A seaway bill is a document of title that serves as a receipt for goods and can be used for tracking shipments, but it is generally non-negotiable, meaning it cannot be transferred to another party. In contrast, an ocean bill of lading is a negotiable document, allowing the holder to transfer ownership of the goods while they are in transit. Additionally, an ocean bill of lading often includes more detailed terms and conditions regarding the shipment, while seaway bills are simpler and primarily focus on the receipt of goods.
seaway bill airway bill
Master Bill of Lading: Issued from Carrier. House Bill of Lading: Issued from Freight Forwarder.
Non negotiable bill of lading
No difference
me
The master Bill OF lading Is issued by Shipping Line and The HOuse Bill Of Lading is issued by the freight forwarder
Sea way bill of lading is a non-negotiable. its issued from carrier to the shipper that means consignee (receiver of the goods) can get the delivery of his goods without presentation of Original bill of lading.
Bill of Lading Issued by carrier. Showing Consignee, Exporter, quantity of goods, Type of godds, etc. Bill of exchange Issued by exporter/shipper. Showing amount of goods. This used to exchange the shipping documents within shipper and buyer through bank.
Definition of 'Seaway Bill' The definition of a 'seaway bill' in Sections 208 and 209 of the code contains the same two initial requirements as for a bill of lading: it must evidence (i) a contract of carriage, and (ii) the carrier's receipt of the goods. However, unlike the bill of lading, the seaway bill is not a document of title. Thus there is no need for the consignee to present any transport document at the port of discharge, as long as he can identify himself as the party named as consignee in the seaway bill. Accordingly, the third requirement under the code is that the seaway bill obliges the carrier to deliver goods to the consignee named in the document. The carrier's only responsibility in this respect is to exercise due diligence when confirming the identity of the person claiming to be the consignee. Since the seaway bill is not a document of title, it may not be entirely suitable for shipments of goods intended for multiple resale during carriage. It is not absolutely clear under the code whether a buyer/consignee with a right of disposal over the goods can name yet another consignee
terminal bill of lading
Master Bill of Lading: Issued from Carrier. House Bill of Lading: Issued from Freight Forwarder.
Bill of lading date is Transportation industry terminology for the date the Bill of Lading is created.