Sea Waybill is a document issued by a carrier for the transport of goods by sea, similar to a bill of lading. However, unlike a bill of lading, it is not a document of title. This means it cannot be used to transfer ownership of the goods while they are in transit. It simplifies shipping for known and trusted parties.
Key benefits of Seas Waybill:
- It cannot be transferred or assigned to third parties.
- Goods can be released without the need for original documents, requiring only proof of identity from the consignee.
- It’s ideal for shipments where cargo ownership does not change during transit, and no banking arrangements are involved.