- Normally tramp rates fluctuate with market conditions of supply and demand.
- Shipper is the person who has concluded a contract with the carrier for carriage of.
- Fumiion ordered because of illness of the crew under time chartering shall be forcharterer’s account .
- Under the ve chartering ,the shipowner is responsible for the fixed running expenses aswell as for the ve expenses .
- Insurance contract is essentially a contract between the insurer and the insured.
- To unite the freight forwarding industry worldwide is one of FI’s mainobjectives.
- A delivery order is issued by the carrier or his agent to enable the consignee or his agentto take delivery of the cargo from the vessel .
- FOB means that the seller delivers when the s pass the ship’s rail at the namedport of discharge .
- The CFR term can be used only for sea and inland waterway transport .
- Mate’s receipt is issued by the forwarder to the shipper.
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