maritime transport is an important part of global trade, and the bill of lading (B/L) plays a key role in it. Depending on the consignee's name, the B/L can be classified into three main types: straight B/L, bearer B/L, and order B/L. 📝

Firstly, the straight B/L is issued to a specific consignee, meaning the goods can only be delivered to that named party. It’s non-negotiable, making it less flexible but secure for certain transactions. ✅

Secondly, the bearer B/L allows anyone who holds the document to claim the goods. While this offers convenience, it also carries higher risks due to its transferability without endorsement. 🔑

Lastly, the order B/L can be transferred through endorsement, offering more flexibility than the straight B/L while maintaining better control than the bearer B/L. This type is widely used in international trade because of its balance between security and adaptability. 🌍

Each type serves different needs, ensuring smooth operations across various trading scenarios. 🚢

Note: Always consult professionals before deciding which B/L suits your business best! 💡