Shipping Marks
What is a shipping mark? Exporters must mark their cargo clearly before export. This helps to ensure that shipments reach their intended destination by allowing carriers and consignees to easily…
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CIF Incoterms
What does CIF mean in international trade? CIF stands for Cost Insurance and Freight. It is included in Incoterms® 2020 and one of the most important terms to ever be…
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Chart of Incoterms 2020
We have published extensive materials including Incoterms charts to help traders understand Incoterms® 2020. However, the topic can still be very daunting and seemingly complex to many, as the rules…
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Which Incoterm is most friendly to buyers?
Incoterms 2020 The new Incoterms 2020 have been published on the 1st of January this year. However, the original Incoterms were published in 1936 and have been creating updates to…
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7 Ways To Avoid Getting Scammed When Buying Online
Recent events have given the e-commerce industry a steroid induced growth spurt that online scammers all over the world are rushing to take advantage of. Sophisticated fraudsters are now offering…
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Logistics & Supply Chain Definitions
The supply chain and logistics space is so full of terminology and jargon that even the most experienced logisticians can often come across new terms they are unfamiliar with. Here…
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What are Export Controls?
Export controls define the rules surrounding the release of certain types of data, information, products, technology, services and funds from a country. Export control regulations are written to prevent the…
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Incoterms: Frequently Asked Questions
In this article we look at all the frequently asked questions about Incoterms. You may also like our comprehensive article and relevant diagrams explaining the 2020 version of the terms…
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Incoterms: When does title of goods pass from seller to buyer?
Incoterms deals with several aspects of trade such as : General obligations Transfer of risks Delivery Carriage Insurance Delivery and transportation documents Export clearance Import clearance Cost allocation between buyer…
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