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.
On the eve of COP26 – the biggest climate summit of the year – the world is more focused than ever on reducing carbon emissions, and on the role that individual companies can play in tackling climate change.
South Africa’s Standard Bank has launched a new digital payments partnership with Africa-based fintech Flutterwave. Under the terms of the deal, Standard Bank customers in eight African countries will be… read more →
