Time is significant for importers. It is best that the ordered goods are delivered to the right place in a predetermined time. Demurrage is one of the terms that is worth to know. In short, it determines the stoppage in transport. It happens when there is a delay in delivery of the goods to the …
When calculating the cost of transporting products from China, it must be taken into account that the shipowner can only provide transport costs, omitting additional expenses. That is why it is worth to get acquainted, among others, with the International Ship and Port Facility Code (ISPS). It involves an additional fee charged by shipowners and …
When importing goods from other countries, especially from outside the European Union, we have to remember to check the customs rates that currently apply. For this purpose, it is worth knowing some of the terms. ISZTAR and TARIC also will facilitate learning about customs rates. It is worth visiting these sites regularly if we are …
Many companies conducting international trade have a dilemma as to what type of sea or rail transport is best used by importing or exporting goods. By sending our products by sea, for example from China or by rail to European countries, we have to consider between choosing FCL and LCL. Taking into account the volume, …
When we are doing business with China or generally engaging in international trade, we can often encounter various terms and acronyms. We need to be familiar with them. Especially when we make transactions, close business deals and complete the formalities. We compiled a dictionary of terms so all the businesspeople who undertake to import goods …