods stop and transship at the transit port, changing the bill of lading can adjust the transportation documents to adapt to the new transportation arrangements. Therefore, in most cases, the bill of lading needs to be changed.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Changing the bill of lading can help the transit merchant operate the trade process flexibly. So from the perspective of actual operation, changing the bill of lading is often required in entrepot trade.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Considering business interests and trade rules, changing the bill of lading in entrepot trade can solve the connection problem between transportation and delivery, and it is basically necessary to change the bill of lading.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
In order to match the transportation information of goods with the trade process, entrepot trade usually achieves this purpose by changing the bill of lading.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
From the perspective of protecting trade secrets and transportation arrangements, in most cases, the operation of changing the bill of lading will be carried out in entrepot trade.