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Unit 6 Shipment and Insurance Objectives have a thorough knowledge of shipment and insurance; know how to negotiate in written form about shipment terms; know how to negotiate in written form about insurance. Background: Transport is an important part in the international trade. The effectuation of the transport signifies the exporter’s fulfillment of the obligation to make delivery of the goods. It is indispensable to import and export business. Transport allows goods to be conveyed from one place to another. without transport, international trade would not be possible. Modes of Transport Carriage can take place by sea, rail, air, road, inland waterway(江河运输), parcel post, container and multimodal transport(联合运输). Ocean freight Advantages Ocean freight is undoubtedly the most economical mode of transportation in international trade particularly when bulk commodities are involved, with advantages of easy passage, large capacity and low cost. That’s why today 98% of world trade on volume term is conveyed by sea transport. Disadvantages However, it is slow, vulnerable to bad weather and less punctual if compared with road or air transport. Terms of Shipment When negotiating a transaction, the buyer and the seller should reach an agreement on: time of shipment port of shipment and port of destination, shipping advice partial shipment and transshipment(转船), dispatch(速谴费) demurrage(滞期费), etc. Important shipping terms in documents Ways of stipulating the time of delivery: Stipulate a fixed time shipment at or before the end of June. shipment on or before Sept. 15th. shipment not later than July 31th. Stipulate a fixed period of time shipment during May 2010 shipment within 45 days after receipt of L/C Terminologies 1、运输合同当事人 (1)freight 货物;运费;运输(货物) (A) 指‘货物’,简写作Frt.。 (B) 指‘运费’,又称,“freightage”, 预付Prepaid;到付Collect ; 运费freight Charge;杂费Local Charge (C) 指‘运送方式’,常与表示‘海’、‘空’的字合成一词 (2)Shipper 发货人 (3) 收货人 con
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