1) What is the implication of the Place of Receipt and Final Destination in a bill of lading..??
(For the carrier (shipping line) the inclusion of Place of Receipt and Final Destination means that the carrier is liable for the safe movement of the cargo from the Place of Receipt to Final Destination.. This will include the multimodal movement including rail, road, feeder etc.. For example if the Place of Receipt is shown as Johannesburg (inland point) and Final Destination is shown as Bengaluru (inland point), the carrier is responsible to pick up the cargo in Johannesburg and deliver it to Bengaluru where the mode of transport could include Road ==> Rail ==> Sea ==> Rail ==> Road etc.. )
2) What is the implication of the term CY after the final destination or place of receipt in a bill of lading..??
(CY = Container Yard which in some cases maybe an area different to the one where the container has been discharged from the ship.. If the term CY is shown on the bill of lading, it is the carriers responsibility to park the container at the CY at any additional cost to them..)
3) What is : FIO, FILO, LIFO, FLT..
(These terms are generally used in bulk/break bulk shipments :
FIO : Free In/Out which when used from a liners perspective means that the client (shipper or consignee) are responsible for the loading (In) and discharging (Out) costs at the Port of Load and Port of Discharge respectively.. The lines responsibility and costs commences/ceases when the cargo passes the ships rail..
FILO : Free In/Liner Out which when used from a liners perspective means that the shipper is responsible for the loading (In) costs at the Port of Load and the Liner (carrier) is responsible for the discharging (Out) costs at the Port of Discharge..
LIFO : Liner In/Free Out which when used from a liners perspective means that the liner is responsible for the loading (In) costs at the Port of Load and the consignee is responsible for the discharging (Out) costs at the Port of Discharge..
FLT : Full Liner Terms which when used from a liners perspective means that the liner is responsible for the loading (In) and discharging (Out) costs at the Port of Load and Port of Discharge and basically the liners responsibility and costs commence/ceases at the shoreside where the cargo is made available..)
4) What is the difference between a Max Payload & a Max Gross weight of a container..??
(Payload is the maximum permitted weight of cargo and packing material allowed to be packed inside a container.. Gross Weight is the weight of the cargo plus the Tare Weight of the container.. )
5) What is the maximum weight you can pack in a 20’ gp & 40’ gp..??
(In GENERAL the classified weight is 21 tons in a 20′ gp and 26 tons in a 40’gp.. However, this could vary from shipping line to shipping line or from port to port specially where weight restrictions apply.. Example as per the ruling Indian port do not allow cargo weighing more than 23 tons gross on the roads.. Hence the individual weight restrictions of each of the ports must be respected and followed..)
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