We can distinguish the charter party from the bill of lading from the following facts :1. Contract And Evidence :-
Charter party : Charter party is a contract between the ship owner and shipper about hiring the ship.
Bill of Lading : Bill of lading is an evidence of receiving the goods.
2. Transferable :-
Charter party : Charter party is not transferable.
Bill of Lading : A bill of lading can be transferred by endorsement and delivery.
3. Title To The Goods :-
Charter party : Charter party is not a document which declares the title of the goods.
Bill of Lading : A bill of lading is a document which declares the title to the goods specified.
4. Drawn In Sets :-
Charter party : A charter party is not drawn in sets.
Bill of Lading : A bill of lading is drawn in these sets.
5. Leasing Of Ship :-
Charter party : A charter party may be for amount to a lease of the ship.
Bill of Lading : Such type of intention is not conveyed in the bill of lading.
6. Particular Destination :-
Charter party : A charter party may be for the particular voyage.
Bill of Lading : A bill of lading is related with the particular destination.
7. Case Of Freight :-
Charter party : In case of charter party the freight is usually paid when the ship reaches to the port.
Bill of Lading : The freight is to be paid in advance, in case of bill of lading.