Why does a sea waybill not need to be issued in a set of originals like a bill of lading?

Because it is a non-negotiable document and is therefore less likely to be used for fraudulent purposes than a bill of lading. Only one original needs to travel with the goods. There will usually, however, be several copy documents.

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Written by Ship Inspection

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In what circumstances is it possible for the carrier to issue a sea waybill rather than a bill of lading?

What statement normally appears in the title of a sea waybill?