The workshop explored widespread features of trade finance instruments, drawing notice to differences between documentary credits and negotiable devices, definitions of irrevocable and independent obligations, key differences between the Uniform Rules for Demand Guarantees figures 458 and 758, the definition and characteristics of counter-guarantee
For Shipowners: Shipowners can also facial area demurrage charges when they fail to load or unload the cargo in the authorized spare time. For example, if their ship is delayed as a result of port congestion or other reasons, They might be responsible for paying out demurrage.We not too long ago emigrated but now the shipping line are refusing to r
And since we’re on the topic of negotiation, you are able to always try to ask for more free time for your cargo. This will work on equally demurrage and detention. For example, if you understand that your containers are going to choose additional than 2 hours to unload, you might check out speaking to the driving force nicely in advance. They’