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How to ship your products Internationally

How to ship your products Internationally. Air Ocean Truck. Who can help you to ship ?. Airlines Ocean Carriers Truckers Freight Forwarders. What is a freight forwarder. Travel agent for cargo Middleman between Exporters & Importers

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How to ship your products Internationally

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  1. How to ship your products Internationally • Air • Ocean • Truck www.ifscargo.com

  2. Who can help you to ship ? • Airlines • Ocean Carriers • Truckers • Freight Forwarders www.ifscargo.com

  3. What is a freight forwarder • Travel agent for cargo • Middleman between Exporters & Importers • An agent acting on behalf of the exporter (or importer) to move the cargo from point “A” to Point “B” www.ifscargo.com

  4. What documentation do you need to ship internationally • Commercial invoice • Packing list • Bill of Lading www.ifscargo.com

  5. SOME OF INCO TERMS 2000 International Commercial Terms 2000 • EXW Ex-Works (named place) • FCA Free Carrier (named place) • FOB Free On Board (named place) • CFR Cost And Freight (named port) • CIF Cost Insurance Freight (named port) • DDU Delivered Duty Unpaid (named place) • DDP Delivered Duty Paid (named place) www.ifscargo.com

  6. When a “Shipping Quotation” is needed the Freight Forwarder needs the following: • Origin & Destination • Commodity Description • Applicable INCO terms • Shipment details: pieces, weights, & dimensions • Mode of transport: Air / Ocean / Truck • Special requirements (if any) • Cargo Value • Banking needs (if any) www.ifscargo.com

  7. Air Freight • Chargeable Weight VS Actual Weight Formula: Cubic inches / 366 = volume weight (KGS) • AWB “Non Negotiable document” • Passenger Flights vs Cargo Flights • TSA / Known shipper vs Unknown shipper • Hazmat / DG Certificates / IATA / Perishable www.ifscargo.com

  8. Sea Freight • LCL W/M = 1000 Kgs or M3 • FCL / OOG • Standard , 20’ , 40’ , 40’HQ • Open Top , 20’ , 40’ • Flat Rack , 20’ , 40’ • BBulk , Ro-Ro • OBL (Ocean Bills of Lading) are negotiable documents www.ifscargo.com

  9. Cargo Insurance • Insurance coverage = CIF value + 10% • Rates are based on risk • Cargo risk (Packaging) • Inherent vice • Origin /Destination • Mode of transport www.ifscargo.com

  10. Why we need insurance? www.ifscargo.com

  11. Why we need insurance? www.ifscargo.com

  12. Why we need insurance? www.ifscargo.com

  13. Why we need insurance? www.ifscargo.com

  14. Other Areas of concern • Specific destination country requirements • Cargo packing • ISPM 15 • HAZMAT – IMO (SEA) , IATA (AIR) • Banking (its effect on documents) • Bank drafts • Letter of credit • Cargo Damage • Abandoned cargo at destination www.ifscargo.com

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