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FOB is only used in non-containerized sea freight or inland waterway transport. As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. The term FOB is also used in modern domestic shipping within North America to describe the point at which a seller is no longer responsible for shipping costs.
China has 34 major ports and more than 2000 minor ports. The former are mostly sea ports (except for ports such as Shanghai, Nanjing and Jiujiang along the Yangtze and Guangzhou in the Pearl River delta) opening up to the Yellow Sea (Bo Hai), Taiwan Strait, Pearl River and South China Sea while the latter comprise ports that lie along the major and minor rivers of China. [1]
The Port of Fuzhou is a natural seaport centered on the estuary of the Minjiang River artificial deep-water international seaport on the coast of Fuzhou, Fujian, People's Republic of China. and of the neighboring prefecture of Ningde. The Port is located on the southeastern coast of Fujian, facing the Taiwan Strait.
Since Incoterms 1980 introduced the Incoterm FCA, FOB should only be used for non-containerized seafreight and inland waterway transport. However, FOB is commonly used incorrectly for all modes of transport despite the contractual risks that this can introduce.
It is the deepest inland class I port (open to direct foreign trade) in China. Chongqing Port has 181 production berths of all kinds, including 4 main multimodal transfer stations. The Yangtze river channel is 6 m deep during the wet season and allows navigation of ships up to 5,000DWT, the furthest upriver ships that large can travel. [ 1 ]
The Port of Wuhan is the natural river port of the sub-provincial city of Wuhan, Hubei Province, People's Republic of China. The port lies at the confluence of the Yangtze and Hanjiang rivers. It is able to handle ocean-going ships of 10,000 DWT. In 2013, it had a throughput of 42.2 million tons of cargo, and 513,229 TEU of containers. [1]
Shipping Agencies: Engaging a shipping agent is mandatory for all foreign flagged ships, and Tianjin has several dozen such outfits operating at present. The largest agents are Tianjin Penavico (天津外轮代理公司), owned by TPG, and Tianjin Sinoagent (天津船务代理有限公司), [ 87 ] a subsidiary of Tianjin Sinotrans .
It is the 4th port in China with the capacity to handle 6th-generation large container vessels. In 2013, Xiamen handled 191 million tons of cargo, including 8.08 million TEUs of containers. [1] On 31 August 2010, Xiamen Port incorporated the neighboring port of Zhangzhou to form the largest port of China's Southeast. This was a relatively ...
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