An interesting question from a reader about who will get the claim amount in a CIF shipment where the cargo is damaged in transit.. The seller or the buyer..??
Read comments from an expert..Click here to read more » » » (Estimated reading time: 2 minutes)
Insurance is a very important item in any business transaction.. Shipping is no different..
Will there be any impact on the insurance cover taken if the bill of lading issued for the shipment is an Express Bill of Lading..??Click here to read more » » » (Estimated reading time: 3 minutes)
In the unpredictable industry of Shipping, it is always prudent for one to be comprehensively covered against all exigences.. This article discusses about one such exigency which is General Average..Click here to read more » » » (Estimated reading time: 6 minutes)
Are Incoterms® EXW rules suitable for international trade..??Click here to read more » » » (Estimated reading time: 4 minutes)
In a shipment on EXW terms – Who should pay for securing the cargo in the container..?? This is a question posed by a reader as below.. Here is my question : – cargo (wine in cartons, on pallets) will be exported from France to the USA – the term of sale is EXW –…Click here to read more » » » (Estimated reading time: 3 minutes)