Shipup Magazine https://www.shipup-tracking.net/blog Technological supply chain Tue, 23 Jul 2019 13:42:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.9 6 New Shipping Line Tracking on Shipup https://www.shipup-tracking.net/blog/en/6-new-shipping-line-tracking-on-shipup/ https://www.shipup-tracking.net/blog/en/6-new-shipping-line-tracking-on-shipup/#respond Wed, 24 Jul 2019 18:00:24 +0000 https://www.shipup-tracking.net/blog/?p=387 We are so proud to announce that 6 new shipping line tracking was added on Shipup. From now you can track any shipment carried by 13 biggest shipping lines in the world. Since the begging, we’ve continuously added tracking for lines with more request and market share. Today we have lunched container tracking for 6 new shipping lines as below:  Hapag tracking for Hapag lloyd shipping companyOne tracking for Ocean Network Express shipping companyOOCL tracking for Orient Overseas Container LineAPL tracking for American President LineHamburg Sud tracking for Hamburg Sud Shipping CompanySafmarine tracking for Safmarine shipping Company Hapag-Lloyd Shipping Line...

نوشته 6 New Shipping Line Tracking on Shipup اولین بار در Shipup Magazine. پدیدار شد.

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We are so proud to announce that 6 new shipping line tracking was added on Shipup. From now you can track any shipment carried by 13 biggest shipping lines in the world.

Since the begging, we’ve continuously added tracking for lines with more request and market share. Today we have lunched container tracking for 6 new shipping lines as below: 

Hapag tracking for Hapag lloyd shipping company
One tracking for Ocean Network Express shipping company
OOCL tracking for Orient Overseas Container Line
APL tracking for American President Line
Hamburg Sud tracking for Hamburg Sud Shipping Company
Safmarine tracking for Safmarine shipping Company

Hapag-Lloyd Shipping Line

Hapag-Lloyd Tracking

Hapag-Lloyd offers a fleet with a total capacity of 1.6 Million TEU, as well as a container stock of more than 2.5 million TEU including one of the world’s largest and most modern reefer container fleets. A total of 118 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents.

See: Hapag-Lloyd tracking

Ocean Network Express Line

ONE Tracking

Ocean Network Express was established on July 7, 2017 by the integration of ‘K’ Line, MOL shipping line and NYK shipping lines.
ONE line fleet size will be 1,440,000 TEU which is the 6th largest in the world (as of June 2017). Operations will be performed through a fleet of 240 vessels, including 31 super-large ships, such as world largest 20,000TEU container-ships, in a service network covering over 90 countries around the world.

Ocean Network Express was established on July 7, 2017 by the integration of ‘K’ Line, MOL shipping line and NYK shipping lines.
ONE line fleet size will be 1,440,000 TEU which is the 6th largest in the world (as of June 2017). Operations will be performed through a fleet of 240 vessels, including 31 super-large ships, such as world largest 20,000TEU container-ships, in a service network covering over 90 countries around the world.

See: ONE tracking

Orient Overseas Container Line

OOCL Tracking

OOCL is a large integrated international container transportation, logistics and terminal company with offices in 70 countries. OOCL has 59 vessels of different classes, with capacity varying from 2,992 (TEU) to 21,413 TEU, including two ice-class vessels for extreme weather conditions.

See: OOCL tracking

Amerrican President Line

APL Tracking

APL, one of the world’s leading ocean carriers, offers more than 120 weekly services and call ports in over 70 countries worldwide.
APL is part of the CMA CGM Group, a leading worldwide shipping group founded in 1978 by Jacques R. Saadé. CMA CGM has a global presence thanks to its numerous vessels calling various ports all over the world.

See: APL tracking

Hamburg Sud Line Tracking

Hamburg Sud Tracking

Hamburg Süd ranks among the ten largest container shipping brands worldwide and is part of Maersk Line, the world’s largest container shipping company.
The Hamburg Süd Group transported a cargo volume of 4,395,000 TEU in 2016. This was not merely dry container cargo but also general bulk, refrigerated cargo, and dangerous goods. Our slot capacity comes to 590,000 TEU.

See: Hamburg Sud tracking

Safmarine Shipping Line Tracking

Safmarine Tracking

Safmarine is an international container carrier focused on trade to and from emerging markets in Africa and West Central Asia. Founded in 1946 in South Africa, Safmarine has always had strong ties to Africa, its energy, people and vibrant culture.

