Logistics terms · Logistics terms
What does Sea waybill mean in logistics?
Short answer
A non-negotiable ocean transport document naming a specific consignee, who can take delivery without presenting an original document. It is not a document of title.
Suits Indian shipments between related companies or with open-account payment, where there is no letter of credit and no need to transfer title in transit. Ask our desk how this applies to your consignment.
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The numbers behind this answer
- Also called
- SWB, express release
- Category
- EXIM & customs
- Related terms
- Bill of lading (B/L), House vs master bill of lading, Air waybill (AWB), CFR (Cost and Freight)
Related questions
- What does Bill of lading (B/L) mean in logistics?
- What does Air waybill (AWB) mean in logistics?
- What does FOB (Free On Board) mean in logistics?
- What does House vs master bill of lading mean in logistics?
- What does MTO (multimodal transport operator) mean in logistics?
- What does Railway receipt (RR) mean in logistics?
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