Sunday, May 20, 2012
             

Contracts

A contract is an exchange of promises between two or more parties to do or refrain from doing an act which is enforceable in a court of law. It is where an unqualified offer meets a qualified acceptance and the parties reach Consensus ad Idem. The parties must have the necessary capacity to contract and the contract must not be either trifling, indeterminate, impossible or illegal.

CFR - Cost and Freight

CFR Cost and Freight (... named port of destination) This topic is available only in Russian language.

BCL - Bank Confirmation Letter

BCL - Bank Comfort Letter
Also known as a Bank Capability Letter, or Bank Confirmation Letter, this is a letter from the Buyer's bank confirming his ability to meet a certain level payment requirements. This letter states that the Buyer has sufficient funds to cover the cost of the order. It should however be understood that this does not imply any guarantee of payment.

BCL from Buyers' bank

Bank Name:_ Bank Address:_

Bank Confirmation Letter (BCL) Dated __ / __ / 20__

Dear Sirs,

This is to confirm our mutual client _ (company name) maintain a banking account with us.

At their instructions we, _ (bank name) with full authority and mandate hereby confirm that the said client are willing and financially able to initiate this process of goods of 000.000 metric tons (Litre, Cans, Bags etc.).

Bill of Lading Congenbill

BILL OF LADING

TO BE USED WITH CHARTER-PARTIES
CODE NAME: CONGENBILL
EDITION 1994
ADOPTED BY
THE BALTIC AND INTERNATIONAL
MARITIME CONFERENCE (BIMCO)
Conditions of Carriage.
(1)All terms and conditions, liberties and exceptions of the Charter Party, dated as overleaf, are herewith incorporated. The Carrier shall in no case be responsible for loss of or damage to cargo arisen prior to loading and after discharging.

Bill of Lading MSC terms

MSC - Mediterranean Shipping Company

  
Standard Terms and Conditions of the Contract of Carriage

RECEIVED by the Carrier in apparent good order and condition (unless otherwise stated herein) the total number or quantity of Containers or other packages or units indicated in the box entitled Carriers Receipt for carriage subject to all the terms and conditions hereof from the Place of  Receipt or Port of Loading to the Port of Discharge or Place of Delivery, whichever is applicable.

Bill of Lading ZIM

TERMS AND CONDITIONS OF BILL OF LADING of ZIM Lines


1. CONTAINER CARRIAGE:

The Carrier is entitled to carry goods in containers under this Bill of Lading by Zim or any other Zim Lines or otherwise in accordance with Zim’s container relay system which system is comprised of container terminals main container vessels, and feeder vessels and to relay the goods between them. Such relay and/or transshipment from one vessel to another and/or to any other means of transportation shall in no way constitute a deviation from the contracted voyage and the Carrier continues to be responsible for the transportation of the goods from the port of loading and/or the place of receipt of goods, whichever is the case, until the port of destination or final destination as contracted for. The contract of carriage evidenced by this Bill of Lading, the route,

Brokerage

This Code of Practice is for the guidance of Brokers and their clients engaged Trades. It sets out the ideal procedures to follow and failure to comply with the Code does not in itself invalidate a contract or agreement between two contracting parties.

This Code of Practice is for the use of Brokers who have negotiated the confirmation terms of a contract between sellers and buyers using as a basis and incorporating the appropriate standard contract terms.
Where there is one Broker to a transaction he is deemed to be acting on behalf of both sellers and buyers; referred to here as the 'Principals'. Where there are two Brokers to a transaction, they are each deemed to be acting for and on behalf of the principal to the contract by whom they were engaged.

Certificate Non Radioactivity

Blank form of Non Radioactivity Certificate could be used for conformity quality of goods to radioactivity standards.

Certificate of FCR

Blank of FCR - Forwarder Certificate of Receipt could be used for keeping goods on behalf of bank by forwarders.

Certificate of Origin

Blank form of Certificate of Originto be used for corformity origin of goods.

Certificate Phito

Blank form of Phitosanytary Certificatecould be used for conformity quality of goods to phitosanitary standards.

Certificate Quality GSI

Blank Form of Certificate Quality (Grain State Inspection)

Subcategories

  • F Contracts

    This section for negotiations and conclusions of contracts various commodities, Incoterms basis, standard contracts (GAFTA, FOSFA), way of payments (LC, BG, CAD) and etc., as it mentioned below in sections terms. Contract could be present for you based on specific condition of your commodity and terms.

    Section is for contracts on F basis as per Incoterms 2010 such as FOB, FAS, FCA

    Article Count:
    8
  • C Contracts

    This section for negotiations and conclusions of contracts various commodities, Incoterms basis, standard contracts (GAFTA, FOSFA), way of payments (LC, BG, CAD) and etc., as it mentioned below in sections terms. Contract could be present for you based on specific condition of your commodity and terms.

    Section is for contracts on C basis as per Incoterms 2010 such as CPT, CFR, CIF, CIP

    Article Count:
    3
  • Commodity Broker

    This Code of Practice is for the guidance of Brokers and their clients engaged Trades. It sets out the ideal procedures to follow and failure to comply with the Code does not in itself invalidate a contract or agreement between two contracting parties.

    Article Count:
    10
  • FEA

    Foreign-economic activity

    Article Count:
    3
  • Payment

    Payment

    Article Count:
    4
  • Incoterms

    Incoterms 2010

    Article Count:
    11
  • FOSFA

    The Federation of Oils, Seeds and Fats Associations (FOSFA).

    Article Count:
    20
  • GAFTA

    THE GRAIN AND FEED TRADE ASSOCIATION.

    Article Count:
    16
  • Carriage

    Carriage. 

    Documents of foreign trade.

    Common export documents.

    Article Count:
    15
  • Inspections

    General Conditions for Inspection and Testing Services

    Article Count:
    6

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