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SHIPPING DEPARTMENT
Logistics Management
Cargo Insurance
Transportation charges, freight, freight Payment, freight prepaid, freight collect, shipment control, partial shipments.
part shipment, installment shipments, customs closing date, earliest shipment date, latest shipment date, transit time, last shipment date.
Container capacity, pallets, pallet orientation, palletized cargo, unitizing, unitization, unitized loads, demurrage, loading equipment, inspecting containers, container inspections, dunnage, stowage.
container stowage, chassis, bogie, belt conveyors, roller conveyors, container packings, export corrugated cartons, export wooden cases, export boxes, export bales, container dimensions, import-export packings, import packs.
export packages, import packages, import-export drums, bags, wooden cases, wooden crates, shipping pallets, pallet stowing.
packing orientation, package orientation, TEU, twenty-foot equivalent unit, CBM, cubic measurements, knots, cellular container ships, multimodal transport, combined transport bill of lading, through bill of lading.
Unitizing, unitization, unitized loads, demurrage, loading equipment, inspecting containers, container inspections, dunnage, stowage, container stowage, chassis, bogie, belt conveyors, roller conveyors.
container packings, export corrugated cartons, export wooden cases, export boxes, export bales, container dimensions, import-export packings, import packs.
export packages, import packages, pallets, pallet orientation, palletized cargo, import-export drums, bags, wooden cases, wooden crates, shipping pallets, pallet stowing.
packing orientation, package orientation, TEU, twenty-foot equivalent unit, CBM, cubic measurements, knots, cellular container ships, multimodal transport, combined transport bill of lading, through bill of lading.
Marine insurance, cargo insurance, import-export insurance, insurance coverage, insurance documents, insurance terms, insurance claims, credit risk insurance, credit risks.
insurance policy, insurance cover note, open insurance policy, blanket insurance policy, floating insurance policy, specific insurance policy, voyage insurance policy, strikes riots civil commotions.
inherent vice, jettison, piracy, all risks, A.R., with average, W.A., free of particular average, F.P.A., insurance agency, insurance agents, insurance agencies, insurance certificates, insurance policies.
insurance endorsements, insurance premiums, insurance forms, Institute Cargo Clauses, Institute War Clauses, Institute Strikes Clauses, insurance application-instructions, insurance clauses, contingency insurance.
marine surveyors, adjusters, insurance adjusters, survey certificates, loss certificates, subrogation form, subrogation, particular average claims, general average claims, warehouse clause.
BL, B/L, bill of lading, customs declaration, shipping instructions, ocean bill of lading, marine bill of lading, shipping booking, transport documents, shipping marks.
Waybills, master air waybill, MAWB, HAWB, house air waybills, road waybills, rail waybills, post receipts, courier's receipts, forwarder waybill, freight forwarder's waybill, clean air waybill.
foul air waybill, unclean air waybill, dirty air waybill, claused air waybill, road consignment notes, rail consignment notes, postal receipt, parcel post receipt, certificate of posting, expedited delivery services.
postal shipments, courier shipments, TEU, twenty-foot equivalent unit, knots, cellular container ships, multimodal transport, combined transport bill of lading, through bill of lading, CBM, cubic measurements.
Containers and shipping information such as container dimensions, container capacity, container rating, tare mass, payloads, container tare mass, container payload, general purpose containers, dry cargo containers.
reefers, refrigerated containers, tare weight, tares, container markings, container classifications, half height containers, TEU, twenty-foot equivalent unit, knots, cellular container ships, CBM, cubic measurements.
container services, standard containers, hicube, high cube containers, cargo cubes, global shipping, import-export shipping, logistics, logistics management, logistics supports, shipping space, shipping order, S/O.
shipping permits, shipping notes, dock receipts, master ships, mother ships, feeder vessels, transhipment, transshipment, transit shipment, dead freight, seaports, ports.
freight forwarders, consolidators, freight consolidators, customs brokers, customs forwarders, brokers, customhouse brokers, customs house brokers, voyage, flight.
groupage operators, shipping operators, shipping firms, shipping company, air shipping, ocean shipping, carriers, freight company, transport company, ETA, ETD, ETS.
transportation, transports, ocean shipping company, freight containers, couriers, airlines, tariffs, custom tariffs, shipping dangerous goods, shipping schedules.
air containers, ocean containers, shipping containers, container load, LCL, full container load, FCL, marine insurance, cargo insurance, import-export insurance.
NVOCC, nonvessel operating common carriers, NVO, nonvessel owner carriers, nonvessel owning carriers, ocean freight consolidator, steamship.
Freight Payment ---
Freight Prepaid and Freight Collect
The term freight used here refers to transportation charges. The INCOTERMS (International Commercial Terms) determine whether the shipper or the consignee is responsible for paying the freight.
Shipment Control
Proper control of the date of shipment is very important in the exporting. A delayed shipment may mean losing the order and the customer's trust.
In the sample letter of credit (L/C) the latest shipment is March 19, 2001. The latest negotiation is 15 days after the date of shipment which would be April 3, 2001, but the L/C expires on March 26, 2001. Hence, the latest negotiation date would be March 26, 2001 if the shipment is on March 19, 2001, which means that the UVW Exports must present the documents to The Moon Bank within 7 days after the date of shipment.
- Disregarded Expressions as to the Date for Shipment
- Expressions such as "immediately", "promptly", "as soon as possible" and the like should not be used for shipments. If they are stated in the letter of credit (L/C), the bank will disregard them.
Partial and Installment Shipments
Case Sample:
Non-Partial Shipment
The route of vessel S/S HERMANA voyage No. 8 is from Port A to Port B (both in the seller's country) and then to Port C (in the buyer's country). The transit time between Port A and Port B is 2 days.
If the seller makes two separate shipments, one from Port A and the other from Port B, two days apart under one letter of credit (L/C) to the same buyer at Port C via the same vessel S/S HERMANA voyage No. 8, such case is not a partial shipment. However, the L/C in such shipments must indicate (if for example that the Port A and Port B are in the U.S.A.) "shipment from any U.S. ports to Port C", and neither "shipment from Port A to Port C" nor "shipment from Port B to Port C", otherwise a discrepancy will occur.
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Customs Closing Date
The customs closing date is the last date that the carrier accepts the cargo for shipment in a specified voyage at designated delivery location or closing location---the container terminal or dock.
The exporter must arrange for cargo arrival at the carrier's designated closing location before the cut-off date and time, otherwise he/she may lose the order. The delivery date and location and the customs closing date for the goods are specified in the shipping order (S/O).
The authorized delivery date can be 2 days, including the day before the closing date. In case the cargo arrives at the container terminal or dock earlier than the date specified by the carrier, the vessel may not arrive yet and the carrier may not accept the cargo. The cargo may incur warehousing charges if it is not returned to the shipper.
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