While scouring through the internet, we have realized there are still some confusion, in the perspective of the exporters and importers, as to what are the implications of accepting a house bill of...
Posts by kelvinsee
It is fascinating how logistics revolves around pieces of papers, even with technology advancements woven into our lives, documents such as the bill of exchange and the bill of lading are still very...
A significant portion of the containers in the port yard is actually not for the local market. It is intended for another destination. They are reexported to other countries of destination, not...
Conceptually speaking, the trade of international goods is physical. So, understanding the logic behind shipping a container of goods from point A to point B is very digestible. However, the sale is...
Here is another interesting juxtaposition, the Free Alongside Ship and Free on Board. Since the majority of international trade is done with shipping containers, we will wager that you will see the...
This is a delicate document, accountants will have one understanding of a proforma invoice, law practitioners have another understanding of the document, and finally, exporters and importers have...