Trade Finance Global spoke to Chris Southworth, Secretary General of the ICC United Kingdom, and Lesley Batchelor OBE, Director General at the Institute of Export and International Trade about Incoterms® 2020 and what this means for businesses in the United Kingdom
Incoterms 2020 are now live. DAT has changed to DPU, insurance points are clarified on C-terms, transport security is now well defined, own transport is accounted for, changes to FCA/FOB regarding Bills of Lading…
Even though shipping and containerised shipments have been happening for a long time, there is still a lack of basic understanding of the weights used in a container, transport requirements… read more →
We spoke to Hariesh Manaadiar, author of Shipping and Freight Resource on Bills of Lading. It’s important to remember that Commercial/trade information may be important to a buyer or a seller,… read more →
The shipping industry is quite unique in the way it interacts with the global economy. On the one hand, shipping technologies have greatly influenced the way the world has developed… read more →
DAP (Delivered at Place) is one of the most popular Incoterms used in Europe, it is also one of the most popular used for e-commerce. Learn how to use it… read more →
We all lead a digital lifestyle – we snap and share photos on Instagram, order a car on Uber, shop on Amazon, and at work use a variety of cloud-based… read more →
We spoke to Johnatas Montezuma, a shipping expert and specialist in complex supply chain solutions for some useful incoterms and shipping suggestions for first time exporters. A supply chain expert… read more →
A Guide to Shipping Terms and Incoterms It is important to have an understanding of cost and freight (CFR), cost, insurance and freight (CIF) and Free on board (FOB). There… read more →