See: Safmarine tracking

Other Shipping Lines Tracking on Shipup

Previous line tracking on shipup are Maersk tracking, MSC tracking, CMA CGM tracking, COSCO tracking, Yang Ming tracking, Hyundai tracking and PIL tracking.


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Maersk Vessel Tracking by Shipup Tracking https://www.shipup-tracking.net/blog/en/maersk-vessel-tracking-by-shipup-tracking/ https://www.shipup-tracking.net/blog/en/maersk-vessel-tracking-by-shipup-tracking/#respond Wed, 14 Nov 2018 12:30:01 +0000 https://www.shipup-tracking.net/blog/?p=339 Maersk line is the biggest shipping company in the world and owns more than 600 vessels. Every day they carry millions of Tons of cargo all over the world. As a simple example a container ship may carry more than 10,000 TEU containers. More than 1,000 companies are waiting for just a vessel to arrive in different locations. Here is why people are seeking about Maersk vessel tracking. People want to know where is their shipment and when will it arrive. Maersk line is a container shipping company in other words the type of it’s vessels are container ship. So...

نوشته Maersk Vessel Tracking by Shipup Tracking اولین بار در Shipup Magazine. پدیدار شد.

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Maersk line is the biggest shipping company in the world and owns more than 600 vessels. Every day they carry millions of Tons of cargo all over the world. As a simple example a container ship may carry more than 10,000 TEU containers. More than 1,000 companies are waiting for just a vessel to arrive in different locations. Here is why people are seeking about Maersk vessel tracking. People want to know where is their shipment and when will it arrive.

Maersk line is a container shipping company in other words the type of it’s vessels are container ship. So when users look for Maersk vessel tracking they are looking for their containerized shipment if it is loaded on board. Here you can use container tracking to check your shipment status and situation.

Why use Shipup tracking for Maersk vessel tracking?

In order to find the location and arrival time of your shipment you track Maersk vessel. The vessel name will be available on Bill of loading if the service is direct not transshipment. But actually lots of shipment are handled by transshipment services. In these services vessel changes in special ports and your shipment loaded on another vessel. To find that vessel you have to use container tracking. After this you have to check the vessel tracking again.

Shipup tracking have made this as easy as possible. In order to track your shipment, if you use shipup maersk container tracking, you are using maersk vessel tracking at the same time. It is integrated in container tracking. if the shipment is loaded on board the vessel location and position will be shown on world map. Not only for maersk shipping line, this is working for most of shipping line on Shipup, so all tracking at one place.

How to use Shipup tracking for other liner companies?

Integrated container tracking is available for most of the main shipping lines on shipup. MSC tracking, CMA CGM tracking, PIL tracking, Hyundai tracking, COSCO tracking and Yang Ming tracking are working integrated with vessel tracking on Shipup. Other shipping line are in pipeline to be added to Shipup tracking soon. For example tracking for One shipping line which is merged company of NYK shipping line, K line Shipping line and MOL shipping line will be launch soon in coming day.

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How to use Maersk container for tracking on Shipup? https://www.shipup-tracking.net/blog/en/how-to-use-maersk-container-for-tracking/ https://www.shipup-tracking.net/blog/en/how-to-use-maersk-container-for-tracking/#respond Wed, 07 Nov 2018 12:30:50 +0000 https://www.shipup-tracking.net/blog/?p=337 In order to track a shipment you can use container number for example Maersk container numbers: MSKU0126817. Container numbers are unique all over the world. If you do not access to Master Bill of lading (MBL) of your shipment it is highly recommended to use container number to track. When you are using container numbers you must know the shipping line to visit its tracking page unless you use Shipup Container Tracking. To track your maersk container, you can use Maersk Contaienr Tracking page on Shipup.What if are not sure about the shipping line? Does this container belong to Maersk...

نوشته How to use Maersk container for tracking on Shipup? اولین بار در Shipup Magazine. پدیدار شد.

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In order to track a shipment you can use container number for example Maersk container numbers: MSKU0126817. Container numbers are unique all over the world. If you do not access to Master Bill of lading (MBL) of your shipment it is highly recommended to use container number to track. When you are using container numbers you must know the shipping line to visit its tracking page unless you use Shipup Container Tracking.

To track your maersk container, you can use Maersk Contaienr Tracking page on Shipup.What if are not sure about the shipping line? Does this container belong to Maersk Line? Here is where Shipup Container Tracking helps.

