Case study
1. The meaning of Seaway bill
For Seaway bill, products can be delivery to a consignee if the person's authenticity is confirmed since it is liner waybill by signature not a marketable securities so if it is a traditional Clean On Board Ocean B/L, it is convenient to save extra expense due to delivery delay or demurrage.

2. Accepting condition for marine transportation
When L/C requires invoice for marine transportations the accepting condition is same as general ocean orignal B/L. Except, invoice for marine transportations can be used with multi transport, if a invoice for marine transportations is necessary from port to port transportations, the delivery from port of loading to a discharging port must be done by using marine transportation as indicated in the credit. But it is acceptable to use other transportations method before the shipment or after discharging. And the regulation for the marine transportations is based on the U.C.P. amended by CMI (Committee Maritime International).

3. Transaction possible with marine transportations
It can be used between affiliates of the head offices, between seaborne trade such as the deep-sea fishing vessels and all other sales contractors that are in reliable relationship. In case with a credit opening bank, they assigned the actual consignee as a opening bank to open a credit, than an applicant is not allowed to clear products at custom and requires a release order from a bank to receive goods.

4. Presenting a invoice for marine transportations instead of a Clean On Board Ocean B/L
Since a Clean On Board Ocean B/L is marketable securities and a invoice for marine transportations is a simple receipt for products, unless a credit requires for it, a invoice for marine transportations can not be replacement for a Clean On Board Ocean B/L.