国际贸易实务(英文版)(第二版)ppt周瑞琪5.Cargo Transportation
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Chapter 5International Cargo Transport《外贸英语》PPT课件
on to railway trucks；the roads are provided for all the road users and all that
required is the capital cost of a vehicle and payment of its running costs，while it has
crates and lighter packing may save custom duties when these are levied on
weight. But bad weather may restrict flights，costly airports are required and
and sea without unloading and reloading. The danger of damage to delicate
articles is reduced. Goods sent by air do not require packing in heavy and costly
to construct their own permanent way for railways；roads are faster than railways for
short journeys，while railways are good for the transport of large quantities of heavy
based on actual weight for heavy cargo or measurement for large volume cargo
and not affected by the value of the goods. High⁃speed means shorter periods of
国际贸易实务(英文版)(第二版)(PPT),帅建林,978-7-5663-0314-1
Balance of Payments The balance of payment = the difference between money coming into a country and money going out of the country + money flows coming into or leaving a country from other factors. favorable balance of payments VS unfavorable balance of payments
In contrast, portfolio or indirect investments, are chiefly motivated by short- to medium-term profits. They may include equity investments that do not involve an active role in management or bonds and other debt instruments issued by foreign companies and governments. As financial markets around the world become increasingly integrated in recent years, international portfolio investments have become popular with investors as a vehicle of diversification further hastening the process of international financial integration.
In contrast, portfolio or indirect investments, are chiefly motivated by short- to medium-term profits. They may include equity investments that do not involve an active role in management or bonds and other debt instruments issued by foreign companies and governments. As financial markets around the world become increasingly integrated in recent years, international portfolio investments have become popular with investors as a vehicle of diversification further hastening the process of international financial integration.
国际贸易实务双语Chapter 5
Cargo transportation insurance is essential for businesses engaging in international trade, especially those shipping large quantities of goods by boat. Specific terms and benefits vary widely across the world and many cargo transportation insurance policies are custom tailored for specific shipments, but a few general principles apply to the entire industry.
Different types of cargo transportation insurance. Different types of cargo transportation insurance exist. There are, as a general rule, three types of cargo transportation insurance to choose from. 1. FPA (free of particular average), also known as total loss coverage. This is the minimum coverage in general use. It covers losses due to a ship or aircraft being totally lost. Partial loss is not covered, except to a limited extent and in particular circumstances. Which partial losses are covered and under what conditions vary according to national practice.
Different types of cargo transportation insurance. Different types of cargo transportation insurance exist. There are, as a general rule, three types of cargo transportation insurance to choose from. 1. FPA (free of particular average), also known as total loss coverage. This is the minimum coverage in general use. It covers losses due to a ship or aircraft being totally lost. Partial loss is not covered, except to a limited extent and in particular circumstances. Which partial losses are covered and under what conditions vary according to national practice.
unit 6.Cargo Transportation Insurance(xin) 国际贸易与实务(周瑞琪版)
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Analysis so long as we ship all the goods during May to June, the letter of credit has not to be amended. According to UCP600 Section 31A,”unless there are other stipulations, transshipment and partial shipment is allowed”.
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Case 1: Questions:
Was it transshipment? Why? Could the seller safely get financed? Why?
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Case 1:
(1) it is transshipment. According to UCP600:”transshipment means unloading form one means of conveyance and reloading to another means of conveyance (whether or not in different modes of transport) during the carriage from the place of dispatch, taking in charge or shipment to the place of final destination stated in the credit.” While in this case, the goods were shipped by “Wuyi” on 31st, July and shipped by “Triumph” on 15th, August. Both ships were totally different, so it was transshipment.
Analysis so long as we ship all the goods during May to June, the letter of credit has not to be amended. According to UCP600 Section 31A,”unless there are other stipulations, transshipment and partial shipment is allowed”.
SEIB OF GDUFS 1
Case 1: Questions:
Was it transshipment? Why? Could the seller safely get financed? Why?
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2
Case 1:
(1) it is transshipment. According to UCP600:”transshipment means unloading form one means of conveyance and reloading to another means of conveyance (whether or not in different modes of transport) during the carriage from the place of dispatch, taking in charge or shipment to the place of final destination stated in the credit.” While in this case, the goods were shipped by “Wuyi” on 31st, July and shipped by “Triumph” on 15th, August. Both ships were totally different, so it was transshipment.
