Bill of Lading vs Sea Waybill: features, functions, and differences

The Bill of Lading and the Sea Waybill are two documents related to maritime shipping, but they serve different functions and have different characteristics: let's delve into their differences.

difference between sea waybill and bill of lading

In the context of sea freight shipments , two essential documents regulate the maritime transport of goods : the Bill of Lading and the Sea Waybill (or Express B/L ). Despite their apparent similarities, these documents hold distinct roles and functionalities. Through a detailed analysis presented by Savino Del Bene, this article endeavors to delineate the differences between these critical documents, providing a comprehensive understanding of their respective value in the global maritime trade.

What is the Bill of Lading?

For ocean shipments the Bill of Lading (B/L) can be considered the most important document, it’s the evidence of the contract of carriage between the carrier and the shipper. The Bill of Lading provides proof of loading on board the vessel specified therein (this differentiates it from the “Received for Shipment B/L” which proves the delivery of the goods to the carrier). Upon issue, the maritime carrier therefore certifies that it has loaded the goods onto a specific vessel for shipment and undertakes to deliver them to their destination. The carrier or its agent issues a set consisting of originals (usually three) and non-negotiable copies. The original copies must be duly signed by the master, the carrier or their agents; usually, in daily practice, it is the agent of the carrier who issues and signs most of them. The presentation of the first original will invalidate the validity of the remaining ones.

The functions of the Bill of Lading

The legitimate holder of the Bill of Lading has the right to obtain from the carrier the delivery of the goods indicated in the title, the right to dispose of the goods and has the possession of the goods, this is a symbolic possession but equivalent to the physical one.

It’s divisible: if the cargo, even during the voyage, is destined for multiple buyers, it would be possible to divide the B/L into several delivery orders, depending on the number of receivers of the goods.

How is the Bill of Lading filled out?

The fields typically filled out in most Bills of Lading are as follows: