Shipping Industry Faces Rising Demurrage Costs in Voyage Charters
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
China Enforces Stricter Freight Rules to Curb Overloading Risks
This article introduces key terms in freight logistics, such as single release, single drag, double drag, and double back, explaining their definitions and distinctions. It provides a detailed analysis of these terms in light of the new traffic regulations implemented on September 21, helping readers better understand industry terminology. The article focuses on the reasons for the new regulations, particularly the punitive measures for overloading and their profound impact on freight methods.
Demurrage Period Vs. Detention Period: Analyzing Container Management Strategies in Ocean Freight
This article analyzes the differences between the free storage period and the free container period. By effectively utilizing these terms, transportation costs can be reduced, and operational efficiency can be improved.
Exploring The Nature Of Freight Contracts Between Freight Forwarders And Shippers
The legal relationship between freight forwarders and shippers is complex, with responsibility defined by contract terms and the nature of the agency. There is a need for enhanced understanding and management of these relationships.
Global Express Delivery Faces Weatherrelated Delays Legal Experts Say
The force majeure clause states that delays in international express delivery due to extreme weather are generally not compensable. Sellers need to understand the contract terms and clarify their rights to minimize liability disputes.
Eurasian Development Banks SWIFTBIC Code Explained
This article introduces the SWIFT/BIC code EABRKZKA XXX of the EURASIAN DEVELOPMENT BANK, highlighting its significance in international financial transactions and the advantages of the bank in terms of fund security and transparency.
ASB Bank SWIFT Code Key for International Transfers
This article introduces the SWIFT code ASBBNZ2AFXD for ASB BANK LIMITED, emphasizing the importance of using the correct SWIFT code in international remittances. It also highlights the advantages of this bank in terms of customer service.
Comprehensive Analysis of Bill of Lading Clauses and Risk Management in International Logistics
This article discusses the key information and terms of the bill of lading in international logistics, emphasizing the legal relationship and risk management between carriers and merchants. It clarifies the division of responsibilities to mitigate commercial risks.
SWIFT Codes Ensure Secure International Money Transfers
This article explains how to use the NATIONAL COMMERCIAL BANK's SWIFT code LNCBLYLT115 for international transfers, emphasizing the importance of the SWIFT code in terms of fund security and efficiency. It also offers practical tips for transferring money.
Guide to Secure SWIFT Code Use for Global Transfers
The article discusses how to use the SWIFT code for international remittances safely and efficiently, using the SWIFT code of NATIONAL BANK OF DOMINICA LTD as an example. It emphasizes the importance of transfer accuracy, fees, and banking terms.