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- Difference between an exporter and a shipper - Shipping and Freight . . .
Exporter may or may not be the seller of the goods Shipper = is a person or company or entity that is shown in all the shipping documents (bill of lading, commercial invoice, packing list) as the party responsible for procuring and or placing the order for shipment and maybe also for arranging the freight payment etc
- Difference between a Freight Forwarder and NVOCC - Shipping and Freight . . .
If you are an importer, exporter or shipper (yes they are different) imagine having to go through the activities of arranging trade finance, documentation, negotiating freight contracts, monitoring the movement of the cargo, transportation, customs clearances, port inspections and all other activities by themselves for the above volume
- 0302030 Letters of Credit Guide - Shipping and Freight Resource
Exporter, meaning that it may be cancelled or changed up to the time the documents are presented A revocable Letter of Credit affords the Exporter little protection; therefore, it is rarely used An irrevocable Letter of Credit cannot be cancelled or changed without the consent of all parties, including the Exporter
- House Bill of Lading and Master Bill of Lading - Shipping and Freight . . .
So basically we have exporter A, importer B ( 7 palets, 4000kg ) and importer C ( 5 palets, 3000kg ), all in one container importer B and importer C pay exporter A by “payment against documents” We do 2 HBL, 1 HBL = shipper A, consignee B, notify B, 7 palets, 4000kg 1 HBL = shipper A, consignee C, notify C, 5 palets, 3000kg
- Can the shipper’s address on the bill of lading be in another country. . ??
Exporter need not necessarily be the actual seller of the cargo or the entity actually concluding the deal Shipper = is a person or company or entity that is shown in all the shipping documents (bill of lading, commercial invoice, packing list) as the party responsible for procuring and or placing the order for shipment and maybe also for
- Demurrage and Detention - Exporter vs Shipping Line
Dear Sir, I hv a BL stated with terms 14 days dem det combined But after we had pick up and retrurn the container within 14 days, we were being charged by liner for demurrage
- Shipper on bill of lading can be from a country different from port of . . .
For example, in India and Brazil, as per customs requirement (confirmed by a few forwarders to me), the shipper on the bill of lading has to be the actual exporter of the cargo who has filed the customs documentation and has to be based in the country of the port of load
- What is a letter of credit, how it works and who needs it. .
A Letter of Credit or Documentary Credit is a promise by a bank on behalf of the buyer (applicant importer) to pay the seller (beneficiary exporter) a specified sum in the agreed currency, provided that the seller submits the required documents by a predetermined deadline
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