Chapter-6.International-Cargo-Transportation(修改版).pptVIP

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Chapter-6.International-Cargo-Transportation(修改版).ppt

Chapter-6.International-Cargo-Transportation(修改版)

Assignment: Case Studies A Chinese exporter contracted with an American importer to export 10,000 pairs of sneakers on CIF New York basis. The contract stipulates that the time of shipment is between July to August, 5,000 pairs of sneakers shipped each month, and transshipment allowed. The payment is by letters of credit. The exporter loaded 5,000 pairs of sneakers on board the ship “Mayflower” on 31st July and got the B/L for July, and loaded the rest of sneakers on board the ship “Triumph” on 10th August and got the B/L for August. Both ships were transshipped in Hong Kong and both lots of goods were transported to the final destination by “Noble” of Maersk INC. Questions:(1) Was it transshipment or not? Why? (2) Could the seller safely get paid? Why? Case 2: A Chinese exporter exported 30,000 boxes of goods, contracting to ship the goods in each lot from March to August, with 5,000 boxes each month and payment by confirmed irrevocable letter of credit. The importer duly sent the L/C in which the total amount is in conformity with the contract, but the shipping clause indicates “the latest date of shipment is 31st, August, with partial shipment allowed.” The exporter dispatched 5,000 boxes in March, 6,000 boxes in April, 10,000 boxes in May and 9,000 boxes in June. The importer raised an objection to this. Is the exporter right to do so? Why? Case 3: A Chinese company contracted a batch of timber handicraft with a Spanish importer on a CIF basis. The contract and letter of credit stipulates that shipment is during May/June, 2011. However, the exporter had difficulty chartering a vessel and adopted partial shipment in two to three lots. In this case, did the exporter break the stipulations of letter of credit? 国际贸易实务 第六章 ▼ time of shipment How to stipulate the time of shipment in the contract? Shipment d

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