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CONSIGNED TO THE ORDER OF BUYER

Company Profile:



Business Nature: This is not a specific company name but a standard international trade shipping term. It indicates that the goods are consigned to the order of the buyer, meaning the buyer holds the title to the goods and controls the release of the shipment.

Classification: Neither a manufacturer nor a trading company. This term is used in Bills of Lading to specify the consignee of the cargo.

Description: Consigned to the order of buyer is a legal designation used in maritime transport documents. It signifies that the ownership of the goods is vested in the buyer, and the carrier will release the cargo to the party presenting the original Bill of Lading endorsed by the buyer. It is a common practice in import and export operations to ensure security of payment and title transfer.

Enterprise Products

CONSIGNED TO THE ORDER OF BUYER is not a company name. It is a standard international trade shipping term used in Bills of Lading.

When a Bill of Lading is marked as Consigned to the Order of Buyer, it means the goods are consigned to the order of the buyer, effectively making the Bill of Lading a negotiable document. The buyer must endorse the document to take possession of the goods or transfer ownership.

Because this is a legal shipping instruction rather than a company name, there are no products associated with it.

Business Registration Information:

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