国际贸易实务(英文版)(第二版)ppt周瑞琪4.Terms of Commodity
Tetracycline HCL Tablets (Sugar Coated) 250mg. B. P. 1973 China Northeast Soybean 2006 New Crop, F. A. Q: Moisture 15% max. Admixture 1% max.
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Sony Televisions Haier Refrigerators Tigerhead batteries Panasonic Television, TH-42PV65C
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4.2 Quality stipulation –Sale by description
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4.2 Quality stipulation –Sale by description
Sale by standard
when specifications or grades are laid down and proclaimed in a unified way, they become standards. Example
4.2 Quality
Definition:
refers to the intrinsic elements of commodities including the internal properties or ingredients as well as the external appearance..
G.M.Q.:
the quality of the goods offered are sufficiently good to satisfy the purposes for use or consumption which are mutually understood by the buyer and the seller used sometimes as the bottom-line of quality requirement.
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Sony Televisions Haier Refrigerators Tigerhead batteries Panasonic Television, TH-42PV65C
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4.2 Quality stipulation –Sale by description
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4.2 Quality stipulation –Sale by description
Sale by standard
when specifications or grades are laid down and proclaimed in a unified way, they become standards. Example
4.2 Quality
Definition:
refers to the intrinsic elements of commodities including the internal properties or ingredients as well as the external appearance..
G.M.Q.:
the quality of the goods offered are sufficiently good to satisfy the purposes for use or consumption which are mutually understood by the buyer and the seller used sometimes as the bottom-line of quality requirement.
国际贸易实务(英文版)(第二版)ppt周瑞琪5.Cargo Transportation.ppt
know other modes of transportation in terms of their features, suitability and freight calculation
be aware of the importance of ocean bill of lading and its different types
Minimum rate
USD150/B/L
Open rate
To be negotiated
Figure 5.1 Examples of Liner Freight Rate
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5.1.1 Liner transportation
Surcharges
Bunker Surcharge
describe a range of other transportation documents stipulate delivery clause in a sales contract
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5.1 Ocean Transportation
Liner transportation Charter transportation
non-conference liners
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5.1.1 Liner transportation
Liner Freight
= basic freight rate + surcharges and additional
Calculation formula of liner freight
Total Freight
= Total Quantity × Basic Freight Rate
be aware of the importance of ocean bill of lading and its different types
Minimum rate
USD150/B/L
Open rate
To be negotiated
Figure 5.1 Examples of Liner Freight Rate
SEIB OF GDUFS
6
5.1.1 Liner transportation
Surcharges
Bunker Surcharge
describe a range of other transportation documents stipulate delivery clause in a sales contract
SEIB OF GDUFS
2
5.1 Ocean Transportation
Liner transportation Charter transportation
non-conference liners
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4
5.1.1 Liner transportation
Liner Freight
= basic freight rate + surcharges and additional
Calculation formula of liner freight
Total Freight
= Total Quantity × Basic Freight Rate
国际贸易实务(英文版)(第二版)ppt周瑞琪5.Cargo-Transportation
Bulky cargo additional e.g. for cargo over 6cbm per unit
…
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5.1.1 Liner transportation
Freight calculation: Illustration
Suppose: Company A exports 1000 cases of Commodity Y to London. The volume per case is 40cm x 30cm x 20cm, and the gross weight is 30kg per case. For Commodity Y, the freight rate basis is W/M, and the Freight Tariff (China — London) is USD230, with a 10% port surcharge. How much is the total freight?
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5.2.1 Air Transportation
Types of air transportation
scheduled airlines chartered carriers consolidated consignment air express
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5.1.2 Charter transportation
Characteristics
No fixed routes No fixed timetables Freight charged on the volume of cargo Suitable for cargo of a complete shipload (e.g. bulk
…
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5.1.1 Liner transportation
Freight calculation: Illustration
Suppose: Company A exports 1000 cases of Commodity Y to London. The volume per case is 40cm x 30cm x 20cm, and the gross weight is 30kg per case. For Commodity Y, the freight rate basis is W/M, and the Freight Tariff (China — London) is USD230, with a 10% port surcharge. How much is the total freight?
