Ads
related to: shipping terms for containers and supplies for sale
Search results
Results From The WOW.Com Content Network
It is important to note that these terms are generally not suitable for shipments in shipping containers; the point at which risk and responsibility for the goods passes is when the goods are loaded on board the ship, and if the goods are sealed into a shipping container it is impossible to verify the condition of the goods at this point.
With "FOB destination", the sale is complete at the buyer's doorstep and the seller is responsible for freight costs and liability during transport. [11] [12] The two terms have a specific meaning in commercial law and cannot be altered. But the FOB terms do not need to be used, and often are not.
The term break bulk derives from the phrase breaking bulk—the extraction of a portion of the cargo of a ship or the beginning of the unloading process from the ship's holds. These goods may not be in shipping containers. Break bulk cargo is transported in bags, boxes, crates, drums, or barrels.
The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
Standard Trading Conditions (STC) are standardized terms imposed by some countries for accepting cargo by shipping lines, airlines and logistics services providers like freight forwarders and customs agents. They are usually printed as the fine print behind the shipping documents like bill of lading, air way bill, or consignment note.
An intermodal container, often called a shipping container, or cargo container, (or simply “container”) is a large metal crate designed and built for intermodal freight transport, meaning these containers can be used across different modes of transport – such as from ships to trains to trucks – without unloading and reloading their ...
Ad
related to: shipping terms for containers and supplies for sale