Ozgur Eker (CDCS)
Hello. My name is Ozgur Eker. Since 2009, I am a professional and independent letter of credit consultant from Izmir, Turkey. I have a bachelor's degree in business administration and master's degree in international trade and finance; awarded with CDCS (Certified Documentary Credit Specialist) two times between (2010-2013) and (2013-2016).
How Many Pallets Fit in a 40′ Container?
Containers are the main Cargo Transport Units (CTU) in international transportation. They are used to carry Unit Loads (ULD) safely and securely.
The most widely...
Pallet Wide Containers: 20′, 40′ and 45′ Pallet Wide Dry Containers
Understanding Cargo Transport Units (CTU) and Unit Loads (ULD)
On my previous post I have explained the importance of freight containers in logistics.
Containers are the...
What are the Differences Between 40′ Standard Dry Containers and 40′ High-Cube Dry Containers?
Dry containers, also known as general purpose containers, are by far the most common type of containers used in international sea transportation.
Almost every consumer...
Freight Containers: Classification, Sizes and Dimensions
History of Freight Containers:
Standardization is one of the key elements of our modern civilization. By standardization we increase productivity, decrease costs and improve quality...
When Issuing Bank is also Applicant of a Letter of Credit: Islamic Finance, Leasing...
Applicant means the party on whose request the credit is issued. Applicant is the importer in a typical international commercial letter of credit.
Issuing bank...
Shipper of a Bill of Lading
What Does the Shipper Mean?
Shipper means a person that enters into a contract of carriage with a carrier. Shipper also known as consignor.
In most cases...
What are the Differences Between Consignee and Shipper Fields of Bills of Lading?
Bill of lading is a transport document covering the carriage of goods by sea.
Consignee means a person entitled to take delivery of the goods...
What Happens if Letter of Credit is Silent in Regards to the Period of...
Documents must be presented to the nominated banks within allowed time frame under letters of credit payments.
Otherwise issuing banks or confirming banks raise late...
Stale Bill of Lading
According to the letter of credit rules a presentation consists of a transport document should be presented to the nominated bank within 21 days...
Letter of Credit Condition: Bill of Lading with Multiple Notify Party
Letter of credit, in a broad perspective, is one of the payment methods in international trade.
Bill of lading is a transport document covering the...
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