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 any other shipping documents other...
Category: Port Operations
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, surrendering a bill of lading simply means...
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....
Introduction One of the most common costs that occur is the detention and demurrage surcharge. It is applicable to everyone privy to the arrangement of transportation in one form or another....
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”...
Introduction One of the most important documents in shipping and logistics is the Bill of Lading, it has all the necessary details of the cargo delivery. Ever since the 13th-century bill of lading...
