In a Cost and Freight (CFR) transaction, the seller is responsible for delivering the goods to the designated port, loading them onto the vessel, and…
In a Cost and Freight (CFR) transaction, the seller is responsible for delivering the goods to the designated port, loading them onto the vessel, and…
In the world of international trade, selecting the best shipping terms plays a crucial role in optimizing costs, managing risks, and ensuring timely delivery of…
Delivered Duty Unpaid Incoterms play a crucial role in international trade by outlining the responsibilities of buyers and sellers. Among these terms, DDU stands out as…
What is the FAS Incoterm (Free Alongside Ship)? The FAS Incoterm, or Free Alongside Ship Incoterm, is an important term in international shipping contracts. It…
What is FCA Incoterms?FCA (Free Carrier) is an Incoterm that defines the responsibilities of both the seller and buyer in international shipping. Under FCA shipping…
What does DAP Mean in shipping terms?DAP is a shipping term that signifies the seller's responsibility for all costs and risks involved in delivering goods…
Shipping heavy goods can be very stressful. Not only is it challenging to decide how to ship the goods, but it is also costly. Shipping…
Railway transportation has always been a vital element in connecting regions and easing transnational trade. In recent times, China has taken on an ambitious bid…
According to recent World Bank data, merchants in West and Central Asian countries, along with Sub-Saharan African nations, continue to face the highest shipping costs…