Using Shipup Maersk Tracking,  if your container is owned by Maersk Line, the shipping line will be selected automatically. But if you are not using Shipup Tracking you can guess the shipping line as explained below.

Maersk Container Owned By Maersk Line

If you container if owned by Maersk line, your container prefix is exclusively owned by Maersk line too. Many of these prefixes are well known and easy to guess the Maersk like: MSKU, MRKU or MRSU . As there are many prefixes owned by Maersk line it is highly recommended to use Shipup Maersk Tracking. Not only Maersk line, this is applicable to other shipping line as well. Automated line detection is working for MSC tracking, CMA CGM tracking, PIL tracking, Hyundai Tracking, Yang Ming Tracking and other shipping lines on Shipup Tracking.

Maersk Container leased from Container Leasing Comanies

If your Maersk container is owned by a leasing company like SeaCube Container Leasing, you can not guess the shipping line using the prefix. So you must know the shipping line although it is not straightforward when you don’t have the MBL. Here is another time that Shipup Maersk tracking helps you. On Shipup once a container is tracked successfully, no one else needs to know the shipping line of that container. Shipup will remind it as well. Fortunately Maersk line use few leased container in its fleet.

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Maersk Tracking by Shipup Online Tracking https://www.shipup-tracking.net/blog/en/maersk-tracking-by-shipup-online-tracking/ https://www.shipup-tracking.net/blog/en/maersk-tracking-by-shipup-online-tracking/#respond Mon, 29 Oct 2018 12:30:56 +0000 https://www.shipup-tracking.net/blog/?p=329 In order to track your shipment status, you only need a device connected to internet. Online tracking for sea shipments is available as free service on Shipup Tracking. Maersk tracking as the biggest shipping line tracking is included in Shipup tracking. Maersk line also provide this service as well but you will receive more features using shipup maersk tracking. Maersk Tracking by Vessel One of the main features of shipup container tracking is integration of vessel location and container situation online. In addition to your shipment details and container movements you can check the vessel current location on the world...

نوشته Maersk Tracking by Shipup Online Tracking اولین بار در Shipup Magazine. پدیدار شد.

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In order to track your shipment status, you only need a device connected to internet. Online tracking for sea shipments is available as free service on Shipup Tracking. Maersk tracking as the biggest shipping line tracking is included in Shipup tracking. Maersk line also provide this service as well but you will receive more features using shipup maersk tracking.

Maersk Tracking by Vessel

One of the main features of shipup container tracking is integration of vessel location and container situation online. In addition to your shipment details and container movements you can check the vessel current location on the world map. In other words, using shipup tracking you are using both maersk container tracking and maersk vessel tracking at the same time. This service is real time, fast and accurate.

Maersk Container Tracking with Email Alerts and Notification

While you are using maersk tracking for container, shipup alert button is at the top of the container details. Using shipup alert service, shipment tracking reports is proactively in your inbox. You are always aware of the shipment status and location. You receive all event notifications, timely notifications and status, arrival or schedule changes notification. This proactive alerts help you plan your logistics more wisely. Check our plans and pricing for Alert Service and use our free trial if you have any shipment in process now.

Online Support

When you are tracking on shipup, at the right bottom of the page, online chat is for your questions.  When the online tracking is not enough ask shipup support team to help you for your maersk tracking issue.

 

In addition to maersk line, others tracking are available on shipup like: MSC tracking, CMA CGM tracking, Hyundai tracking, PIL tracking and so on. All of your tracking needs are integrated at one place.

Hope we can serve you with our services for your shipment soon.

 

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5 Essential Notes about: DDP Incoterms (Delivered Duty Paid) https://www.shipup-tracking.net/blog/en/5-essential-notes-about-ddp-incoterms/ https://www.shipup-tracking.net/blog/en/5-essential-notes-about-ddp-incoterms/#respond Mon, 22 Oct 2018 11:30:26 +0000 https://www.shipup-tracking.net/blog/?p=323 DDP Incoterms means that the seller delivers the goods cleared for import ready for unloading on the means of transport at the named place of destination. Under this term the seller bears all the risk and cost up to the named place of destination. The seller arrange all the task and the entire shipment to deliver the goods to the buyer. 1. Is the DDP Incoterms useful in all over the world? – In some countries only the importer companies can clear the goods for import. In such countries freight forwarders can not do custom clearance. The seller to this...

