International Standard Banking Practice BILL OF LADING Application of UCP 600 Article 20 91. If a credit requires presentation of a bill of lading (“marine”‚ “ocean” or “port-to-port” or similar) covering sea shipment only‚ UCP 600 article 20 is applicable. To comply with UCP 600 article 20‚ a bill of lading must appear to cover a port-to-port shipment but need not be titled “marine bill of lading”‚ “ocean bill of lading”‚ “port-to-port bill of lading” or similar. 92 . Full Set of Originals
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THE MAİN DİFFERENCES BETWEEN CIF AND FOB CONTRACTS UNDER ENGLİSH LAW CIF contract is that when the seller has delivered the goods or provides them afloat. He has to perform the contract by tendering conforming documents to the buyer. The significant feature of a CIF contract is that performance of bargain is to be fulfilled by delivery of documents and not by actual physical delivery of goods by the seller. 1 2 FOB contract can be described as a flexible instrument. Because‚ the buyer has
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BILL O F L ADI NG (2) Shipper / Exporter (5) Document No. SAVANNAH COMMODITIES CO.LTD PLOT 6/8 NYONDO CLOSE INDUSTRIAL AREA‚ BUGOLOBI P.O.BOX 6217‚ KAMPALA 321300001292 (3) Consignee(complete name and address) (7) Forwarding Agent-References (6) Export References ELEGANT TRADE HOLDING RMC‚ 6/F‚ JINLING HAIXIN BULDING‚ NO 666 FUZHOU ROAD‚ HUANGPU DISTRICT‚ SHANGHAI CITY‚ CHINA (4) Notify Party (complete name and address) (8) Point and Country of Origin (for the Merchant＇
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Businesses Decreasing Volume of Passager For Flight Decreasing Volume of Passager For Flight Many Parts and Products from Japan are Delaying to Deliver Many Parts and Products from Japan are Delaying to Deliver Highly Demand on Air Cargo Transportation Highly Demand on Air Cargo Transportation Many Air Transport Service Will be Stopped For a While Many Air Transport Service Will be Stopped For a While Increasing Jet Fuel Price Increasing Jet Fuel Price The Impact The Impact 1.0 Decreasing Volume of
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Prediction of Market in future: Domestic market: VOSCO will still be the biggest shipping company especially in bulk and dry bulk cargo transportation while continuing to develop oil and container shipping International market: VOSCO tend to be more active and concentrate on seaborne trade within Asian Region (such as Korea‚ China‚ Indonesia…) as well as furthering other freight routes all over the world (Africa‚ Europe and America). Motivation why VOSCO want to expand their market to foreign
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Comparison of service quality of TNT express and DHL express with RATER dimensions The quality level of service provided by TNT Express and DHL Express in China could be described within the RATER dimensions of service quality. Samples and numbers are provided below to evaluate the quality of their service. Reliability Based on TNT Express annual report 2011‚ the service quality in that year has achieved an all time high with a 96% on-time delivery performance for the one million daily deliveries
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List of Tables Table 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. Title Chief Shipping Lanes in the World Development of International Sea Borne Trade World Sea Borne Trade in 2008‚ by Country Groups and Types Of Cargo World Fleet Size by Principal Types of Vessels Top Six Countries with the Largest Controlled Fleets (as of January 1‚ 2009) Top 35 Flags of Registration with the Largest Registered Deadweight Tonnage (as of 1 January 2009) Nationality of Top 3 Major
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Cargo Handling Safety 1. Why cargo gear should be inspected visually before the start of cargo operation? All cargo handling gears should be inspected before the cargo operation is commenced to ensure that all gears are in good working condition in order to prevent any accident and/or damage to cargo‚ ship‚ and/or injuries and loss of human lives. 2. Why SWL of equipment should never be exceeded? Safe Working Load (SWL) is the allowable load of block‚ wires‚ ropes‚ derrick booms‚ crane jibs‚ hooks
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is doing - to avoid accident The importance of having the skills of proper cargo handling: Equipment to assist in moving on board cargo. Since Ships pitch & roll to the seas in a storm. They are required to secure the ships cargo from shifting. If this were to happen. The vessel could loose stability‚ & list to one side‚ to possible catastrophic affect. Precautionary measures to be taken when cleaning cargo holds: - the ship is technically fit and prepared to carry the intended types
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dates still retained the appearance of dates‚ and although they were of some value for the purpose of distillation into spirit‚ they were so impregnated with sewage and in such a condition of fermentation that there had been a total loss of cargo. Held ‘The cargo owners’ claim would be successful. Lord Esher MR: ‘We are dealing with dates as a subject-matter of business‚ the nature of thing has been altered. The nature of a thing is not necessarily altered because the thing itself has been damaged
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