What is an ATR Movement Certificate?
Trade agreements are common between countries, as well as economic unions. They enhance seamless documentation…
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What is the FLT Shipping Term?
There are various shipping terms when it comes to moving bulk cargo across the ocean….
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What is the FIOT Shipping Term?
The break bulk industry brings along various shipping terms. These shipping terms are also common…
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What is Cash with Order (CWO)?
In any type of personal or business transaction, there are always at least two parties:…
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What is the Meaning of Environmental Fuel Fee (EFF) in Shipping?
The International Maritime Organization (IMO) is an agency of the United Nations that is tasked…
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What is a Piracy Risk Surcharge (PRS)?
A study by One Earth Future Foundation showed that Sea piracy costs the global economy…
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What is a Pre-Alert in Shipping?
Shipping cargo requires a good amount of documentation and preparation, especially for shipments that have…
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What is a Standard Carrier Alpha Code (SCAC)?
In the early 20th century, there was no standardized way to identify transport carriers. In…
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How to Get a Job on a Container Ship
The shipping industry accounts for about 90% of all trade and there are more than…
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What Is a Letter of Indemnity in Shipping?
When it comes to moving cargo via sea, carriers typically issue a bill of lading…
