Different Types of Marine Insurance and Insurance Policies
The subject of Marine Insurance is vast and encompassing; that is why there is a long list of different types…
Trade Guide
What is Marine Insurance?
The term “insurance” can be called “Protection against future loss.” Another official title for insurance in logistics is “marine insurance,”…
What is Demurrage?
As any shipper knows, demurrage is a charge applied to containers left at the port or rail yard longer than…
Top Shipping Companies in Canada
Canadian Shipping Companies are among the bests in the world. A huge part of international transportation engages Northern America; shipping…
5 Essential Notes about: DDP Incoterms (Delivered Duty Paid)
DDP Incoterms means that the seller delivers the goods cleared for import ready for unloading on the means of transport…
5 Essential Notes About: DAP Incoterms (Delivered At Place)
DAP Incoterms means that the seller delivers the goods at the buyer disposal ready for unloading at the named place…
5 Essential Notes about: DAT Incoterms (Delivered At Terminal)
DAT Incoterms means that the seller delivers the goods, once unloaded from the arriving means of transport, placed at the…
5 Essential Notes about: CIF Incoterms (Cost, Insurance & Freight)
CIF Incoterms means that the seller delivers the goods on board of the vessel. In addition to cost and freight…
5 Essential Notes about: CFR Incoterms (Cost and Freight)
CFR Incoterms (Cost and Freight) means that the seller is obliged to deliver the goods onboard of the vessel. The…
5 Essential Notes about: FAS Incoterms (Free Alongside Ship)
FAS Incoterms (Free Alongside Ship) means that the seller must place the goods alongside the ship nominated by the buyer.…