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How is insurance calculated in EXIM?

September 29, 2022 4070 Read More

The premium of a marine insurance policy depends on the following factors:The nature and value of the goods that are bei

Why is Insurance necessary in EXIM Trade?

September 28, 2022 2521 Read More

Export Credit Insurance or ECI ≈ Export Credit Insurance or ECI protects against the risk of non-payment by a foreign b

What are the important payment terms used in EXIM?

September 27, 2022 3344 Read More

Clean PaymentsPayment Collection of Bills in International TradeLetter of Credit L/c

What is Line of Credit?

September 26, 2022 4830 Read More

Line of credit can be defined as a credit facilitated by banks or any other financial institutions to a government or a

What is Transshipment?

September 23, 2022 3079 Read More

A transhipment occurs when there is no direct connection between two ports and the goods have to be stored at an interme

GT new VIP member-Guangzhou Shenhong Juya International Freight Forwarding Co.,Ltd join as GT China

September 22, 2022 3821 Read More

We warmlywelcomeGuangzhou Shenhong Juya International Freight Forwarding Co.,Ltdjoin GT as GTChinaVIP member.VIP ID:4402

The Importance of Sailing Schedules. Why do you need vessel schedules?

September 22, 2022 6963 Read More

The changing schedules of millions of vessels make shipping more difficult for importers and exporters each year. For an

What are the Freight Forwarder Payment terms?

September 22, 2022 6524 Read More

Cash against goodsCash against documentsCash in advanceLetters of credit

Freight rate bonus for carriers leads to 15% hike in Suez Canal fees

September 21, 2022 8141 Read More

Suez Canal Authority (SCA) chairman and MD Ossama Rabiee has announced a 15% hike in canal charges next year.The 15% hik

Why is having visibility over cargo movement necessary?

September 21, 2022 7470 Read More

It gives you the ability to see real-time data for freight movements which enable transportation managers to stay a step

How to calculate Volumetric weight?

September 20, 2022 6781 Read More

A stakeholder is a person or a group who has an interest in a given situation, and who is an active player. A stakeholde

What is the Cargo Booking Process?

September 19, 2022 5209 Read More

Check restrictionsSelect product and serviceMake bookingPrepare cargo and paperworkComplete Air WaybillDrop cargoTrack c

What is the difference between HBL and MBL?

September 16, 2022 5293 Read More

A bill of lading is issued as either a House Bill of Lading or a Master Bill of Lading.A House Bill of lading or else HB

What is an HBL?

September 15, 2022 4905 Read More

A House Bill of Lading or HBL is a document generated by an Ocean Transport Intermediary (OTI) such as a non-vessel oper

Japanese exporters to pay more for long-haul sea freight as exports fade

September 14, 2022 8404 Read More

Japanese shippers have to rely more on transhipments for long-haul sea freight, as mainline operators are making fewer p

50% of freight forwarders want to automate container journey monitoring

September 14, 2022 6090 Read More

According to a recent poll conducted by container logistics tech company Container xChange, 50% of container users ident

What is HAWB?

September 14, 2022 4773 Read More

House airwaybill or HAWB is one of the documents used while shipping goods by air. It is issued and signed by a freight forwarding agent and it serves as an evidence of the terms and conditions as specified by the freight forwarder for carrying the goods.

What is a Bill of Entry?

September 13, 2022 2884 Read More

A bill of entry is a legally binding document filed on or before imported goods arrive by consignees or custom clearance agents. The document is submitted as a part of the customs clearance procedure to the customs department. This submission allows th

What is an AWB and its purpose?

September 12, 2022 3818 Read More

Also known as an Air Consignment Note, AWB or Airway Way Bill is a non-negotiable document that an air carrier issues to

What is a Bill of Lading?

September 10, 2022 5604 Read More

A bill of lading often abbreviated as BOL or B/L is one of the most crucial documents required while shipping goods. It

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