نوشته 5 Essential Notes about: DDP Incoterms (Delivered Duty Paid) اولین بار در Shipup Magazine. پدیدار شد.

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DDP Incoterms means that the seller delivers the goods cleared for import ready for unloading on the means of transport at the named place of destination. Under this term the seller bears all the risk and cost up to the named place of destination. The seller arrange all the task and the entire shipment to deliver the goods to the buyer.

1. Is the DDP Incoterms useful in all over the world?

– In some countries only the importer companies can clear the goods for import. In such countries freight forwarders can not do custom clearance. The seller to this countries will face many problems for custom clearance under DDP Incoterms. It is recommended to use the DAP Incoterms term instead.

2. Which party is responsible for unloading the goods from the means of transport under DDP Incoterms?

– The buyer is only responsible for unloading the goods from the arriving means of transport at the named place of destination. The seller arrange the entire shipment and deliver the goods ready for unloading to the buyer.

3. Which costs are advisable to be excluded from the seller account under DDP incoterms?

– It may be advisable to exclude the payment of any charges relating to the “internal” fiscal system in the country of import (such as VAT levied upon import) from the seller’s obligation to pay. The charges intended to be excluded should then be identified in conjunction with the DDP term in the contract of sale, for example, by using a phrase such as “DDP VAT unpaid”.

4. What are the consequences of buyer’s failure to give notice?

– While the seller under EXW and all D-terms can transfer the risk by his own act of placing the goods at the buyer’s disposal, he may be prevented from doing so by the buyer’s failure to give notice.
– The buyer must give the seller sufficient notice about the time within an agreed period and/or the point of taking delivery within the named place of destination.
– The failure to perform these tasks results in a premature passing of the risk: it is not acceptable that the buyer should be able to delay the delivery and the passing of the risk longer than contemplated when the contract of sale was made. Therefore, his failure to notify will cause the risk to pass “from the agreed date or the expiry date of the agreed period for delivery”

5. What is the difference between importing under DDP Incoterms or domestic sourcing?

– When you get a quotation based on DDP term you can find the total cost of a product from the factory floor to your door. Accordingly you can evaluate whether to source domestically or import.

To read the full obligation of the seller and the buyer in DDP Incoterms read the book “ICC Guide to Incoterms 2010”

Other useful links:
Free On Board (FOB) Incoterms
Free Carrier (FCA) Incoterms
Ex Works (EXW) Incoterms
CPT Incoterms (Carriage Paid To)
CIP Incoterms (Carriage and Insurance Paid To)
CFR Incoterms (Cost and Freight)
CIF Incoterms (Cost, Insurance and Freight)
FAS Incoterms (Free Alongside Ship)
DAT Incoterms (Delivered At Terminal)
Incoterms: Shipping Guide Every Trader Must Know

نوشته 5 Essential Notes about: DDP Incoterms (Delivered Duty Paid) اولین بار در Shipup Magazine. پدیدار شد.

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5 Essential Notes About: DAP Incoterms (Delivered At Place) https://www.shipup-tracking.net/blog/en/5-essential-notes-about-dap-incoterms/ https://www.shipup-tracking.net/blog/en/5-essential-notes-about-dap-incoterms/#respond Mon, 01 Oct 2018 11:30:21 +0000 https://www.shipup-tracking.net/blog/?p=321 DAP Incoterms means that the seller delivers the goods at the buyer disposal ready for unloading at the named place of destination. The seller is responsible and liable for any cost and risk up to the named place of delivery. The buyer must take the responsibility from that point onward. 1. Who is responsible for unloading the goods from arriving vehicle at the named place of destination? – Under DAP Incoterms the buyer is responsible and pays for unloading the goods at the named place of destination. Under DAT Incoterms the seller is responsible and liable for unloading the goods...

نوشته 5 Essential Notes About: DAP Incoterms (Delivered At Place) اولین بار در Shipup Magazine. پدیدار شد.

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DAP Incoterms means that the seller delivers the goods at the buyer disposal ready for unloading at the named place of destination. The seller is responsible and liable for any cost and risk up to the named place of delivery. The buyer must take the responsibility from that point onward.

1. Who is responsible for unloading the goods from arriving vehicle at the named place of destination?

– Under DAP Incoterms the buyer is responsible and pays for unloading the goods at the named place of destination. Under DAT Incoterms the seller is responsible and liable for unloading the goods at the named terminal.

