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What is Shipping and Transport?
Shipping is a mode of transport that is most commonly used when transporting large and heavy bulk commodities. When choosing the best mode of carriage for goods one usually looks at road, rail, sea and air. We wanted to discuss the factors to be aware of when looking at shipping as when trade finance facilities and more generally, multi-jurisdictional trade is involved we usually see shipping used as the most common mode of transport.
How do I choose a mode of transport?
There are many factors to consider when choosing a mode of transport. Many are listed above and others will have to be taken into account when understanding the goods you are dealing with, expertise you have available, distance of shipment, parties involved, profit margin and general criteria that surround the transaction. The above is a useful guide, but the reality rests with one financing and/or trading the goods.
Freight Forwarding Hub
1 | Introduction to Freight Forwarding
2 | Air Freight
3 | Bill of Lading (BL)
4 | Container Shipping
5 | Demurrage
6 | Import General Manifest (IGM) and a Bill of Entry
7 | Full Container Loads vs Less than Container Loads
8 | Inbound Logistics
9 | Container Freight Stations
10 | Container Yards (CY)
11 | Ocean Freight
12 | Reefer Containers
13 | Telex Releases
14 | HS Codes
15 | HSN Codes
16 | IGST, SGST and CGST
17 | Marine Insurance
18 | DSV Tracking
19 | Certificate of Origin
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Speak to our trade finance team
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