Specialization
Import & Export
The importing and exporting process can be a maze to those unfamiliar with the documentation, shipping procedures and various roles involved in the movement of goods from one country to another. Even for the seasoned importer/exporter, doing it all alone can be a hassle. We are an independent and full service third-party multi-model logistics provider, which offers international freight solutions for businesses large and small. Specializing in containerized sea freight imports and exports across world since we are business partners of reputed network that ensures seamless clearing and forwarding process and shipment expedition. A little help can go a long way to help you get your international business up and running with fewer bumps in the road.
Optimized Logistic
Logistics optimization is finding the most efficient and cost-effective way to plan, organize, and execute the movement of goods and services from one location to another. Each step in the supply chain has its unique characteristics and potential problems, such as inventory levels that are too high or too low to meet customer demands, shipment deliveries being delayed, and damage to products during transport. Logistics optimization focuses on each of these issues, combining technology, data analysis, and other tools to identify the most efficient distribution networks. One potential outcome of logistics optimization is reduced fuel costs as shipments are routed to avoid empty miles.
Tailored Service
Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfilment, logistics network design, inventory control, supply/demand planning and management of third-party logistics services providers. Tailored transportation is nothing but customised transportation of products by using various types of transportation network and modes based on the product and the customer characteristics. Tailored transportation is a tool in the hands of supply chain managers to helps reduce the total costs to the firm. A customer-centric mindset is essential in logistics as the customer is at the heart of operations. Our Understanding and anticipating customer needs, providing excellent customised logistic service.
Intercoms®
What Are Incoterms® 2010?
Incoterms are a set of rules established by the International Chamber of Commerce (ICC) to establish who’s responsible for shipping, insurance and tariffs in a contract between a buyer and a seller. In the simplest terms, Incoterms can reduce confusion between buyers and sellers. By defining eleven different costs in a three-letter designation, the Incoterms rules quickly establish who will pay for what. Incoterms 2010 refer to the issue of transporting products from the seller (exporter) to the buyer (importer). Incoterms also include carrying products, covering the costs of transport itself, insurance costs, cost of risk transfer for the condition of products at various points in the transport process.
What are Incoterms® 2020?
Incoterms® 2020 includes arrangements for carriage with own means of transport in FCA, Delivered at Place (DAP), Delivered at Place Unloaded (DPU), and Delivered Duty Paid (DDP). ... Incoterms® 2020 includes security-related requirements within carriage obligations and costs.
Incoterms® 2010 and 2020
The International Chamber of Commerce (ICC) reviews and updates the Incoterms® rules every ten years – the previous edition was published in 2010. It responds to concerns raised by users of Incoterms and to changes in the market to ensure the terms are relevant and suitable to both domestic and global trade. The changes made in this latest edition – the ICC’s Incoterms® 2020 – address, amongst other things, increased security requirements, improved clarity on cost allocation as well as tackling insurance concerns. A common question from trade professionals is whether contracts referring to previous versions of Incoterms® rules are valid. The answer is simple: each contract is governed by the version of Incoterms® rules that was referred to in that contract. If the contract referred only to Incoterms® rules but not to a specific year, then the Incoterms® rules version in force at that time of contracting would most likely be applied in the event of a dispute. Best practice is always to refer to the most recent revision, e.g. Incoterms® 2020.
Incoterms® mean in shipping
In the world of shipping, there is no legal obligation to use incoterms, but they clearly establish the ‘point of delivery’ within a contract, helping avoid any confusion or misunderstanding in regards to both buyer and seller responsibilities and costs associated with worldwide trade.
The incoterms rules feature abbreviations for terms, like FOB (“Free on Board”), DAP (“Delivered at Place”) EXW (“Ex Works”), CIP (“Carriage and Insurance Paid To”), which have very precise meanings for the sale of goods around the world.
E, F, C and D groups of Incoterms®
These categories are determined by the delivery locations and who is responsible for covering the cost of each part of the journey. The groups are then split into sub-categories which refer to various scenarios. There are 11 Incoterms in total, each consisting of a three digit code.
Seven Incoterms of these are applicable terms for transportation via any mode of transport
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EXW (Ex Works)
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FCA (Free Carrier)
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CPT (Carriage Paid To)
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CIP (Carriage and Insurance Paid)
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DPU (Delivered at Place Unloaded)
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DAP (Delivered at Place)
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DDP (Delivered Duty Paid)
Four Intercoms are specific to trade conducted by Sea and Inland
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FAS (Free Alongside Ship)
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FOB (Free On Board)
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CFR (Cost and Freight)
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CIF (Cost, Insurance and Freight
Freight Documentation
Loss Bill of Lading?
Freight Documentation
Our aim is to simplify the freight documentation process, guiding you through any cargo specific requirements while avoiding errors, resubmission fees and potential shipment delays.
What Is Bill of Lading ?
When it comes to international trade, an original bill of lading is one of the most important documents for shippers and consignees. Issued by a carrier, it specifies consignment title and is used to guarantee receipt of goods for importers and payment for exporters. Sometimes abbreviated as B/L or BoL, a bill of lading is a legal document that additionally catalogues contract terms and conditions for the sale and purchase of merchandise.
Lost, Destroyed, Damaged or Stolen ?
An original bill of lading facilitates delivery of goods to the consignee at the destination port. Should the document be lost, destroyed or stolen, there are ways to resolve - though prevention is better than cure. For anyone unfortunate enough to experience the distress of losing the original bill of lading, their consignment may be liable for additional fees and charges (i.e. detention, demurrage, bank guarantee, etc.).
What To Do ?
Whether it is a simple case of misfiling or the result of something more sinister (i.e. stolen), there are some steps you can take to resolve a missing original bill of lading.
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If lost in transit, use your courier reference number to track the documents. This will pinpoint the location of your mail and if it was signed upon receipt.
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Contact your freight forwarder to inform them of the loss. Their thorough industry knowledge and experience will be an invaluable resource throughout.
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Subject to the carrier's policy, some international transporters may still accept a bill of lading if one of a set of three is missing.
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Lending institutions can provide a letter of indemnity, indemnifying carriers (if approved) from liability for the release of goods to the consignee. In such instances, the original bill of lading must be returned to the carrier if found.
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There are other ways to complete cargo delivery if a bill of lading is missing. Speak to your carrier or freight forwarder for more information.
Safeguard
Tips and advice to help you protect your original bill of lading from loss.
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Before the original bill of lading is produced, carriers issue drafts to shippers which can be amended and refined. While such copies won't be legally admissible, filing these documents is wise as they contain important consignment information which can be referenced later if required.
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Carriers typically issue a set of three original bill of ladings. It is prudent for shippers to retain any excess copies if not required by third-parties and the consignee.
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When issued, the shipper should double-check to ensure they have received all original copies.
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Use a reputable courier to send documents which offers tracking and 'signature required' services.
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If terms of sale allow, utilize telex release services which are available through either the carrier or your freight forwarder