Incoterms® 2020 rules and how to spot fakes

Incoterms 2020 Rules - Shipping and Freight Resource

For the past 80 years, Incoterms® by ICC has been the cornerstone of global commercial trade, creating the basis for robust trade negotiations directly or indirectly involving sellers, buyers, shipping … Read more..

Why cargo insurance and insurers matter..

cargo insurance - shipping and freight resource

Cargo insurance is a type of insurance that covers/compensates a buyer or seller of goods against cargo damage or loss of cargo.. Despite insurance having been around for centuries, there is still a … Read more..

Will the container industry ever forget FOB – Free On Board

FOB - Free on Board - Shipping and Freight Resource

I can visualise a few raised eyebrows to the question “Will the container industry ever forget FOB”.. Especially since FOB has been and still seems to be an integral part … Read more..

8 points to consider before you sign a bill of lading

points to consider before you sign a bill of lading

To the casual onlooker, signing a bill of lading may be a routine, day to day mundane job done by many people across the world.. But the fact is that … Read more..

Is there a link between demurrage and Incoterms..??

Is there a link between the demurrage charged by the shipping line and Incoterms®..?? This question was prompted by the below question from one of the readers.. Thank you Rizwan.. … Read more..

Does a Bill of Lading override a Sales Contract..??

image for confused man

An interesting question from a reader who wants to know – “Does a Bill of Lading override the Sales Contract”..?? What are your views and opinions on this question..??

Responsibility of buyer and seller in the case of cargo damage

image for case study

At some stage of shipping, many buyers and sellers have gone through this question.. There has been cargo damage – who should be held responsible.. Who was supposed to check … Read more..

Shipping cargo without insurance – reader question

featured image for reader question

Shipping your cargo without insurance.. Hmmmmm, not a very smart idea.. Several pitfalls await those who attempt this.. Here’s a question from a reader based on their historical experience.. All … Read more..

Incorrect cargo in container – who is responsible..??

Image for risk

Incorrect cargo in container – who is responsible..?? This is the gist of the question below from Bukky.. Container arrived,sealed Cleared customs in Houston, TX. Pick up the same for … Read more..