Before we discuss the difference between DAP and DPU, it is good to point out that INCOTERM 2020 has 4 predominant rules of INCOTERM: - E rules – Ex WorkF rules – FCA, FAS, FOBC rules –...
Category: Shipping
Why Surrender a Bill of Lading? A Bill of Lading performs as a document of title. Generally, this means that whoever possesses the Bill of lading has ownership claims to the goods. Because...
Fundamentally, logistics service providers fill the Bill of Lading. However, as an importer or exporter, it is a good practice to inspect the draft bill of lading first before its...
Thankfully, 99% percent of the Bills of Lading will come in roughly the same format. So, to understand how to read a Bill of Lading, you just need to understand one format. The most important detail...
What is Cargo Density? Cargo Density is a function of weight over volume. Although conventionally speaking, weight and mass are used...
There are a plethora of maritime shipping companies that exist around the world. Each shipping company serves a different market niche, and each shipping company has different levels of market...