FOB Destination The most common international trade terms are Incoterms, which the International Chamber of Commerce publishes, though firms that ship goods within the U.S. must adhere to the ...

You’ve finally sourced the perfect product from China. The price looks right, the supplier is responsive, and you’re ready to place your first order. But then comes the freight quote—and suddenly, ...

Definition: Dry docking is a term used for repairs or when a ship is taken to the service yard. During dry docking, the whole ship is brought to a dry land so that the submerged portions of the hull ...