Thursday, April 9, 2020
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    Surrender Bill of Lading
    Surrendering a Bill of Lading sounds like you are defeated and you have given yourself up to the police and admit defeat. No, that is not what it meant,...
    Do you ever wonder what it is like to be custom broker? What are the required skills and knowledge in surviving in this environment? While...
    Introduction Written Laws gives jurisdiction of a sovereign state to control. More specifically, sovereign states ratify international laws to give jurisdiction to people of the state to control.
    What is Detention and Demurrage In simple terms, detention is charges by the Vehicle Operated Container Carrier (VOCCs) for the use of equipment, while detention is a charged fee for the...
    Differences between Freight Forwarder and Customs Broker
    Port Congestion
    Introduction Have you heard the phrase, “s**t happens, and there is nothing you can do about it”? This is the equivalent motif behind the term Force Majeure, a French...
    Long Story Short Transshipment is the act of “Transferring” the “Shipment” between one form of transportation only. Whereas transloading is the act of “Transferring” the “Load” between multiple forms...
    Difference between DDP and DAP
    Introduction DDP and DAP are both trade terms or more commonly known as INCOTERMS laid out in the contract of sales. It does not appear in the Bill of Lading or...
    In this article, we will try to ACTUALLY weight the importance of marine cargo insurance objectively and hopefully give a clear perspective to importers, exporters, and third party service providers on the application of Marine Cargo Insurance.
    THE FINE PRINTS OF THE BILL OF LADING You honestly need a microscope in order to read the fine print of the terms and conditions at the back of a...