- 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.
- Loading and unloading costs, bunkers, stores and crew costs are all fixed costs.
- The UCP600 published by the International Chamber of Commerce came intoforce on January 1st, 2007.
- Time chartering means that the charterer hires the vessel for a period of time without crew.
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