For Importers

CIF (Cost, Insurance, and Freight) and FOB (Free on Board) are two key terms in international shipping. With CIF, the seller covers transport and insurance until the goods arrive at the destination port. With FOB, the buyer takes over costs and risks once the goods are loaded onto the ship. Knowing these terms helps you make better shipping choices. Read More »

Anti-dumping duties are tariffs imposed by governments to protect local industries from foreign companies selling products at unfairly low prices. These duties ensure fair competition by raising the price of these imports. This article explains anti-dumping duties, their importance, how they work, and their global impact. Read More »

The Canton Fair, also known as the China Import and Export Fair, is the largest trade event in China, held biannually in Guangzhou. It provides a platform for global trade, attracting over 200,000 visitors and 20,000 exhibitors. This event is key for networking, sourcing products, and understanding market trends. Read More »

Price dumping in international trade is a strategy where companies sell products in a foreign market at prices lower than in their home country, sometimes even below production costs. While it can help businesses gain market share quickly, it can also harm competition and lead to trade disputes. Understanding its impacts is crucial for navigating global markets. Read More »

CIF (Cost, Insurance, and Freight) simplifies international trade by clearly defining who covers shipping costs and basic insurance. Used mainly for sea transport, CIF reduces disputes by ensuring the seller handles shipping to the destination port, while the buyer assumes risk once goods are loaded. Read More »

International trade can be complex, with various expectations and challenges. The ICC created Incoterms to clarify buyer and seller responsibilities. DAP (Delivered at Place) is one such term. Under DAP, the seller delivers goods to a specified location, and the buyer handles unloading and import duties. This simplifies risk and cost management in shipping. Read More »

Effective load planning can make or break a logistics company. It’s not just about cutting costs but also about ensuring timely and efficient deliveries. In this article, we delve into the numerous benefits of load planning. You’ll gain insights into the responsibilities of a load planner, uncover common issues with traditional methods, and discover practical […] Read More »

Within the freight and logistics industry, intermodal and multimodal terms are frequently used. Both play a crucial role in moving goods using various transportation modes like air, sea, and rail. However, they have distinct management and contractual structures. This article compares intermodal and multimodal transport, helping you choose the best method for your shipping needs. Read More »

The SOLAS VGM is a strict global regulation enforced by the International Marine Organization (IMO). The SOLAS regulations were updated to ensure that shipper’s correctly declare the total verified gross mass of shipping containers ready for export. Read More »

Container stowage planning organizes and allocates space on cargo ships for containers. It ensures efficient loading, maintains balance, and enhances safety. Stowage plans are like blueprints, preventing instability, cargo loss, and delays. They boost operational efficiency, revenue, and safety for shipping companies and ports. Proper stowage is crucial for crew and cargo safety. Read More »