Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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FCA Incoterms Gain Popularity for Global Trade Efficiency

FCA Incoterms Gain Popularity for Global Trade Efficiency

For international goods buyers, FCA (Free Carrier) often surpasses FOB and EXW. FCA is better suited for containerized shipping, clearly defining the seller's responsibility for export clearance and loading, thus reducing the buyer's burden and risk. When choosing Incoterms®, factors like the nature of the goods, mode of transport, and the strengths of both parties should be considered. FCA is a wise choice for simplifying processes, reducing costs, and mitigating risks in international trade transactions.

11/03/2025 Logistics Encyclopedia
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FCA Terms Cut Costs Risks in International Trade Logistics

FCA Terms Cut Costs Risks in International Trade Logistics

This article analyzes the Free Carrier (FCA) Incoterm, covering its definition, delivery methods, advantages, differences from FOB, and supplements within Incoterms® 2020. It helps you control costs and mitigate risks in international trade transactions. Understanding FCA is crucial for determining responsibilities and liabilities between buyer and seller regarding delivery and transportation. The analysis provides practical insights for businesses involved in global commerce, enabling them to leverage FCA effectively for optimized logistics and minimized potential disputes.

11/03/2025 Logistics Encyclopedia
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Maersk Launches Mauritius Trade Solutions

Maersk Launches Mauritius Trade Solutions

Maersk offers localized and integrated logistics solutions in Mauritius, streamlining supply chains and boosting efficiency to support business growth. We optimize digital experiences through Cookie management and provide customized services including customs clearance, warehousing, and inland transportation, along with comprehensive freight forwarding and supply chain management solutions. Our new booking solution enables instant confirmation, improving booking efficiency and providing greater control over your shipments.

09/28/2025 Logistics
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Boquemonte Airport Venezuelas Undiscovered Aviation Asset

Boquemonte Airport Venezuelas Undiscovered Aviation Asset

This article provides essential information about Boquemonte Airport in Venezuela, including its geographical location, time zone, and NOTAM access. Although there are currently no passenger reviews, Boquemonte Airport plays an important role in the surrounding transportation system, showcasing the unique charm of small airports.

09/12/2025 Airport Codes
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Clorinda Airport Boosts Argentinas Regional Connectivity

Clorinda Airport Boosts Argentinas Regional Connectivity

Clorinda Airport is an important small airport in Argentina, featuring a safe concrete runway and a strategic location, operating in the GMT-3 time zone. Despite information access restrictions, the airport remains a key hub for air traffic in South America, contributing to local economic development.

08/04/2025 Airport Codes
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