The article analyzes transport documents regulation in The United Nations Convention on Contracts forthe International Carriage of Goods Wholly or Partially by the Sea (the Rotterdam Rules) against backdrop of existing regulation on negotiable instruments, including electronic negotiable instruments.

The Author argues that ratification of the Rotterdam Rules is likely to cause a number of complications. Revision of the Maritime Code shall be necessary, along with certain amendments to the Civil Code general provisions on negotiable instruments. The Maritime Code should retain the existing regulation on bill of lading with some necessary additions on electronic form and on endorsement.