Timecharteringmeansthatthechartererhiresthevesselforaperiodoftimewithoutcrew.
GeneralaverageandsalvagechargesarecoveredbothinFPAandWPAcoverage.
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Insurancecontractisessentiallyacontractbetweenthecarrierandtheinsuredforcargoinsurance.
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Thefigurelike1/10/2007inBritishEnglishwillbeunderstoodasJanuary10,2007.
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Inaircargotransport,eachconsignmentisidentifiedbytheAWBnumber.
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Procurementisconcernedwithpurchasingandarrangingoutboundmovementofmaterials,parts,and/orfinishedinventoryfromsupplierstocustomers.
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Usually,anAirWaybillisnon-negotiable,thatis,thegoodsmustbesenttotheconsigneetitledintheAirWaybill.
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E-commercenotonlyinvolvesexchangesamongcustomers,businesspartnersandvendors,butalsoincludesoperationsthathandledwithinthebusinessitself.
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Fromlegalpointofview,theNotifyPartyontheB/Lisnotthepartyofthecontractofthecarriageofgoodsbysea.
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Theobjectiveininventorystrategyistoachievedesiredcustomerservicewiththeminimuminventorycommitment.
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GeneralCargoRatesarenormallyhigherthanSpecificCommodityRatesinaircargotransportation.