FOB means that the seller delivers when the s pass the ship’s rail at the namedport of discharge .
The CFR term can be used only for sea and inland waterway transport .
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Mate’s receipt is issued by the forwarder to the shipper.
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Loading and unloading costs, bunkers, stores and crew costs are all fixed costs.
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The UCP600 published by the International Chamber of Commerce came intoforce on January 1st, 2007.
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Time chartering means that the charterer hires the vessel for a period of time without crew.
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ICC (C) does not cover risks of war, strike, but covers loss of or damage to cargocaused by earthquake or sinking.
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General average and salvage charges are covered both in FPA and WPA coverage.
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Insurance contract is essentially a contract between the carrier and the insured forcargo insurance.
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The figure like 1/10/2007 in British English will be understood as January 10,2007.
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In air cargo transport, each consignment is identified by the AWB number.