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Which is the best insurance type that should be selected against non-delivery risks?

Which is the Best Cargo Insurance Type That Should be Selected Against Non-Delivery Risks?

Institute Cargo Clause A (All risks), Institute Cargo Clause B and Institute Cargo Clause C are the main types of cargo insurance types used...


What Does Incoterms Mean?  INCOTERMS (International Commercial Terms) have been created by the International Chamber of Commerce in order to reach an uniform set of...
letter of credit calls for a wrong Incoterms

What Happens If a Letter of Credit Calls For a Wrong Incoterms?

Daily practice shows us that Incoterms are not used in a correct way as per ICC rules. Exporters and importers frequently use wrong incoterms in...
incoterms discrepancy

Incoterms Discrepancy

The Incoterms are a standard set of trade terms used worldwide mostly in international trade. It is also possible to use them in domestic contracts of sale. The...
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