Entries by John Hutchins

A Comprehensive FOB Shipment Guide

FOB, short for “Free on Board,” is a shipping term that determines the point of transfer of responsibility and ownership between the buyer and the seller in an international transaction. It signifies the moment when the goods are delivered from the seller to the carrier at the named port of shipment.

Demurrage and Detention Explained

Shipping goods across borders involves various complexities, and one aspect that often causes confusion is demurrage and detention. These charges can significantly impact your shipping costs and supply chain efficiency if not properly managed. In this blog post, we will demystify demurrage and detention, providing you with essential knowledge to navigate these concepts effectively.

A Comprehensive Guide to EXW Shipping

Choosing the right shipping terms is crucial for success in international trade. One commonly used term is EXW or Ex Works. In this blog post, we will delve into the details of EXW shipping, including its definition, benefits, drawbacks, and important considerations for businesses. Whether you’re an experienced importer or new to the global market, understanding EXW shipping will empower you to make informed decisions and optimise your supply chain.

What is Freight Forwarding?

Freight forwarding involves organising the delivery of products from one location to another. This can require making plans for the transportation of goods by air, sea, or land, as well as taking care of customs clearance and other logistics-related tasks.