A lot of business that trade in goods internationally make it a point to take on marine cargo insurance coverage because it safeguards their bottom line against losses for whichever reason (which we will talk about a little later in the blog). If you are planning on freighting goods overseas via ocean cargo during seasons… Read more »
Sea Cargo is one on the preferred modes of transporting of freight between countries for centuries. At first it was the only means of which goods could be bartered across the oceans, but nowadays, compared to the alternative of air cargo, sea cargo fares better due to its cost efficiency. However, if you really were… Read more »
In the last few blogs, we highlighted various factors that concern sea freight, payment terms and responsibilities between buyers and sellers. We’re highlighting the rest of the IncoTerms in this blog, to ensure that you have an all-round view of the ins and outs of all transport modes for whatever your freight forwarding requirement is…. Read more »
If you have been following our blog for the last few weeks, you would have realised that we highlighted a few things that relate to sea freight transactions. Last week, we looked at “Sea Freight Shipments and Payment Terms” and highlighted the scope of incoTerms. In this blog, we’re trying to make things more transparent… Read more »
Even in the olden days, trade occurred with the barter of a good or service, and presently it’s done in exchange of money. Whilst merchants of the past paid for new goods in kind, in sea freight nowadays there are sea freight shipments and payment terms that come attached to it to ensure that transactions… Read more »
Transshipment and shipside are not words that are commonly used when dealing with personal effects shipping, but are known for those dealing with commercial trade. In this blog, we look at what transhipment and shipside is and what it all entails. Transshipment Transshipment is essentially the transfer of a shipment from a vessel or a… Read more »
When it comes to shipping documents, we know that they differ from the type of shipment; sea, air, and land. In our previous blogs, we looked at the types of Bill of Lading. You can read about them in our blogs, The Types of Bill of Lading, and An Air Waybill and how it Differs… Read more »
An Air Waybill also abbreviated for ease of use as AWB, is also known as an air consignment note. This is a document that is issued when goods are transported by air as a means of acknowledging receipt. Much like other bill of lading types, they are non-negotiable. Once the goods arrive at the destination… Read more »
You may be aware of what is referred to as a Bill of Lading, but did you know that there are up to 8 different types of Bill of Lading, out of which 4 are commonly used. Based on the mode of transportation and your shipping terms, this can differ. Let us explain! Essentially, a… Read more »
What’s a “Consol Box” you ask? It requires a bit of background information, so let’s get you all caught up with how a Consol Box works in containerised shipments and why LCL cargos are related to Consol Boxes. Containerisation revolutionised the shipping industry when it was introduced over six decades ago, making waves in globalisation… Read more »
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