This article provides an in-depth analysis of the various costs that the seller must bear under FOB shipping terms, including local charges at the port of origin, shipping fees, and related surcharges, as well as local charges at the destination port. It also discusses the issue of insurance cost allocation, helping sellers clearly understand their responsibility for cost sharing to enhance collaboration efficiency.
This article provides an in-depth analysis of the concept, application scenarios, and risks associated with "Switch Bill of Lading" in international trade. As a flexible trade tool, switch bills of lading play a significant role in circumventing trade restrictions, complying with contractual requirements, protecting commercial secrets, and optimizing tariff strategies. However, readers are reminded to exercise caution when using switch bills of lading, choosing reputable carriers, and understanding relevant laws and regulations to ensure trade security. Careful consideration is crucial for mitigating potential risks and ensuring a smooth transaction.
This article provides a detailed interpretation of Shanghai Port's "Five-Number Consistency" principle for customs clearance. It emphasizes the consistency of data, including the number of pieces, gross weight, volume, container number, and seal number, across the customs declaration, manifest, bill of lading, terminal pre-recorded data, and tally data. The aim is to help freight forwarding companies avoid cargo delays caused by data errors and improve customs clearance efficiency. Ensuring data alignment across these documents is crucial for smooth and timely processing of goods through Shanghai Port.
A backdated bill of lading refers to a document issued by the carrier, stating a date earlier than the actual shipment date, upon the shipper's request after the goods are loaded. This practice is often used to meet letter of credit requirements but carries risks, such as banks rejecting documents due to excessive backdating. Understanding the risk management associated with backdated bills of lading is essential for successfully completing transactions.
This article guides new companies through their first export process, focusing on key steps such as container pickup, customs declaration, and bill of lading confirmation. By understanding these procedures, new companies can enhance their export efficiency and successfully complete international trade.
HBL and telex release play crucial roles in international logistics. HBL refers to the house bill of lading, which is a document issued by a freight forwarder. Telex release simplifies the cargo pickup process, enhancing overall efficiency in the shipping process.
This article addresses frequently asked questions regarding pre-allocation manifest inquiries for consolidated shipments. It offers detailed explanations and practical tips, covering reasons for query failures, different port-specific inquiry methods, distinguishing between pre-allocation and clean manifests, and analyzing the relationship between pre-allocation and space release. The aim is to help readers efficiently query pre-allocation manifests and smoothly complete the consolidation process. This guide provides essential knowledge for navigating the complexities of pre-allocation manifests in ocean freight.
A Letter of Indemnity (LOI) is a crucial legal document that ensures the smooth delivery of goods in the absence of the original bill of lading. It holds the shipper accountable for any potential losses and serves as an essential assurance mechanism in international logistics.
This article provides a detailed guide on filling out the Ocean Bill of Lading, covering types of bills, filling requirements, processes, and common mistakes along with their solutions. It aims to help practitioners avoid frequent errors and ensure smooth customs clearance and transportation of goods.
SAMELE shared freight forwarding practical experience on the Jiyun Baodian forum, covering topics such as AMS filing, bill of lading creation, customs clearance procedures, air freight D/O exchange, and food cargo transportation. This provides valuable reference information and operational guidance for freight forwarding practitioners.
