This article discusses the legal significance and importance of the Equipment Transfer Receipt (EIR), detailing its main content and processes as a certificate in the container handover process. The EIR clarifies the rights and responsibilities of the parties involved in the transfer and stipulates costs incurred during the usage period.
This article introduces BIMCO's governance structure, core functions, and its significant role in the shipping industry, including the specific responsibilities of the Board of Directors, Executive Committee, and various professional committees. Since its establishment in 1905, BIMCO has continually evolved to provide efficient and transparent services and support to its members.
This article focuses on the situation where cargo containers are delayed due to inspection, preventing them from being loaded onto the ship on time. It details the specific re-allocation process at Waigaoqiao and Yangshan ports, including applying for a non-loading certificate, canceling the customs declaration form, and modifying port area information. The aim is to help foreign traders cope with unexpected situations and minimize losses caused by cargo delays. It provides a practical guide to navigate the re-allocation procedures in these specific port locations.
This article analyzes the International Convention on Certain Rules Relating to Bills of Lading (Hague Rules), focusing on the liability of carriers and its legal consequences. By interpreting the provisions, it clarifies the responsibilities of carriers and the exemptions from liability, providing clear guidance for the legal relationships related to maritime cargo transportation.
Domestic waterway and railway cargo transportation insurance primarily ensures the safety of goods during transit. This insurance is categorized into basic and comprehensive coverage, addressing responsibilities related to natural disasters, transportation accidents, loading and unloading issues, and cargo damage. The insured amount is typically calculated based on the value of the goods.
This article analyzes the seven key steps in international shipping, tailored for the rapidly evolving e-commerce environment, to help small businesses understand the basic processes of cargo transportation. It covers the roles of participants, physical steps, and documentation steps, emphasizing the clarity of cost responsibilities in contracts to avoid unnecessary costs and delays.
This article discusses the current exchange rate between Swazi Lilangeni (SZL) and US Dollar (USD) along with the factors influencing it. It emphasizes the importance of understanding exchange rates and suggests using online tools to obtain real-time information to optimize fund allocation.
This article analyzes the 'Regulations on Safety Supervision and Management of Maritime Solid Bulk Cargo,' covering key aspects such as legal foundations, corporate safety management systems, comprehensive reporting management, loading and unloading operational standards, and legal responsibilities. The aim is to provide a comprehensive safety guarantee and operational guidelines for the maritime industry.
Bonded warehouses play a crucial role in international trade, classified into public, private, and self-use types, primarily storing goods that have not completed customs procedures. National regulations prohibit the storage of prohibited items in these warehouses, ensuring smooth trade operations and compliance with social responsibilities. Various types of warehouses cater to the diverse needs of businesses.
This guide explores how to effectively manage tariff risks using the International Commercial Terms (Incoterms® 2020). The article analyzes the significance of these rules amidst tariff fluctuations, clarifies the distribution of responsibilities under different terms, and offers practical advice on how to adapt to policy changes, aiming to help businesses optimize their cross-border transactions.