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5.2.1 Air Transportation
Types of air transportation
scheduled airlines chartered carriers consolidated consignment air express
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10
5.1.2 Charter transportation
Characteristics
No fixed routes No fixed timetables Freight charged on the volume of cargo Suitable for cargo of a complete shipload (e.g. bulk
国际贸易实务英文版第二版周瑞琪5CargoTransportation
non-conference liners
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4
5.1.1 Liner transportation
Liner Freight = basic freight rate + surcharges and additional
Calculation formula of liner freight
Total Freight = Total Quantity × Basic Freight Rate × (1+ Surcharge /Additional Rates)
Basic Freight Rate: quoted by the carrier
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5.1.1 Liner transportation
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5.1.1 Liner transportation
Additional
Heavy lift additional e.g. for cargo over 5 MT per unit
Lengthy cargo additional e.g. for cargo over 9m per unit
Bulky cargo additional e.g. for cargo over 6cbm per unit
…
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5.1.1 Liner transportation
Freight calculation: Illustration
Suppose: Company A exports 1000 cases of Commodity Y to London. The volume per case is 40cm x 30cm x 20cm, and the gross weight is 30kg per case. For Commodity Y, the freight rate basis is W/M, and the Freight Tariff (China — London) is USD230, with a 10% port surcharge. How much is the total freight?
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5.1.1 Liner transportation
Additional
Heavy lift additional e.g. for cargo over 5 MT per unit
Lengthy cargo additional e.g. for cargo over 9m per unit
语言资格考试PPT
3
5.1.1 Liner transportation
Liner: definition
a vessel with regular sailings and arrivals
sailing on a fixed (regular) sailing route
calling at fixed (regular) base ports
语言资格考试PPT
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5.1.1 Liner transportation
Solution:
W: 30kg = 0.03 M/T
M: 0.4 x 0.3 x 0.2 = 0.024 m3
W > M, “W” is the freight basis for the calculation of freight
Minimum rate
USD150/B/L
Open rate
To be negotiated
Figure 5.1 Examples of Liner Freight Rate
语言资格考试PPT
6
5.1.1 Liner transportation
Surcharges
Bunker Surcharge
(bunker adjustment factor/BAF)
Currency Surcharge
(currency adjustment factor/CAF)
Port Congestion Surcharge
Transshipment Surcharge
Port Surcharge
பைடு நூலகம்
…
语言资格考试PPT
Total Freight
= Total Quantity × Basic Freight Rate × (1+ Surcharge/Additional Rates)
= 1000 cases × 0.03 M/T × USD230 × ( 1 +10%)
non-conference liners
语言资格考试PPT
4
5.1.1 Liner transportation
Liner Freight
= basic freight rate + surcharges and additional
Calculation formula of liner freight
Total Freight
= Total Quantity × Basic Freight Rate
×
(1+ Surcharge /Additional Rates)
Basic Freight Rate: quoted by the carrier
语言资格考试PPT
5
5.1.1 Liner transportation
Bulky cargo additional e.g. for cargo over 6cbm per unit
…
语言资格考试PPT
8
5.1.1 Liner transportation
Freight calculation: Illustration
Suppose: Company A exports 1000 cases of Commodity Y to London. The volume per case is 40cm x 30cm x 20cm, and the gross weight is 30kg per case. For Commodity Y, the freight rate basis is W/M, and the Freight Tariff (China — London) is USD230, with a 10% port surcharge. How much is the total freight?
know other modes of transportation in terms of their features, suitability and freight calculation
be aware of the importance of ocean bill of lading and its different types
describe a range of other transportation documents stipulate delivery clause in a sales contract
语言资格考试PPT
2
5.1 Ocean Transportation
Liner transportation Charter transportation
adopting a comparatively fixed timetable
charges at comparatively fixed freight rates
freight inclusive of loading & unloading cost
Liner: types
conference liners
Chapter Five
Cargo Transportation
语言资格考试PPT
1
Learning objectives
After learning this chapter you will be able to
understand the importance of ocean transportation and how liner freight is obtained
Typical Rate Basis
Examples
W: Weight Ton
USD80/Ton
M: Measurement Ton
USD80/Ton
W/M
USD80/Ton
Ad Valorem (A.V.)
0.1% of FOB Value
Unit
USD60/Unit
Head
USD15/Head