2. When to use the DAP Incoterms?

– Under this term the seller must take most of the risk of the shipment. As a seller to secure a high potential it is recommended to use this term in the first contracts. As a buyer it is recommended to use this term when there is a high risk in purchasing from a new supplier.

3. Must the seller arrange the import custom formalities in the import country under DAP Incoterms?

– Under this term the seller arrange every step except the import custom formalities. The seller almost does every task in import country up to the named place of delivery except the custom clearance.

4. What is the diferences between DAT and DAP Incoterms?

– There is two main differences. One is that in DAT the goods must be delivered at named terminal while in DAP at the name place of destination not terminal. The second difference is the unloading charges. If the terminal is selected as the named place, DAP is exactly the same as DAT, excepting the seller pays for unloading. the

5. Why EXW Incoterms and D-terms are like each other in delivery?

– The seller transfer the risk by placing the goods at the buyer’s disposal under EXW and all D-terms. It is highly important that the both parties well specify the time and point for delivery in place of destination.

 

To read the full obligation of the seller and the buyer in DAP Incoterms read the book “ICC Guide to Incoterms 2010”

Other useful links:
Free On Board (FOB) Incoterms
Free Carrier (FCA) Incoterms
Ex Works (EXW) Incoterms
CPT Incoterms (Carriage Paid To)
CIP Incoterms (Carriage and Insurance Paid To)
CFR Incoterms (Cost and Freight)
CIF Incoterms (Cost, Insurance and Freight)
FAS Incoterms (Free Alongside Ship)
DAT Incoterms (Delivered At Terminal)
Incoterms: Shipping Guide Every Trader Must Know

 

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5 Essential Notes about: DAT Incoterms (Delivered At Terminal) https://www.shipup-tracking.net/blog/en/5-essential-notes-about-dat-incoterms/ https://www.shipup-tracking.net/blog/en/5-essential-notes-about-dat-incoterms/#respond Wed, 26 Sep 2018 11:30:03 +0000 https://www.shipup-tracking.net/blog/?p=313 DAT Incoterms means that the seller delivers the goods, once unloaded from the arriving means of transport, placed at the disposal of the buyer at a named terminal at the named port or place of destination. “Terminal” includes any place, whether covered or not, such as a quay, warehouse, container yard or road, rail or air cargo terminal. 1. Which party must arrange the carriage under DAT Incoterms? – The seller must contract for the carriage up to the named terminal or agreed place of destination. The seller bears all risks involved in bringing the goods to and unloading them...

نوشته 5 Essential Notes about: DAT Incoterms (Delivered At Terminal) اولین بار در Shipup Magazine. پدیدار شد.

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DAT Incoterms means that the seller delivers the goods, once unloaded from the arriving means of transport, placed at the disposal of the buyer at a named terminal at the named port or place of destination. “Terminal” includes any place, whether covered or not, such as a quay, warehouse, container yard or road, rail or air cargo terminal.

1. Which party must arrange the carriage under DAT Incoterms?

– The seller must contract for the carriage up to the named terminal or agreed place of destination. The seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port or place of destination.

2. Which party is responsible for unloading the goods at the named place of destination under DAT Incoterms?

– The seller is responsible for unloading the goods at the named terminal or agreed place of destination. After unloading, all the risks and costs transfers to the buyer account.

3. When it is recommended to use DAT Incoterms?

– When the parties are stranger and don’t have any agent in other country, DAT Incoterms are recommended. It is mainly because that each party arrange the custom formalities in his own country. The seller also contract for the carriage to send the goods to the buyer.

4. Where is the place for transferring the risks and costs from the seller to the buyer?

– The risk of loss of or damage to the goods is transferred from the seller to the buyer when the seller has fulfilled his delivery obligation as explained in above questions.

5. When should we use other D terms instead of DAT incoterms?

– If the parties intend the seller to bear the risks and costs involved in transporting and handling the goods from the terminal to another place, then the DAP or DDP rules should be used.

