When it comes to international trade, the Marine Bill of Lading plays a crucial role in ensuring smooth cargo transportation. But did you know there are different types of bills of lading? 🗂️ Here’s a quick guide:

Firstly, the Straight B/L is a non-negotiable document that specifies the consignee (receiver) on the bill. It ensures the goods are delivered only to the named party. ✋ Next, we have the Order B/L, which can be transferred to another party through endorsement. This flexibility makes it popular among traders who need to sell goods during transit. 💳 Additionally, the Bearer B/L allows anyone in possession of the document to claim the goods, making it less secure but more flexible. 🏆 Lastly, the Sea Waybill is not a negotiable document and is used for shipments where the receiver is already known. 🚢

Each type serves a specific purpose, catering to various business needs. Understanding these differences helps ensure your cargo reaches its destination smoothly! 🌍