Wednesday, June 12, 2024
shipping and freight resource services

Incoterms®

6 tips to avoid the consequences of incorrect Incoterms®usage

Ever since its introduction in 1936, Incoterms® has been a paradox to many buyers, sellers, traders, freight forwarders, shipping lines, and other stakeholders who...

Matters critical to understanding Incoterms 2020 Rules

The Incoterms® rules are a globally-recognised set of standards, used worldwide in international and domestic contracts for trade transactions for the delivery of goods.. Following its introduction...

Is there a connection between Incoterms® and the shipping line..??

- Is there a connection between Incoterms® and the shipping line..??
- Should Shipping Lines be concerned with Incoterms®..??
- How does Incoterms® affect the shipping line..??
These are few of the questions raised by readers who have complained that their booking was on FCA, FOB, CIF etc but the carrier refuses to show this commercial information on the bill of lading.. Commercial information includes details about the Incoterms®..

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