To read the full obligation of the seller and the buyer in DAT Incoterms read the book “ICC Guide to Incoterms 2010”

Other useful links:
Free On Board (FOB) Incoterms
Free Carrier (FCA) Incoterms
Ex Works (EXW) Incoterms
CPT Incoterms (Carriage Paid To)
CIP Incoterms (Carriage and Insurance Paid To)
CFR Incoterms (Cost and Freight)
CIF Incoterms (Cost, Insurance and Freight)
FAS Incoterms (Free Alongside Ship)
Incoterms: Shipping Guide Every Trader Must Know

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5 Essential Notes about: CIF Incoterms (Cost, Insurance & Freight) https://www.shipup-tracking.net/blog/en/5-essential-notes-about-cif-incoterms/ https://www.shipup-tracking.net/blog/en/5-essential-notes-about-cif-incoterms/#respond Mon, 24 Sep 2018 11:30:20 +0000 https://www.shipup-tracking.net/blog/?p=311 CIF Incoterms means that the seller delivers the goods on board of the vessel. In addition to cost and freight to destination port, the seller must contract for the insurance. However, the risk of loss or damage during the carriage is for the buyer account. It is highly recommended to read the post about CFR Incoterms on Shipup Blog in addition to current post. 1. Who is responsible for Contacting the carriage and Insurance in CIF Incoterms? – The seller must contract for the carriage to the named place at destination. He also is obliged to contract for the insurance...

نوشته 5 Essential Notes about: CIF Incoterms (Cost, Insurance & Freight) اولین بار در Shipup Magazine. پدیدار شد.

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CIF Incoterms means that the seller delivers the goods on board of the vessel. In addition to cost and freight to destination port, the seller must contract for the insurance. However, the risk of loss or damage during the carriage is for the buyer account.

It is highly recommended to read the post about CFR Incoterms on Shipup Blog in addition to current post.

1. Who is responsible for Contacting the carriage and Insurance in CIF Incoterms?

– The seller must contract for the carriage to the named place at destination. He also is obliged to contract for the insurance cover against the buyer risk of loss or damage during the carriage. The seller is required to obtain insurance only on minimum cover under CIF Incoterms.

2. What is the main difference between CFR and CIF Incoterms and which one is preferable?

– The only difference is the insurance. Under CIF term the seller is obliged to contract for the insurance against the goods.

– As all the risk transfers to the buyer once the goods are loaded, CIF is recommended.

3. Which type of insurance is mandatory in CIF Incoterms?

– The seller is only required to provide the insurance on minimum coverage. If the buyer expect more insurance protection,  it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.

4. How about the duration of insurance Under CIF Incoterms?

– The duration of the insurance cover must coincide with the carriage and must protect the buyer from the moment he has to bear the risk of loss of or damage to the goods (i.e., from the moment the goods are loaded on board at the port of shipment). It must extend until the goods arrive at the agreed port of destination.

5. How much is the amount of insurance in CIF Incoterms?

– The amount of the insurance should correspond to the price provided in the contract, plus 10 per cent.

To read the full obligation of the seller and the buyer in CIF Incoterms read the book “ICC Guide to Incoterms 2010”

Other useful links:
Free On Board (FOB) Incoterms
Free Carrier (FCA) Incoterms
Ex Works (EXW) Incoterms
CPT Incoterms (Carriage Paid To)
CIP Incoterms (Carriage and Insurance Paid To)
CFR Incoterms (Cost and Freight)
FAS Incoterms (Free Alongside Ship)
Incoterms: Shipping Guide Every Trader Must Know

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5 Essential Notes about: CFR Incoterms (Cost and Freight) https://www.shipup-tracking.net/blog/en/essential-notes-about-cfr-incoterms/ https://www.shipup-tracking.net/blog/en/essential-notes-about-cfr-incoterms/#respond Wed, 12 Sep 2018 11:30:16 +0000 https://www.shipup-tracking.net/blog/?p=301 CFR Incoterms (Cost and Freight) means that the seller is obliged to deliver the goods onboard of the vessel. The seller must contract for the carriage and pay for it to the nominated destination. Although he pays the freight cost, the buyer bears the risk of shipment from once the shipment is loaded on board. 1. Which party choose the carrier in CFR Incoterms? – Although the seller contracts for the carriage, it is highly recommended that the buyer instruct him for choosing the carrier. It is mainly because that the buyer has to bear all the risks of any...

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CFR Incoterms (Cost and Freight) means that the seller is obliged to deliver the goods onboard of the vessel. The seller must contract for the carriage and pay for it to the nominated destination. Although he pays the freight cost, the buyer bears the risk of shipment from once the shipment is loaded on board.

