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Showing posts from July, 2019

Ocean Freight Rates

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                                        Ocean Freight Rates Ocean freight rates are key in international trade. Their fluctuations are prone to lot of factors. To list few. Demand and supply: Container inventory at respective location. Fuel cost Sanctions and trade conflicts Exports / Imports from a port based industrial houses are more prone to ocean freight fluctuations compared to the ones which are more inland. Inland ones still have road / rail transport cost to deal with so overall fluctuations in their logistics cost is minimum. This is basis an assumption that product exported from inland location and product from the ports vicinity are not the same type. Depending on the volume of cargo an exporter or importer can negotiate the ocean freight charges with the carrier. If his volumes are not good enough then he can also approach a freight forwarder who may ha...

Ocean Freight Company

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\                                         Ocean Freight Company There are thousands of ocean freight companies out there serving millions of exporters / importers worldwide to turn the wheel of this international trade. The contribution of Ocean freight companies to the international trade is immense. In last few years Technology has finally moved into shipping and now more and more modes of transport are being covered under technology umbrella. No matter what name you give them such as Digital freight forwarding , E freight forwarding, freight marketplace etc, they still can't replace that Relationship based selling. Exporters/importers still need that human touch who can guide them on the shipment process. Technology can make the business of freight buying and selling efficient but can not replace the human part of freight forwarding. Ocean freight companies are investing...

Name Place Must Be Defined

                                                      Name Place Must Be Defined An important thing that buyers and sellers must have in their mind while framing the contact is to define the named place. The named place must be correctly defined in the contract. The correct format of defining a name place in the contract is that the name place must follow the three letter abbreviation of the incoterm. For instance DDP Shenzen Yantian DDT. Here DDT and DDP are the incoterms and Shenzen Yantian is the named place. Also be very accurate while defining your named location. As many of the larger cities have several terminals and those terminals have several drop-off points this could lead to confusion. So be precise while defining your location. Use a port code guide if you are not sure of the accuracy of the location. KNOW MORE ABOUT-https://www.tronsl...

Marine Legal Assistance

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                                           Marine Legal Assistance In todays business transactions the importance of contracts and the legal terms cant be ignored. A small error in understanding of the contracts which shipper , exporter , trader enters into can have cascading effect if something turns bad. To facilitate a quick redressal to your such queries, we have tied up with leading Attorneys and legal advisors. Just go through the relevant service you need and hit schedule call back. You will receive a call back at your convinient time to understand your requirement in more detail. Accordingly we will schedule an appointment with the concerned legal expert. Fees ? It depends on case to case basis as requirements may not be same for all your needs. We can assure quality and economical price so just enjoy this service and run your business efficient. READ MORE- ...

Marine Insurance

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                                                  Marine Insurance Even though the air, road, and rail transports have advanced significantly these days, but the sea is still the most preferred mode of trade-related transport. In modern days as well the international trade is largely dependent on ships. As we all know sea routes are more exposed to the risks than rail, road, and air. Risks like collision, bad weather, etc. are very common with ships. All these hazards have given a rise to the requirement for the marine insurance. Marine insurance is a type of insurance that not only covers the ships against damage or loss, but also the cargo contained and being transported in it. What is Marine Insurance? Marine insurance offers coverage in case of damage or loss of cargo, ships, terminals, and any transport by which any property is acquired, trans...