Logimar Srl - Shipping and Forwarding in Italy

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Logimar Tumblr, a forwarding agent company. Our headoffice's located in Bergamo close to Milan. Write us at info@logimar.it

Il tumblr di Logimar Srl, azienda di spedizioni internazionali. Siamo a Bergamo. Scrivici a info@logimar.it


web site: www.logimar.it





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Posts tagged "trade"

We take care of your business. With passion.

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The European Union and Vietnam are set to begin negotiating a free-trade agreement after agreeing Saturday on topics to be covered in a future trade pact, flagging Europe’s growing desire to develop stronger ties with Southeast Asia’s fast-growing economies.

L’Unione Europea e il Vietnam hanno deciso di iniziare i negoziati per l’accordo di libero scambio dopo aver concordato gli argomenti da affrontare per il futuro patto commerciale, segnando il desiderio crescente dell’Europa di sviluppare legami più forti con le economie in rapida crescita del Sud-Est asiatico.

EU Trade Commissioner Karel De Gucht in a statement described the signing of the agreement with Vietnam as marking “a clear desire to deepen trade relations and improve the business environment between the EU and Vietnam.”

The trade relationship improved sharply last year after the EU dropped tariffs on imports of Vietnamese footwear.

Now the two sides aim to eliminate import tariffs and non-tariff barriers to trade in services, while reaching a broader agreement on intellectual property rights and freer competition in each other’s markets.

The agreement signals the beginning of a long process. The Commission will have to consult with EU member nations before it can launch formal negotiations with Vietnam, which met with Mr. De Gucht and other EU representatives on the sidelines of the Association of Southeast Asian Nations summit now under way in Cambodia’s capital.

Vietnam is the third member of the ten-member Association of Southeast Asian Nations with which the EU has begun negotiations on a free-trade agreement. The others are Singapore and Malaysia.

In an interview with The Wall Street Journal earlier Saturday, Mr. De Gucht said the EU’s strategy is to attempt at network of similar, complementary trade agreements across Southeast Asia until the Asean group is ready to conduct region-to-region free-trade talks.

"We are making sure that these discussions all have the same backbone," Mr. Gucht said, with the hope of helping of one day to create a broader EU-Asean free-trade pact once the Southeast Asian nations more closely integrate their economies, starting in 2015.

Asean, Mr. Gucht added, “is making big efforts towards integration and we would be very pleased if they continue and if they go even faster, because for us the ideal configuration is to have a region-to-region process.”

"It’s an idea whose time has come," he said.

Write to James Hookway at james.hookway@wsj.com

[The Wall Street Journal, 31.03.2012]

Via Logimar website

The International Diffusion of Containerization by giselarua

shippingandlogistics

FURTHER economic strife may be ahead as a swathe of recently released data points to a slowdown in the world economy. This is confirmed by one alternative measure: the amount of cargo passing through the Suez Canal in Egypt. Approximately 8% of the world’s international trade is estimated…

Read more…

Suggestions for suppliers

When you draw up an international contract, very often you adopt as terms of payment the Documetary Letter of Credit. We would like to give you some suggestions in order to avoid troubles and loss of money. First of all when you receive L/C fom your bank, you should check very carefully this document, as you have to follow up all requests.

Following just few suggestions:

  • The L/C should always be irrevocable and confirmed by your bank;
  • The goods value shown on L/C should be o the same amount of the order you received;
  • You should be sure that all documents required can be absolutely supplied;
  • Please check with Logimar the date of vessel’s departure in order to load the goods within the time previewed by L/C (the date of shipment is the date of receipt on board of an ocean vessel - not the date of loading at at your factory!).
  • You should check that the terms of delivery and the means of transport are the same you agreed with your customer.

Upon receipt of L/C if you can not met some requests, please ask your customer to amend the credit accordingly.

If your L/C expires before the time you can ship the cargo, you should ask your client to extend the L/C validity time.

It is important to supply to your bank all and well done documents, infact for each discrepancies between L/C and documents you will loose money.

Usually the L/C are issued in accordance with the “international chamber of commerce Pubblication nr. 500”. You should ask copy of it to your local Chamber of Commerce, it will be of great help!

Logimar can grant you a good and specialized assistance, we can solve all your doubts, so do not hesitate to contact us! Logimar can help you to guarantee your payments!