1. Which party choose the carrier in CFR Incoterms?

– Although the seller contracts for the carriage, it is highly recommended that the buyer instruct him for choosing the carrier. It is mainly because that the buyer has to bear all the risks of any loss or damage.

2. Where and when the risks and costs transfers to the buyer?

– Risks and costs transfer at different point under CFR Incoterms. The seller pays the costs up to arrival at destination port while bears the risks until the goods are loaded on board.

3. What about unloading and local charges at destination under CFR Incotrerms?

– The buyer is obliged to pay all the costs after arrival of the vessel at destination. Therefore all the local charges at destination port is for the buyer account. This is a very important point. Some carriers have high local charges at some ports. The buyer must check these charges while instructing the seller for choosing the carrier.

4. What is differences between liner trade and chartered ship and why it is important under CFR Incoterms?

– The liner trade is a regular weekly service that goes port to port to finally call the intended destination port. Chartered ships carry the goods from an interior point in the country of shipment to an interior point in the country of destination.
– In case of chartered ship, It is then inappropriate to use the CFR term, and the parties are advised to use the CPT term instead.

5. Why should parties avoid stipulating date of delivery at destination?

– When, for example, the contract stipulates that delivery should take place not later than a specified date at destination (for example “arrival London not later than …”), this kind of stipulation defeats the object of the CFR term and leaves room for different interpretations of the contract.

To read the full obligation of the seller and the buyer in CFR Incoterms read the book “ICC Guide to Incoterms 2010”

Other useful links:
5 Essential Notes about: Free On Board (FOB) Incoterms
5 Essential Notes about: Free Carrier (FCA) Incoterms
5 Essential Notes about: Ex Works (EXW) Incoterms
Incoterms: Shipping Guide Every Trader Must Know

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5 Essential Notes about: FAS Incoterms (Free Alongside Ship) https://www.shipup-tracking.net/blog/en/5-essential-notes-about-fas-incoterms/ https://www.shipup-tracking.net/blog/en/5-essential-notes-about-fas-incoterms/#respond Mon, 10 Sep 2018 11:30:29 +0000 https://www.shipup-tracking.net/blog/?p=296 FAS Incoterms (Free Alongside Ship) means that the seller must place the goods alongside the ship nominated by the buyer. The seller is obliged to arrange all the steps in export country up to alongside the ship. The buyer have to arrange the rest. This terms is to be used only for sea or inland waterway shipments.   1. Which shipments FAS incoterms is suited for? – FAS Incoterms is designed for bulk and break bulk shipments. It is highly recommended not to use this term in containerized shipments. 2. Which party is responsible for loading the goods onboard? –...

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FAS Incoterms (Free Alongside Ship) means that the seller must place the goods alongside the ship nominated by the buyer. The seller is obliged to arrange all the steps in export country up to alongside the ship. The buyer have to arrange the rest. This terms is to be used only for sea or inland waterway shipments.

 

1. Which shipments FAS incoterms is suited for?

– FAS Incoterms is designed for bulk and break bulk shipments. It is highly recommended not to use this term in containerized shipments.

2. Which party is responsible for loading the goods onboard?

– Once the seller place the goods alongside the ships, any further risks and costs in loading the goods onboard are for the account of the buyer.

3. What is differences between FOB and FAS Incoterms?

– The only difference in FOB and FAS is that in FOB the seller is responsible and liable for loading the goods onboard. In FAS term, the seller only delivers the goods alongside the nominated ship. From that point onward, all the risks and costs are for the buyer account.

4. Which party contract for the carriage in FAS Incoterms?

– The buyer is obliged to contract for the carriage from the nominated port of shipment. This term is used mostly for bulk shipments then bulk carriers are used for this shipments. Most of the bulk carrier have cranes for loading the goods onboard. Maybe that is why this terms is well suited for bulk shipments.

5. Why parties must well coordinate about time and location of loading?

– As in wharf available time is restricted and also costly, it is highly recommended that the parties clearly specify the time and location of loading. Also it is noticeable that all the facilities must be provided prior to loading process.

To read the full obligation of the seller and the buyer in FAS Incoterms read the book “ICC Guide to Incoterms 2010”

Other useful links:
5 Essential Notes about: Free On Board (FOB) Incoterms
5 Essential Notes about: Free Carrier (FCA) Incoterms
5 Essential Notes about: Ex Works (EXW) Incoterms
Incoterms: Shipping Guide Every Trader Must Know

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