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FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
Global freight volumes according to mode of transport in trillions of tonne-kilometres in 2010. In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air.
When the cargo is being shipped by several different shipping companies on the same vessel, there will usually be separate bills of lading for each company, but only a single consolidated cargo manifest. On the other hand, if the cargo contains dangerous goods, there may be a separate dangerous cargo manifest. A manifest can be exchanged for ...
Ships with cranes or other cargo handling equipment on-board are also termed geared vessels. As container ships usually have no on-board cranes or other mechanism to load or unload their cargo, they are therefore dependent on dockside container cranes to load and unload. However lift-on/lift-off vessels can load and unload their own cargo ...
A "clean bill of lading" (aka "on-board bill of lading") is used when there is full compliance with no discrepancies between the description filed by the shipper and the actual goods shipped. A clean bill of lading indicates that the goods have been properly loaded onboard the carrier's ship in accordance with the contract.
Outboard: attached outside the ship. [20] Port: the left side of the ship, when facing forward (opposite of "starboard"). [1] Starboard: the right side of the ship, when facing forward (opposite of "port"). [1] Stern: the rear of a ship (opposite of "bow"). [1] Topside: the top portion of the outer surface of a ship on each side above the ...
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One possible reason for transshipment is to change the means of transport during the journey (e.g., from ship transport to road transport), known as transloading. Another reason is to combine small shipments into a large shipment (consolidation), or the opposite: dividing a large shipment into smaller shipments (deconsolidation).