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Parties and their rights and responsibilities of a letter of credit?
All parties dealing with an LC are dealing only with documents not with goods & services.it is exporter's duty to ship the goods as per the LC and submit the documents within the stipulated time for negotiation.
What is demurrage?
the detention of the ship by the freighter beyond the time allowed for loading, unloading or sailing. in business terms it is the amount which is paid as a compensation due to delay happened in shipment of goods.
What does 'shore leave' mean?
Shore leave originally is a maritime term and refers to free time that the crew of a ship would receive when they would arrive back on land. This "shore leave" allowed them to spend free time there as long as they would report back to the ship on time.
Mns-2 payment terms?
MNS2 Payment Terms MNS2 payment is made on the 2nd business day of the 2nd month following the receipt of your goods or services. For example, you shipped widgets on July 29th. The warehouse received them on August 1st. Your payment will be made on the 2nd month (October) and the 2nd business day (October 2nd). Example 2: You ship goods on July 15th. Warehouse receives the goods on July 17th. You will be paid on the 2nd month (September) and the 2nd business day (September 2).
The person in charge of a ship?
The person in charge of a ship is the Captain.
The goods of a clipper ship?
gold, silver
Who invented the clipper ship?
Donald Mckay invented the clipper ship:)
Where was the clipper ship invented?
The first clipper ships were English.
Who invented the clipper?
Donald Mckay invented the clipper ship:)
How many separate sails did a clipper ship have?
the Clipper had 3 or more masts
Who captains a sailing ship hinky pinkies?
clipper skipper
What is a hinky pinky for who captains a sailing ship?
a clipper skipper
What did clipper ship transport?
wood
What did a clipper ship do?
It carried cargo.
What does freighter mean?
It is a large cargo vessel used to carry goods across the oceans from one country to another.
Who invented a ship?
Donald Mckay invented the clipper ship.
Who made the clipper ship?
donald mckaythe clipper sail boat has about twenty sails
