Document background
The Released Bill of Lading is a fundamental document in maritime trade, particularly important in Saudi Arabia's shipping and commerce landscape. It is used when goods have been released to the consignee, typically after payment has been made or terms have been met. This document type combines the traditional functions of a bill of lading with specific requirements under Saudi Arabian law, including compliance with both Sharia principles and international maritime conventions. The Released Bill of Lading contains essential information about the shipped goods, involved parties, vessel details, and terms of carriage, while serving as a legally binding document that transfers title to the goods. It's particularly crucial in Saudi Arabia's major ports such as Jeddah, Dammam, and King Abdullah Port, where it must comply with both Saudi Ports Authority regulations and international shipping standards.
