Blog
Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.
Resource Library
DDP Incoterms 2020 | Detailed Guide
DDP incoterms is one of the 11 incoterms published by the International Chamber of Commerce (ICC). It stands for Delivery Duty Paid, a terminology allowing flexibility to hold any mode of transport. Also, it lays maximum risk and responsibilities on the seller.
CFR Incoterms (Cost and Freight) - Duties, Obligations & Meaning
CFR incoterms is an ocean-freight specific incoterm under which the exporter or seller is responsible for paying for the transport & the goods. See full duties & responsibilities here.
Container Yard (CY) | A Guide To International Shipping
Container yards are vast spaces, used to accommodate containers before they’re packed with consignments and shipped to the port. The purpose of having a container yard is not to take up too much of the valuable space at the port and create a separate space for their storage and maintenance.
CIF (Cost, Insurance & Freight) Incoterms - Guidelines & Meaning
CIF incoterms is a trading & customs guideline under incoterms 2021 by which the obligation to cover cost of goods, insurance & freight is borne by the exporter. Learn more in detail here.
APEDA's Online Registration Process & Schemes for Agricultural Exports
The Agricultural and Processed Food Products Export Development Authority (APEDA) is an Export Promotion Council founded by Government of India to promote the growth of export of agricultural and processed food products.
Transferable Letter of Credit (LC) | The Complete Flow Chart
A transferable letter of credit (LC) is a credit facility that the first beneficiary can transfer to another party or the second beneficiary. Such a financial guarantee is applicable when the sellers of goods are agents/dealers and are not the suppliers or manufacturers themselves.
Reefer Container | Meaning & The Complete Guide
Reefer container is suitable for cargo that is temperature sensitive and requires refrigeration during the voyage. Considering it, a reefer container can be thought of like a refrigerator that can be taken across the route without spoiling the contents. It is a type of intermodal freight container of a refrigeration system.
House Bill of Lading | Meaning, Format & more
The House Bill of Lading is issued by a Non-Vessel Operating Common Carrier (NVOCC) or a freight forwarder to the supplier post receiving the cargo and inspecting it. The supplier delivers the shipment to the freight forwarder, who inspects the cargo and delivers it to the consignee.