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Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.
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Terminal Handling Charges (THC): Meaning, Calculation, and Examples
Authorities at the port terminals charge a specific amount for their services when goods reach their site. These expenses are known as THCs. The services include loading and unloading, storage, movement, and maintenance of the shipment.
What Is An Inspection Certificate | Types, Purpose & More
An inspection certificate is a vital trade document required for importing specific consumer goods.The document is a crucial component in international trade transactions.
What Are Smaller Sized Shipping Containers? Everything You Need to Know
The International Organization for Standardization governs the sizes and dimensions of shipping containers. This standardization of container sizes ensures that the goods are transported safely across the globe by truck, rail, or ship. The most popular shipping container size is the 20ft shipping container. But for businesses with limited shipping and storage needs, smaller sized containers are also available.
What Are High Cube Containers in Shipping? Meaning, Types & Uses
Maritime shipping has witnessed a steady growth between 1980 and 2020 with over 1.5 billion tons of cargo being transported in 2020 alone. Shippers prefer containerization as the most efficient and cost-effective means to load cargo at the departure and unload them at the destination.
What is 40 feet container? Sizes & Capacity of 40ft Containers
40ft shipping containers are among the largest standard-sized containers available for storing and transporting goods across the globe. These containers' storage volume and versatility make them a staple of international trade. The dimensions of these shipping containers are measured uniformly in international trade using the imperial system (in feet and inches).
Different Types of Customs Duty in India - Complete List
Custom duty is a tax imposed by a federal or central government on goods and services when they cross international borders. Customs duty can be charged both on exports as well as imports and they're referred to as export duty and import duty respectively.
![Incoterms 2020 [Full List] - Delivery Terms, Meaning & More](https://images.ctfassets.net/vkoe68wv76dt/3R9ie3SmbGw44DBbAx1cIW/31dac23e4e3fbfef3fca99b1b7cfe48b/What_are_Incoterms_2020_-_A_quick_guide_to_Incoterms_in_International_Trade__1_.png?w=264&q=65&fm=webp)
Incoterms 2020 [Full List] - Delivery Terms, Meaning & More
This article covers all the incoterms introduced by the ICC in international shipping and covers freight, insurance & delivery duties & responsibilities of the parties.
What is MEIS? Everything about Merchandise Export Incentive Scheme in India
MEIS stands for Merchandise Exports from India Scheme. It was designed to encourage exporters by providing them with rewards to compensate for infrastructural inefficiencies and other associated costs.