Ozgur Eker (CDCS)
India Export Letter of Credit Consultancy
Transaction Background:
Both importer and exporter are engaged in renewable energy sector.
The buyer is one of the biggest renewable energy company in India.
The seller is...
Amount of Cargo Insurance Coverage Example under an L/C Payment
The purpose of taking out insurance is to receive compensation in case the goods do not arrive or are damaged.
Therefore, the policy holder must...
All Risks Insurance Policy Under L/C Payments
Letter of credit conditions must be clear and precise without leaving any room for ambiguity.
In terms of insurance documents, the letter of credit must...
Senegal Export Letter of Credit Consultancy
Letter of Credit References:
We have completed our export letter of credit consultancy services with success in regards to a letter of credit which is...
FCL/LCL Shipments: Single Shipper/ Multiple Consignees
Full Container Load (FCL) refers to a single container or multiple containers are booked by a shipper to transport their cargo exclusively under a...
LCL/FCL Shipments: Multiple Shippers/ Single Consignee
Full Container Load (FCL) refers to a single container or multiple containers are booked by a shipper to transport their cargo exclusively under a...
Risks in LCL Shipments
Less than Container Load (LCL) refers to cargoes owned by different shippers, grouped in a single container by the forwarding agent, allowing transportation of...
Letter of Credit Condition: LCL/LCL Shipment Prohibited
LCL is an abbreviation that is used mostly in international shipping. Its long form is Less than Container Load (LCL).
In an LCL shipment, a...
Full Container Load (FCL) and Less than Container Load (LCL): Explanations with Examples
Containers are the main Cargo Transport Units (CTU) in international transportation.
It is possible to load almost every type of manufacturing merchandise via containers from...
Blank Back Bill of Lading Not Acceptable
A Blank Back Bill of Lading, also known as Short Form Bill of Lading, is a type of transport document that does not include...