Process & info

Transport insurance for international trade

Transport insurance for international trade Whether you’re buying or selling goods to or from international markets, there is always a risk of delay, damage, loss or theft during transit. This article will describe how to make arrangements before the problem happens. We will see the various clauses in insurance contracts, details about the strategy to take and how to contact the insurance in case of litigation. The importance of insurance Cargo insurance Cargo insurance covers goods in transit by road, rail, sea or air. In its simplest form, it provides

Risk management Insurance

How to manage insurance for international freight ? The terms of sale agreed in a commercial transaction defined who is responsible for the shipment of goods. In other words, they specify who – the buyer or the seller – pays for: – The acquisition of documents – Licenses and Permits – Freight forwarding agent – Customs duty and taxes The terms also show how the risk of loss or damage will be managed. They specify the delivery points of the cargo and how the risk is transferred

procedures insurance

Procedures in Insurance Liability insurance for freight forwarders Many traders use the freight forwarder company to run out insurance. It simplifies procedures, since these companies provide all transportation services that goods need: booking the pick up of goods, packaging, storage and customs clearance. Freight forwarders typically have limited liability for all claims for loss or damage during the shipment. When other parties (such as transmission lines, airlines or trucks operators) are involved in a dispute, they come into contact with the insurance to settle disputes. It is often difficult

Freight fowarder

What is an International Freight Forwarder ? Import and export are essential for many businesses. International shipping may represent great business opportunities, but the processes, paperwork and regulations involved can also seem very hard. However, you can be an international shipper accomplished without facing the pure logistics. Then comes the role of Thailand international freight forwarders This article will cover the basics of what a freight forwarder is, what are these features and why you should use one. What is a freight forwarder? This is a company specialized in

Incoterms

Incoterms 2017 The Incoterms rules or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC). They are widely used in International commercial transactions or procurement processes. A series of three-letter trade terms related to common contractual sales practices, there are intended primarily to clearly communicate the tasks, costs, and risks associated with the transportation and delivery of goods. The Incoterms 2016 are organized into two categories: for all modes of transport: EXW – Ex Works FCA –

Containers Thailand

Shipping Containers from/to Thailand An intermodal container is a great standard shipping case, designed and built for intermodal freight transport, which means these can be used in different modes of transport – ship, rail or truck – without unloading / reloading their cargo. Intermodal containers are mainly used to store materials and transportation efficiently and safely. These containers are known by several names: cargo container or cargo container ISO… Intermodal case are available in different types and a number of standard sizes, but 95% of

Thai customs

Thai Customs The Thai Government controls the importation and exportation of goods in Thailand. The controls take the form of either: – An absolute prohibition, which means that you are not allowed to import the goods in all circumstances; or – A restriction, you must have a permission to import the goods. Prohibited and Restricted Goods in Thailand: The following information broadly describe what goods is prohibited or restricted in Thailand. where you can get more information and, in the case of restricted goods, to request permission to

Dangerous Products

Air freight with dangerous products The transport of dangerous goods is subject to national and international regulations. This type of transport must be secure as possible and fulfill all the conditions imposed by the competent authorities. For air freight, it is crucial to measure the consequences of potential differences in temperature, humidity and the risk of damage from vibrations during subsequent handling. Siam Shipping is specialized in the transport of dangerous goods to and from Thailand, we control all steps and all regulations,