The most important navigational abbreviations
important navigational abbreviations FCL – Full Container LoadLCL – Part of Container (Less container load)POL – Port of LoadingPOD – Port of Destination/DischargeCOMM – CommodityDim – DimensionsVOL – VolumeO/F – Ocean FreightA/F – Air freightSSL – Shipping lineCNTR – ContainerHC – High CubeDC – Dry containerCBM – Cubic meter (m3)THC – Terminal Handling ChargesFT – […]
Questions and answers about customs clearance
Customs clearance is a very important process when shipping goods. It requires a lot of precision and requires experience and knowledge of the procedures for each country precisely. In this article, we will learn about everything related to customs clearance in the form of a question and answer. What is customs clearance? Customs clearance is […]
Steps to export your product?
Exporting your product requires a number of steps in order to be able to achieve your commercial success. Whether you are a beginner, intermediate, or advanced exporter, you must have a sufficient amount of information about the basic principles of export. The basic principles of exporting your product are: General steps to export your product: […]
The main risks are in imports and exports
Business always has risks, as risks are considered one of the obstacles in business, and removing obstacles is considered a success for this business . Commercial risks in the field of import and export: 1-Political risks on imports and exports: Domestic and foreign policy fluctuations in the two countries concerned, such as wars, military conflicts, […]
Steps to import goods
Import goods or purchasing goods from a foreign country is what is known as import trade. Importing goods refers to the process of bringing goods or products into one country from another country for the purpose of selling or distributing them. It involves purchasing goods from foreign suppliers or manufacturers and bringing them across international […]
Triangular shipment, their advantages and disadvantages, and steps for implementing them
A triangular shipment, also known as a triangular trade, triangular transaction or triangular shipment, is a type of commercial arrangement where three parties are involved in the movement of goods. In this arrangement, Party A sells goods to Party B, who then sells those goods to Party C. Party A and Party C are usually […]
Does currency exchange rate affect export business?
Yes, the currency exchange rate can have a significant impact on your export business. Why is the currency exchange rate important in global trade? Every time a country’s exchange rate rises, the cost of that country’s products and services abroad increases. Therefore, the prices of imports and exports differ globally due to differences in rates. […]
Customs clearance questions and answers
What is customs clearance? Customs clearance is the process of transporting goods (import or export) legally across international borders through the customs authority, and it is a mandatory part of the shipping process. That is, customs clearance means a document issued by the customs authority to the shipper indicating that all customs duties have been […]