Air Freight Shipments:
Handled by Air Waybills (AWB) which is a contract between the shipper and airline that states the terms and conditions of air transportation and can never be made in negotiable form.
Ocean Bill of Lading (B/L):
Receipt for cargo in transit and a contract between the exporter and an ocean carrier for transportation and delivery of goods to a specified party at a specified foreign destination. The Ocean Bill of Lading is issued after the vessel has sailed and the cargo has been entered in the ship’s manifest.
Bill for the goods from the seller to the buyer and these invoices are often used by governments to determine the true value of goods when assessing customs duties Governments that use the commercial invoice to control imports will often specify its form, content, numbers of copies, language to be used and other characteristics.
Document that is required in some countries and it describes the shipment of goods and shows information such as the consignor, consignee and value of the shipment. Certified by the consular official of the foreign country stationed here, it is used by the country’s customs officials to verify the value, quantity and nature of the shipment.