Definicja ocean bill of lading

A contract between an exporter and an international carrier for transport of merchandise to a specified foreign market overseas.

Ocean shipments require for domestic transport an inland bill of lading, and for international transport an ocean bill of lading (representing the ownership of the floating merchandise). In combination with the purchase order, it transfers ownership and physical rights to the goods contained in the document. For guaranteed payment transactions, especially letters of credit, in which ship transport is required, it is the primary documentation for the goods.

Forms of the document include the "Forwarding Certificate of Receipt" (FCR) and the "Fiata - Bill of Lading" (FBL).