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There are many abbreviated trade terms in international shipping contracts. They describe many related matters, such as the time and place of delivery, the method of payment, the transfer of title to...

The electronic cigarette is a kind of atomizer powered by a rechargeable lithium polymer battery to heat the electronic liquid in the atomized oil tank. The electronic cigarette does not...

Table of ContentsWhat are ex-works in shipping terms (EXW)?What are the advantages of ex-works shipping terms?What are the disadvantages of ex-works shipping terms?What is the Difference Between Free-on-Board and Ex...

An import declaration made for the purpose of obtaining customs clearance by the importer or a customs broker authorized to represent the importer.Depending on the country and the product, additional...

Incoterms differentiate transaction costs and liabilities between buyers and sellers and reflect the most advanced shipping practices.Incoterms deal with issues related to the delivery of products from the seller to...

In international trade transactions, a Certificate of Origin, or CO, is a document issued by the exporter and is the authentication that a product was manufactured in a certain country....