What are Incoterms? Incoterms are a set of rules developed and published by the International Chamber of Commerce (ICC) which define the moment of delivery of goods. Incoterms do not govern the transfer of property or title of goods. The latest version of Incoterms were released for use January this year – Incoterms 2020 CIF and CIPContinue reading “Changes to CIF and CIP in Incoterms 2020”
What is LCL? ‘LCL’ is an acronym for ‘Less than Container Load’ and is referring to the volume of the consignment you are shipping. If you are only shipping one or two pallets this is not enough to fill a 20 or 40 foot shipping container. Therefore your shipment would be packed into a shippingContinue reading “LCL Sea Freight Shipping”
Inward Processing Relief (IPR) and Outward processing relief (OPR) are Customs procedures for goods that are entering the country for a process or are returning to the country after a process has been completed. A ‘process’ could be service such an inspection, repair or modification. They are not a way of avoiding import duty andContinue reading “IPR and OPR Customs Procedure Codes”
Companies tell the future, or forecast, all the time when it comes to ordering stock. Forecasting is the system used to determine how much stock should be ordered.
The IPPC (International Plant Protection Convention) developed a treatment standard for wooden packaging materials used in international shipping called ISPM-15 (International Standards for Phytosanitary Measures). This shows the material has been treated against possible parasites such as beetles, termites and larvae. If you are shipping palletised goods internationally on wooden pallets, crates and/or wooden packagingContinue reading “How does ISPM-15 effect you”
A.TR Movement Certificate Turkey entered into a Customs Union with the EU in 1995 and utilises the preference system with movement certificates (ATr. and EUR.1) for trade with Europe. The intention was that goods could travel between the EU and Turkey without customs restriction. An ATr. (Admission Temporaire Roulette) is a certificate for the movement of industrialContinue reading “What is a Movement Certificate?”
The logistics world at the moment is a very dynamic place – from extra tariffs to new and pending trade deals it’s becoming increasingly difficult to stay up to date with the bureaucracy. With that in mind I have compiled a guide, as below, which should help if you do, or plan to, ship toContinue reading “Shipping to the USA from Europe”
Have you reviewed your procedures for instructing your customs clearing agents lately? If not it could be costing you more than it should in unnecessary import duty, VAT and agents fees.
Your market coverage decision can seriously impact your supply chain. This latest article outlines the main decisions and how they can affect your business.
When the term ‘risk management’ is used in shipping most people immediately refer to the Incoterms but it is often misunderstood. Incoterms do not refer to risk in all the definitions so how do you define the risk? The transfer of risk comes from the transfer in responsibility. Incoterms outline who is responsible for eachContinue reading “Managing Risk in Shipping”