In Export Trade: Must the Bill of Lading Consignee Be the Contract Party?
In international trade, the consignee listed on a Bill of Lading (B/L) represents the actual recipient of the goods — the party entitled to take delivery at the destination port. The contract party, however, refers to the buyer who signs the sales contract with the exporter. So, must the consignee always be the same as […]
Container Types, Weight Limits, and Volumes
Shipping containers are the backbone of global trade, offering standardized, secure, and versatile solutions for transporting goods across the world. Understanding their types, capacities, and limitations is essential for efficient logistics planning. 🛠️ I. Common Types of Shipping Containers 1. Dry Container The most widely used type, ideal for general dry cargo such as clothing, […]
When Can a Customs Declaration Be Amended? Key Scenarios Explained
Once a customs declaration has been submitted, the information it contains cannot normally be changed. However, in certain circumstances, importers or exporters may apply to customs authorities to amend the declaration. These situations include: Changes in shipment or transport arrangements – for example, if goods are returned for export clearance or if the mode of […]
Comprehensive Guide to Container Classifications and Their Applications
Classification by Cargo Type Dry Container (DRY CONTAINER): The most common container, primarily used for transporting general cargo that doesn’t require temperature regulation. Bulk Container (BULK CONTAINER): Used for loading powder, granular goods, and various bulk commodities. Liquid Cargo Container: Specifically designed for transporting liquid goods. Refrigerated Container (REEFER CONTAINER): Equipped with refrigeration units and […]
Understanding SOC vs COC in Ocean Shipping: What’s the Difference and When to Use Them?
In ocean shipping, the term SOC is commonly heard. SOC stands for Shipper’s Own Container, referring to a container owned or leased by the shipper. The counterpart to SOC is COC, which stands for Carrier’s Own Container. In container shipping, whether it is Full Container Load (FCL) or Less than Container Load (LCL), containers are […]
