What is a Certificate of Origin..??

Certificate of Origin Shipping and Freight Resource

All of you have heard about a Certificate of Origin..

In this article, I will explain about what is a certificate of origin, why it is required, who issues it etc..

A Trade agreement is a contractual arrangement between countries concerning their trade relationships and how they conduct trade with each other..

Trade agreements may be bilateral or multilateral and could be in the form of Regional Trade Agreements (RTA) between two or more partners or a Preferential Trade Agreement (PTA) under which developed countries grant preferential tariffs to imports from developing countries..

Customs department in the importing country may require a proof of origin in order to determine whether or not the cargo that is imported may be subjected to certain trade measures such as the preferential duty tariff (for stuff that is imported from with the PTA bloc), prohibted goods etc..

Customs in the exporting country may also require this proof of origin in countries where such trade measures are applicable for exports..

As per WCO’s (World Customs Organisation) definition, “proof of origin” means a document or statement (either in paper or electronic format) which serves as a prima facie evidence to support that the goods to which it relates satisfy the origin criteria under applicable rules of origin. It includes a certificate of origin, a self-issued certificate of origin, or a declaration of origin..

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Should we still source from China..??

sourcing from china

Since the time of opening up for global trade circa 1980 to becoming an economic superpower in the 2000s and till now, China has come a long way in terms of global trade..

China’s growth in the last 30 odd years has however been marred by allegations of Chinese exporters or traders being fraudsters and scam artists creating a notoriety for them among global traders..

Even on this blog, there have been a few real-life examples and case studies from readers not happy about the way some Chinese companies/people have conducted business with them..

So has this situation changed or gotten any better..?? Should we still source from China..??

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Record number of visitors at Intermodal Asia 2017

Intermodal Asia

Intermodal Asia took place 21st-23rd March 2017, welcoming a record number of visitors to its 4th edition in Shanghai, China.

With more than 8,500 visitors, 160 global exhibitors and 85 expert speakers, Intermodal Asia successfully brought together the senior decision makers from the container and intermodal industry to network, learn and do business with new and existing customers.

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The art of handling a freight tender

the art of handling a tender

Tenders are an integral part of shipping and freight for the carrier, shippers and and OTI (freight forwarder or NVOCC)..

I headlined this article as “the art of handling a freight tender” because majority of the tenders are quite complicated and capable of pushing people over the edge due to its complexity with its tight deadlines and the nearly impossible task of compacting the costs..

People in our industry who have handled some complicated global freight tenders such as the ones floated by global companies will understand what I am talking about..

So how does the whole thing work and how does a tender influence or impact on a carrier and/or freight forwarder and their business.. Is it really an art..??

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What is a Change of Destination Request and how should it be handled..??

change of destination - shipping and freight resource

A Change of Destination request is sent to or received by the carriers for many shipments.. This article dissects such a request and explains the process of how to handle it..

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Cargo Tracking Note – what is it..??

Image for Info

Cargo Tracking Notes (CTN) – is an official, maritime document issued upon shipment at the loading port and mandatory for many countries in Africa..

The basic information required on the CTN is the cargo, shipper, receiver, vessel/voyage, loading and discharging port.. The CTN is required by these countries for information on cargo flows and also for statistics purposes..

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What is a HS Code..??

What is HS Coder

An article outlining clearly the use and requirement of the HS Code with references directly from the World Customs Organisation..

On this blog, doubts about this code is one of the most important questions that are raised all the time from around the world..

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