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Bookmark or Share- Difference Between a Seaway Bill and a Bill Of LadingSo the shipper and buyer both agree to use a Seaway Bill. This speeds up the shipping process since neither party has to wait for the BOL to be received in order for the shipment to progress. For this reason, Seaway Bills are often used interchangeably with the terms “Express Bill Of Lading” or “Straight Bill Of Lading”. Wrapping It Up
- What is a Pier Pass Fee? - InterlogUSAGet weekly insights into the world of logistics. Our newsletter provides great resources, industry trends, and solutions.
- When to Use a Seaway Bill Instead of a Bill Of Lading“Efficiency” is the name of the game when it comes to Seaway Bills. They serve the same purpose as a regular Bill Of Lading with the exception of “Transfer of Cargo Ownership”. If you ship using a Seaway Bill, cargo ownership is surrendered the second the cargo leaves. For these reasons, it can be risky if you don’t trust the buyer.
- When is a Bill Of Lading Issued? - Land, Sea, & Air Shipping Services ...In the case of seaway transit, the Bill Of Lading is issued at the time it is loaded onto the ocean vessel. However, there is an exception in the case of multimodal transport. Freight Forwarders and NVOCC’s are able to issue a multimodal Bill Of Lading at the time the goods are loaded at a rail port.
- What is a Seaway Bill? - Land, Sea, & Air Shipping Services - InterlogUSASeaway Bills are also referred to as an “Express Bill Of Lading” or “Straight Bill Of Lading.” They are generally used in scenarios in which great trust is already established between a shipper and customer, as cargo ownership is surrendered immediately when using a Seaway Bill. Questions about Seaway Bills
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