What is the difference between international sea freight TELEX RELEASED and OCEAN BILL?

In foreign trade transactions, international logistics is an essential and very important step. If international logistics is well controlled, you can firmly hold onto the goods and not be afraid of losing both goods and wealth.

So we need to have a clearer understanding of several delivery methods in international logistics. On the one hand, it can ensure the safety of goods, and on the other hand, it can timely deliver goods to customers through different methods, which means that payment can be collected as soon as possible and difficulties in capital turnover can be avoided.

TELEX RELEASED:

Definition: It is the abbreviation for telegraphic release of goods. Send the bill of lading information to the destination port shipping company via electronic message or electronic information form, and the consignee can exchange the bill of lading and pick up the goods with the electronic release document stamped with the electronic release seal and the electronic release guarantee letter. The shipping company notifies the destination port agent to release the goods, without the need for an original bill of lading. As long as it proves that it is the consignee and the person being released electronically, the goods can be picked up.

Advantages: Convenient, fast, and safe (avoiding the risk of lost bills of lading).

Disadvantage: The shipper cannot control the ownership of the goods.

OCEAN BILL:

Definition: The original bill of lading issued by the shipping company. It is a document of property rights, on which the consignee extracts the goods. It can be endorsed and transferred, and is an important document; SHIPPER will receive the original bill of lading from the freight forwarder, scan it to CNEE, arrange payment, and then SHIPPER will send the complete set of bills of lading by express mail to CNEE. CNEE will exchange the original bill of lading for a delivery note to pick up the goods; Ocean bills of lading are more commonly used.

Advantages: It is convenient for buyers to pick up the goods in real time, simplifies procedures, and saves costs.