Question: I. True or False. Sometimes when the buyer cannot determine a specific port of discharge, he may require two or three ports to be written
I. True or False.
Sometimes when the buyer cannot determine a specific port of discharge, he may require two or three ports to be written on the contract for option.
When there are optional ports in the contract, the goods may be unloaded at any one of the ports at the shipping company's disposal.
When importing on FOB terms, we can generally stipulate the port of discharge.
An order may be negotiable after being endorsed.
is a transport contract in which the shipping company promises to transport the goods received to the destination.
A letter of indemnity is issued by the seller to the buyer to certify that the goods delivered are in goods condition.
According to the UCP a BL which is issued subject to a Charter Party must be accepted unless the Credit stipulates otherwise.
When you transport your goods by a Time Charter, you have to pay for loading and unloading.
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