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INVITATION TO BID AND TERM OF REFERENCE (TOR) Time Charter Vessel Procurement1 (one) Unit Small I TO / Artur (3,000 KL) Layman 10 12 March 2020 No. 0459/R20110/2020S6 Date: 10 February 2020LEMBAR
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Understand the specific terms commonly used in shipping such as FOB, CIF, EXW, DAP, etc.
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Who needs terms used in shipping?

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Importers and exporters involved in international trade
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Manufacturers and suppliers shipping products to customers
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Terms used in shipping refer to the specific conditions, rules, and agreements related to the transportation of goods from one location to another.
Anyone involved in the shipping process, including shippers, carriers, and freight forwarders, may be required to file terms used in shipping.
Terms used in shipping can be filled out by providing detailed information about the agreed upon conditions for the transportation of goods, including payment terms, delivery schedules, and liability clauses.
The purpose of terms used in shipping is to establish clear guidelines and agreements between parties involved in the shipping process to ensure a smooth and efficient transportation of goods.
Information such as payment terms, delivery schedules, liability clauses, and any special conditions or requirements related to the transportation of goods must be reported on terms used in shipping.
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