PLACE OF RECEIPT AND PORT OF LOADING IN IMPORT-EXPORT

In international freight transportation, the term “Place of Receipt” often appears on Booking Notes and Bills of Lading. However, many people tend to confuse it with “Port of Loading.” This article will help you understand what Place of Receipt is, how to differentiate it from Port of Loading, and their significance in the logistics process.

1. What is Place of Receipt?

Place of Receipt refers to the location where the shipping line or logistics company receives goods from the shipper (exporter). This can be:

• The exporter’s warehouse.
• The logistics company’s or freight forwarder’s warehouse.
• An Inland Container Depot (ICD).

Example:

A manufacturing company in Binh Duong wants to export goods to Japan.

• Place of Receipt: The company’s warehouse in Binh Duong.
• Port of Loading: Cat Lai Port, Ho Chi Minh City.

In this case, the goods are handed over to the shipping line or freight forwarder in Binh Duong. The shipping line then transports the goods to Cat Lai Port, where they are loaded onto a vessel bound for Japan.

2. What is Port of Loading?

Port of Loading (POL) refers to the port where goods are loaded onto a vessel to commence their international journey. This is a crucial point in the transportation chain, affecting both scheduling and freight costs.

Differences Between Place of Receipt and Port of Loading

3. When Are Place of Receipt and Port of Loading the Same?

If the exporter transports goods to the port themselves and hands them over directly at the port, then:

Place of Receipt = Port of Loading.

Example:

A rice-exporting company in Ho Chi Minh City delivers goods directly to Cat Lai Port, without using an intermediate warehouse.

4. Key Considerations When Using Place of Receipt on Documents

• When making a booking, ensure the correct Place of Receipt is specified to avoid errors in transportation arrangements.
• If the goods are delivered at an inland warehouse, clarify cost responsibilities for transportation from Place of Receipt to Port of Loading.
• Under EXW or FCA terms, Place of Receipt is typically the exporter’s warehouse.
• Under FOB terms, Place of Receipt is usually a seaport, meaning it will be the same as Port of Loading.

Conclusion

Understanding Place of Receipt allows for better control over shipment processes, cost optimization, and the prevention of logistics confusion.

If you’re looking for the best import-export solutions, feel free to contact us for detailed consultation. If you need legal support or assistance with customs procedures in import-export activities, please contact Smart Link Logistics for fast and efficient consultation. With over 14 years of experience in the transportation field, we are proud to accompany you throughout your journey.