General average and salvage charges are covered both in FPA and WA coverage.
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International Commercial Terms (International Rules for the Interpretation of Trade Terms) was first published by ICC in 1936.
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In()the bunker is payable by the shipowner.
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() means that the seller delivers the goods, clears for export, to the carrier nominated by the buyer at the named place.
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For consolidated shipments, the freight forwarder may dispatch the consignments of several independent shippers together under one air waybill, known as ().
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() are applicable to any type of commodity, without the restriction of hazardous consignment size.
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For a supply chain to realize the maximum strategic benefit of logistics, the full range of functional work must beintegrated.
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The bill of lading serves as an evidence of the contract of carriage of goods by sea between the().
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When the freight forwarder provides services on behalf of the consignor basis on the CIF trade term, he would perform the tasks of().
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Consolidation can benefit all concerned.For exporters and shippers, they get the benefit of()than they would have normally paid to the carrier.
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The marine bill of lading normally issued by ().
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There are several forms of bills of lading such as straight bill of lading, shipped bill of lading, clean bill of lading and order bill of lading etc.()confirms that the goods are actually loaded on board the vessel.
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A bill of lading, severing as a document of title to the goods, transfers the title to the shipped goods from the consignor to the buyer.
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Since the freight payments are taken care of by the freight forwarder, the carrier doesn′t have to take any ().
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Usually, the straight bill of lading is non-negotiable, that is, the goods must be sent to the consignee named in the bill of lading by the carrier.
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The carrier has to take care of the risk of freight payments by the individual shippers when handling LCL shipments.
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which of the following is not true about the classification of the cantainers?()
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A freight forwarder will do the work of preparing shipping documents, arranging for shipping space and insurance and dealing with customs formalities, in return for a fee.
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The most suitable mode of transport for the goods which have to be moved by a vessel from a port in one country to a port in another country and then by rail to a second port city in the second country is ().
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When one of the original bills of lading being surrendered to the carrier, the others become ().
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