FCA vs CIF The difference between FCA and CIF INCOTERM lies in segregating the risks and responsibilities of transportation. The risk and responsibilities of both FCA and CIF INCOTERM also...
Category: Shipping
What is Vessel Delay It is common knowledge amongst cargo owners what a vessel delay is. Factually speaking, when shipping agents notify us, the cargo owners, that the vessel has been delayed, we...
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 – CFR,...
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 it is very...
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...
