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Simplified Trade Finance

  • LCL Shipment (Less than Container load)

    Less than Container Load (LCL) Shipment | Meaning, Process and more

    LCL shipping means a process where the exporters mutually share the container space when the package size is significantly less than the maximum load a container can carry. It is a win-win situation, both for the shipping company as well as the exporters. The shipping company recovers the cost of the container while sharing the box makes transportation inexpensive for the exporters.

  • Vietnam Vs Indian Exports

    Vietnam vs Indian Exports | What India can learn from Vietnam

    After analysing the export data of Vietnam and India, we were able to derive a number of key insights into the relative performance of the two nations, their dominant export industries, and glean some understanding into what this may show for the future. Vietnam's emergence in the last two decades as an electronics assembly and manufacturing hub, coupled with strong government incentives and programmes has allowed the country to rapidly grow this industry to serve as a dominant player in the electronics value chain, all things that India can learn from in the 2020s.

  • Shipper's Letter of Instruction

    Shipper’s Letter of Instruction | Why is it Required in Export, Format & More

    A shipper’s letter of instruction (SLI), also known as the shipper’s export declaration, is an authorization document that is issued by the exporter to its agents or freight forwarders. The SLI document mainly contains details about the shipping terms, allowing the transport company to issue an air waybill or Bill of Lading (BOL) on the exporter’s behalf. It also lays out directions for the carrier on how to handle, store, load and unload the shipment effectively or without any physical damage to the products.

  • Container Freight Station

    Container Freight Station (CFS) | Meaning, Functions and More

    Previously, while loading the smaller shipments, the goods were sorted at the time of onboarding. This process often led to the jumbling of all the goods/products together. However, with the introduction of containerized shipping, goods can be classified and organized before they are onboarded today. The containerized system has transformed how the International Shipping operates by optimizing the process of how shipments are onboarded. 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.

  • Indian Exports

    'Atma Nirbhar' Indian Exports Will Require a Rethink – and a Reset

    Indian exporters need to move away from export promotion schemes to become 'Atma Nirbhar'