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Ocean Bill of Lading | Meaning, Example & More
An Ocean BOL is a legal contract between the shipper and the carrier which acts as a receipt for the mentioned articles that are required to be shipped overseas. When it comes to transporting shipment through international waters, the Ocean Bill of Lading is required.
FAS Incoterms 2026: Free Alongside Ship Explained
In the FAS incoterm, the seller has well-defined instructions for the course of transportation till the port of destination and the buyer seizes responsibility for loading the goods -- and all charges -- after the goods reach the nominated port.
What is a Reefer Container | How Does it Work, Dimensions & Cost
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.
LCL Meaning: Less Than Container Load Explained
Learn everything about LCL shipments including meaning, procedure and cost of LCL shipping and what differentiates it from an FCL shipment.
Your Growth, Our Mission: Reflecting on a Year of Scaling Growth
A look back at Drip Capital’s 2025, scaling AI-driven trade finance, crossing $8B globally, and helping US importers grow with confidence.
Forward Contract | Meaning, Types, Examples & more
A forward contract is a financial derivative that is customized between two parties, wherein a commodity is bought or sold at a predetermined price but on a future date. These contracts are not standardized or regulated by any third-party authority and are considered a type of over the counter (OTC) deal between the two parties.
CFS Container Freight Station | Meaning, Role & Functions
Container Freight Stations (CFS) help in consolidating smaller shipments or Less Container Load (LCL) shipments, hence playing a vital role in the containerized shipping process.
Dunnage | Meaning, Types & Usage in Shipping
Dunnage is a commonly used term by industrial packaging technicians in the shipping industry. While transporting manufactured goods, dunnage is an inexpensive material that helps to load and secure all the items transported by ship, road, or rail.