Shipping shipment clause

In negotiating the transaction, both the buyer and the seller must deliver the time and destination of shipment, whether partial shipments and transhipment, transport operators and other issues properly, and that specifically in the contract. Clear, reasonable shipment terms, is to ensure that the import and export of the successful performance of the contract is an important condition.

Shipment clause and its specific and contracts of the nature and mode of transportation is closely related to. China's import and export contract is for the most part F.O.B., C.I.F. and C.F.R. contract, and most of the goods are transported by sea. In accordance with international trade practices, in the above conditions, the seller as long as the goods of the contract in the port of shipment performance delivery procedures, access to clean shipping documents, and it is the buyer or its agent, namely complete delivery obligations. Therefore, the contract terms of shipment time of shipment, shipment shall include port, port of destination, whether to allow transshipment and partial shipment, shipment, and demurrage despatch clause, etc..

Time of shipment:

Time of shipment, shipment ( also known as time of shipment ), is the main condition of the contract of sale, such as breach of this condition, the buyer has the right to cancel the contract, seller compensate the loss of product requirements.

Port of loading and port of destination:

Port of shipment ( port of shipment ) is the port where goods are shipped. Port of destination ( port of destination ) refers to the final port of discharge.

Partial shipment and transshipment:

The so-called partial shipment ( partial shipment ) refers to a transaction of goods, divided into a plurality of shipment. According to the" uniform customs and Practice for Documentary Credits" provisions, the same vessel, the same voyage in several shipments, even if the bill of lading indicate different shipping date and ( or ) of different loading port, also do not make partial shipment. In bulk goods trading, buyers and sellers according to the number of delivery, transport conditions and market price need factors such as may be specified in the contract, partial shipment clause.

Advice of shipment:

Advice of shipment ( shipping advice ) is in the charter transport bulk cargo import and export situation, it in the contract agreed to the terms of. Provisions of this clause is to clear both liability, prompting both mutual cooperation, common good cargo articulation work.

Time for loading and unloading, loading rate and demurrage, despatch clause

(1) the loading and unloading time:

The loading and unloading time ( lay time ) refers to allow completion of loading and unloading tasks the agreed time, it generally expressed as the number of days or hours.

(2) loading and unloading rate:

The rate of loading and unloading, refers to the daily loading and unloading of the cargo quantity. Rate of loading and unloading specifically identified, generally should be in accordance with the habits of the normal loading and unloading speed, grasp the principle of seek truth from facts. Loading and unloading rate, matter to finish loading and unloading task time and freight, loading and unloading rate set too high or too low are inappropriate. Set too high, do not finish loading and unloading task, must bear the demurrage (demurrage ) loss; vice set too low, it can be completed ahead of time handling tasks, can get the ship despatch fee ( despatch money ), but the ship for loading and unloading rate is low, the ship in the long and increase freight charterer, resulting in the loss outweighs the gain. Therefore, loading rate should be regulated properly.

(3) demurrage and dispatch money:

If the agreed to allow loading and unloading time failed to finish due to cargo handling, ship in harbor time extended to the ship, the economic losses caused by delay, loss during the day, should be agreed to give the ship a certain amount of compensation, the compensation that demurrage. Conversely, if agreed by the loading time and loading rate, to finish handling tasks. Make the ship to save the ship in the port of expenses, the ship will get the benefit of a portion to the charterer as a reward, called despatch money. By convention, despatch fee generally despatch. Demurrage and despatch fee usually agreed to every certain amount, less than a day, according to the proportion.