Singapore HS code for import

What is the Singapore HS code of a product? All products being imported to and exported from Singapore need to be declared to Singapore Customs. In order to make the…

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General Average clause in shipping

General average clause in shipping industry The general average concept in shipping deals with losses arising during ocean transport that need to be shared between all cargo owners shipping on…

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What is volumetric weight?

What is volumetric weight? The volumetric weight can also be called volume weight. It represents the weight of a package and its dimensions. Courier/Parcel companies often use volumetric weight and…

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What is a packing slip?

What is a packing slip? Packing slips are commercial documents that validates the delivery of an order. In other words, it is used to confirm that you delivered a product…

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What are Incoterms?

Incoterms are rules for international trade that have been developed by the International Chamber of Commerce. These rules are used in international sales contracts. The term Incoterms, comes from "international…

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HS Classification Rules

When doing international trade, all products on shipments are subject to tariff classification. In other words, it is assigned a alphanumerical code that identifies what tariffs, taxes and regulations are…

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What is a reefer?

A significant amount of cargo moves across the world in reefer containers. But what are reefer containers? What type of products or goods can they transport? Reefers are a type…

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Incoterm 2020 DAP: When is it used?

What is Incoterm® 2020 DAP? The Incoterm 2020 DAP (Delivery at Place), requires that the cargo be delivered by the seller at a place designated by the buyer. Normally this…

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How to prepare a Bill of Lading?

When you ship any item around the world, you can find yourself facing a great deal of paperwork and documentation. While you don't want to forget any of those documents…

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Global Trade Manager

What does a Global Trade Manager do? Global trade managers can also be referred to as international trade managers, compliance managers or even import/export compliance managers. The role of global…

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What is an audit trail?

What is an Audit Trail? Audit trails are documented processes through which financial, transactional, trade and/or accounting information is systematically traced back to origins. Audit trails are useful to validate…

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