Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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Izmir New Port Unveiling Turkeys Significant Commercial Port

Izmir New Port Unveiling Turkeys Significant Commercial Port

Izmir New Port is an important commercial port located in the Aegean Sea of Turkey, positioned in Izmir Bay. It features modern port facilities with an annual throughput exceeding 5 million tons and a container handling capacity of 70,000 TEUs. The optimization of facilities in the new port area and upcoming expansion projects will further enhance its position within the global maritime network.

07/24/2025 Port Encyclopedia
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Gule Port Lifeline Port Promoting Regional Economic Rise

Gule Port Lifeline Port Promoting Regional Economic Rise

Gule Port, located on Gule Peninsula in Zhangzhou City, is a key base for developing deepwater port economies in China. Its unique geographical location, abundant resources, and focus on industries such as petrochemicals and steel provide new vitality to the regional economy, enhancing commercial circulation and import-export trade. Gule Port will be your ideal choice for success.

07/24/2025 Port Encyclopedia
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Guide to Mastering Doortodoor Freight Quotes for Beginners

Guide to Mastering Doortodoor Freight Quotes for Beginners

This article is designed for freight forwarding beginners, providing a detailed analysis of the components and calculation methods of door-to-door pricing, including origin port, sea/air/land freight, destination port, and other charges. By understanding the calculation methods and precautions for each cost, it helps freight forwarders quickly master door-to-door pricing skills and improve their business level. It covers key elements to consider when quoting door-to-door services, ensuring accuracy and competitiveness in the market.

08/22/2025 Logistics Encyclopedia
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