What are the “goods” in the Incoterms 2020 rules? Rules A1, A8 and A2 explained, by Shipping Expert, Bob Ronai, with respect to the FCA and DPU Incoterms Rules
Delivery of the goods is “not unloaded” by the seller at the destination place. There is therefore a problem with DAP Rail Terminal.
Let’s look at the concept of “delivery” in EXW Incoterms 2020. The buyer must carry out export formalities, which can be problematic, but are there other potential problems that the rule does not explain?
A new alliance aimed at standardising electronic bills of lading has been formed by several leading institutions in trade, banking, shipping, and freight forwarding. Effective as of today, the Digital… read more →
It is important to understand that for the FCA rule “delivery” does not equal “shipment.” Bob Ronai discusses FCA Incoterms Rules
Why do the Incoterms 2020 rules not deal with VGM (Verified Gross Mass of Containers?) There are several reasons…
As the clocks struck midnight, we looked back at over 700 articles, handpicking our favourite stories that made the headlines in 2021
It has, once again, been a tumultuous year for global trade and finance. Here we reflect on our most popular topics, hottest headlines, and key themes of 2021.
A new study has found that lowering domestic red tape in services trade could save an annual $150 billion globally. The study, published on Friday by the Organisation for Economic… read more →
For the Maritime and Port Authority of Singapore (MPA), the establishment of the Global Centre for Maritime Decarbonisation in August this year was yet another milestone in enhancing Singapore’s status as an international shipping hub.
