Another #container is waiting to be loaded. #oceanfreight #FCL #shipping #export
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Quote of the week.. Delivering flexible and cost-effective shipping for your partial loads, ensuring every shipment counts towards your success! #Cleve #OceanFreight #Shipping #LCL #FCL #NVOCC #groupage #oceanfreight #Airfreight #IATA #Consolidation #import #export #transportoversea
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Bill of Lading: The Key Document in International Shipping #BillOfLading #ShippingDocuments #GlobalTrade #ExportTips #LogisticsKnowledge #ImportExport #TradeEssentials
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The #FAS (Free Alongside Ship) #Incoterm is a rarely used trade term in international #shipping. It stipulates that the seller delivers the goods when they are placed alongside the vessel at the named port of shipment. This means the risk of loss or damage to the goods transfers from the seller to the buyer once the goods are alongside the ship. The buyer is responsible for the cost of loading the goods onto the vessel, as well as any further transportation costs, including freight, insurance, and unloading costs at the destination port. FAS Incoterm is rarely used primarily because it fits a narrow range of shipping scenarios and can lead to complications regarding the responsibility and handling of goods. More commonly used Incoterms such as #FOB (Free On Board) and #FCA (Free Carrier) offer clearer definitions of responsibilities and risk transfers, making them more practical and preferred in international trade. #Forwarding #Forwarderlife #Expediteur #Container #Airfreight #Oceanfreight
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APSEZ, the only bidder to place a price bid for the contract, quoted some Rs2,10 per twenty-foot equivalent unit (TEU), which is well within the ceiling rate set by the port authority to emerge the successful bidder #AdaniPorts #SyamaPrasadMukherjee-Port #ContainerHandling #OMContract #Infrastructure #Logistics #Maritime #Trade #Shipping #PortOperations #IndiaPorts #EconomicDevelopment #GlobalTrade #SupplyChain #ShippingIndustry #CargoHandling #PortManagement #Transportation #BusinessNews #Investment #TradeRoutes #Export #Import #OceanFreight #TradeLogistics #PortAuthority #InfrastructureDevelopment #IndianEconomy #ShippingNews #ContainerTerminal
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INCOTERMS is a key for the Port and Shipping industry
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The Sea freight rate is still keeping higher. But rate did not increase slower than last few days. May be you have any lower rates from BCO contract from other peers. But space is also limited too. Hope this will be better later days. #FCL #INTERNATIONAL #Logistics #Forwarding #SEA #Transportation #Supply #Chain #China #Europe
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Exim Term of the Day: BL 🚢 BL: Stands for "Bill of Lading" 📑 Accelerate your export journey by understanding the Bill of Lading 🌍 - - Appreciate the insights on global trade? Follow for more in-depth discussions on imports & exports. Do share this post with your connections and suggest any specific areas you'd like us to delve into next! - - #exim #exports #imports #cargo #customduty #trade #traders #cargoshippingcontainers #shipping #shiplife #crossbordershipping #seas #tradenews #globaltrade #product #tipsandtricks #supplychainmanagement #supplychain #billoflading #shipments
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What is a Maritime Bill of Lading? A Maritime Bill of Lading is a crucial document in international trade that serves as a receipt for goods shipped by sea and as evidence of the contract of carriage between the shipper (exporter) and the carrier (shipping line). It outlines key details such as the type and quantity of goods being shipped, the destination port, the shipping vessel's name, and the terms of the agreement. This document plays a vital role in facilitating smooth and secure trade transactions by providing proof of ownership, enabling the transfer of goods from seller to buyer, and serving as a legal instrument for resolving disputes in case of damage, loss, or non-delivery of goods. The Maritime Bill of Lading is also often used as collateral for trade financing and as a title document in international trade transactions. Overall, the Maritime Bill of Lading is essential for ensuring transparency, accountability, and efficiency in maritime trade operations. 🚢📦🌍 Learn more at the International Trade Council. Become part of our vibrant community https://lnkd.in/gVvQ5tb #InternationalTradeCouncil #SupplyChainTransparency #Manufacturing #Logistics #MaritimeBillofLading #InternationalTrade #Shipping
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Quote of the week. Import and export - the heartbeat of global trade. Connecting markets, creating opportunities, and making the world a little smaller, one shipment at a time! 🌍🚢 ✈️ #TradeConnections #OceanFreight #Cleve #Shipping #LCL #FCL #NVOCC #groupage #Seafreight #Airfreight #IATA #Consolidation #import #export
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What is a Maritime Bill of Lading? A Maritime Bill of Lading is a crucial document in international trade that serves as a receipt for goods shipped by sea and as evidence of the contract of carriage between the shipper (exporter) and the carrier (shipping line). It outlines key details such as the type and quantity of goods being shipped, the destination port, the shipping vessel's name, and the terms of the agreement. This document plays a vital role in facilitating smooth and secure trade transactions by providing proof of ownership, enabling the transfer of goods from seller to buyer, and serving as a legal instrument for resolving disputes in case of damage, loss, or non-delivery of goods. The Maritime Bill of Lading is also often used as collateral for trade financing and as a title document in international trade transactions. Overall, the Maritime Bill of Lading is essential for ensuring transparency, accountability, and efficiency in maritime trade operations. 🚢📦🌍 Learn more at the International Trade Council. Become part of our vibrant community https://lnkd.in/gVvQ5tb #InternationalTradeCouncil #SupplyChainTransparency #Manufacturing #Logistics #MaritimeBillofLading #InternationalTrade #Shipping
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