Suggestions for consignee

For shippers The L/C is a safe form of payment, as it always guarantee the payment of supply. Unfortunately the consignee is not really protected, infact the cargo shipped can not be checked, neither by the forwarders, neither by shipping lines, and it should happen that the importer will receive goods of bad quality.

So if you have to buy some materials abroad try to chose good and reliable suppliers, and please check carefully cargo quality upon receipt.

If you have any doubt about your suppliers, please contact Logimar, and we will try to check their reliability.

The Bill of Loading, the document issued for sea shipments, declares and describes the cargo shipped as confirmed by the supplier. So the forwarder completely has to trust in what the shipper delcares.

Insurance

The contract of carriage (the Bill of Lading) covers responsabilities of carriers but usually these liabilities are much lower than real cargo value.

In order to avoid damages, follow up these few rules:

First of all if your contact is based on “Incoterm 2000” you should read carefully the part or risks, try to issue an insurance policy for the door to door domicile, or at least for the part of transport under your liability.

When you issue an insurance policy / certificate, it is important to specify:

  • Number, weight and type of packaging shipped
  • Detailled cargo description (specifying particular dangers such as rusty, exposives or fragile cargo);
  • Kind of transport effected (by truck, by air, by sea, by train)
  • You should declare necessary transhipments or warehousing
  • Please specify the special conditions, as per L/C requests

Please remember that the all risks insurance does not cover every risk, but only the risk specified in your policcy.

You can contact Logimar for more and detailled clarifications.

Source: Logimar Srl

Download the official Incoterms ICC 500 Table


New Incoterms 2010 came into effect last January 1st 2010.. 

Major innovations concern DAF, DES and DDU clauses deletion and the the inclusion of two new clauses: DAT and DAP.

Maritime clauses

FAS (Free Alongside ship)
FOB (Free On Board)
CRF (Cost and Freight)
CIF (Cost Insurance and Freight)

General clauses


EXW (Ex Works)
FCA (Free Carrier)
CPT (Carriage Paid To)
CIP (Carriage and Insurance Paid To)
DAT (Delivered At Terminal)  (*)
DAP (Delivered At Place)
DDP (Delivered Duty Paid)

The official version is downlodable from ICC website.

(*) Terminal means port or airport area, warehouse etc…


source: Logimar Srl

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Pubblichiamo uno stralcio (segue link al testo completo) di un articolo uscito su Mercato Globale relativo all’importanza della scelta del miglior termine di resa e dello spedizioniere da parte del venditore: 

"Molti operatori provano un senso di sicurezza per aver venduto franco fabbrica o fob. Va invece posta massima attenzione all’aspetto assicurativo e alla scelta del trasportatore".

LE FALSE SICUREZZE DEGLI ESPORTATORI


In caso di vendita Ex Works, FCA, FOB (ma anche CFR) spetterebbe al compratore provvedere alla copertura assicurativa (ma non esiste alcun obbligo da parte sua, come mettono in rilievo gli Incoterms).

Molti incauti venditori danno invece per scontato che, essendo in tutto o in gran parte i rischi di perdite o avarie a carico della controparte, questa si incarichi automaticamente dell’assicurazione.

Se, tuttavia, l’acquirente dimentica di stipulare il contratto di assicurazione o sottoscrive un’assicurazione insufficiente avrà la tendenza, in caso di sinistro, a considerare il venditore come responsabile del danno subìto invocando la non conformità della merce e/o degli imballaggi e defalcando da quanto dovuto per la fornitura l’importo dell’eventuale pregiudizio.

E’ una ben magra soddisfazione per l’esportatore quella di avere, magari, ragione da un punto di vista strettamente giuridico (perché a termini di contratto la consegna si è perfezionata) se, nella realtà, il suo cliente insoddisfatto è un cliente perso o se il pagamento è intervenuto, ma con una importante decurtazione che assottiglia od elimina il margine di guadagno previsto.

E’ verissimo che, adempiuto il proprio obbligo di consegna nel punto convenuto, se l’acquirente non provvede a ritirare e a pagare la merce perché danneggiata o distrutta nel corso del viaggio, il venditore può chiamare il destinatario a rispondere delle conseguenze derivanti dalla violazione di un obbligo contrattuale.

Ma nella pratica la controversia si presenta spesso di difficile soluzione e con esito quanto mai incerto a causa dei tempi, dei costi che devono essere sostenuti e delle difficoltà a individuare le rispettive obbligazioni anche a causa di una carente regolamentazione del rapporto.

   
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