The importance of three capital letters – Incoterms

For the past 80 years, Incoterms® has been the cornerstone of commercial trade globally setting the basis for robust trade negotiations which involves directly or indirectly, sellers, buyers, shipping lines, truckers, forwarders, clearing agents, chambers of commerce, legal firms, courts, etc etc.. Read its history here.. Continue Reading

Who pays freight charges for a shipment..??

Charges that are applicable for a shipment can be classified as Ocean related charges and Landside charges.. This article discussed who pays for freight charges between the buyer and seller.. Continue Reading

Should the Shipped on Board Date and Bill of Lading Date be the same..??

Shipped on Board Date and Bill of Lading date – can these two dates be different..

What are the implications if they are same or different..?? Continue Reading