Demurrage discharge costs for containers

Most shipping lines require their containers to be unloaded and returned back to a port after a short period of time so that they can be re-used quickly for new Read more…

Introduction to ISPM 15

A number of countries around the world require wooden packaging materials to be treated to a standard known as ISPM 15 (International Standards for Phytosanitary Measures 15). This is a Read more…

Finacial pitfulls for the Seller with the DDP Incoterm

According to the International Chamber of Commerce (ICC) Incoterms 2010, DDP (Delivery Duty Paid) means that the seller delivers the goods when the goods are placed at the disposal of Read more…

Cargo Tracking Note (CTN)

The Nigerian Ports Authority (NPA) requires validated and endorsed Cargo Tracking Notes (CTN) for all consignments (including groupage consignments within containers) to Nigeria. This came into effect on 11th January Read more…

Apostille

An Apostille (a French word meaning certification) is an international certification comparable to a notarisation in domestic law. It came into being as a result of a meeting of a Read more…

CPC for Customs Freight Simplified Procedures

When importing goods into the UK, a Customs Procedure Code (CPC) must be used to declare the type of procedure being used under which the goods are being imported.  Detailed Read more…

Introduction to CFSPs

HM Revenue and Customs devised the CFSP’s (Customs Freight Simplified Procedures) to facilitate the movement of goods through Customs faster and more easily. This is quite a complicated procedure and Read more…

Definitions of Terms in UK Import Procedures

This report sets out to define some of terms used in UK Import Procedures. Authorized Economic Operator (AEO)An AEO is an economic operator who, by satisfying certain criteria, is considered Read more…

Preliminary information about Incoterms 2010

The International Chamber of Commerce (ICC) has now published their Publication No. 715E on Incoterms 2010. These rules can be used from 1st January 2011, although there is nothing to Read more…