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  • Shipment Process

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    Sukanta Brahma
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    The document describes the export shipment process and commercial process. The shipment process involves loading the goods at the place of receipt and transporting them via two journey legs to the place of delivery, which may involve transshipment at an intermediate port. The commercial process outlines the steps involved in issuing a letter of credit, including the bank transferring money, exporting submitting house bills of lading, and various parties providing delivery orders and notices as the goods move from origin to destination. It also describes three types of haulage for transporting goods - merchant haul, where the shipper or consignee arranges transport, and carrier haul, where the carrier takes responsibility for transport.

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    The document describes the export shipment process and commercial process. The shipment process involves loading the goods at the place of receipt and transporting them via two journey legs to the place of delivery, which may involve transshipment at an intermediate port. The commercial process outlines the steps involved in issuing a letter of credit, including the bank transferring money, exporting submitting house bills of lading, and various parties providing delivery orders and notices as the goods move from origin to destination. It also describes three types of haulage for transporting goods - merchant haul, where the shipper or consignee arranges transport, and carrier haul, where the carrier takes responsibility for transport.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views3 pages

    Shipment Process

    Uploaded by

    Sukanta Brahma
    The document describes the export shipment process and commercial process. The shipment process involves loading the goods at the place of receipt and transporting them via two journey legs to the place of delivery, which may involve transshipment at an intermediate port. The commercial process outlines the steps involved in issuing a letter of credit, including the bank transferring money, exporting submitting house bills of lading, and various parties providing delivery orders and notices as the goods move from origin to destination. It also describes three types of haulage for transporting goods - merchant haul, where the shipper or consignee arranges transport, and carrier haul, where the carrier takes responsibility for transport.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Export Cycle

    Shipment Process
    Place of receipt Ex Works Loaded Discharged Loaded for Delivered LOAD PORT DISCHARGE PORT On Carriage

    Pre Carriage

    Received TRANSHIPMENT PORT T/S Load

    Journey Leg 2 1

    Place of delivery

    T/S Discharge Prepared by Sandip Goswami

    Door Delivered

    Export Cycle

    Commercial Process
    Beneficiary Bank Transfer money as per LC Send 3 HBL in possession Intimation Of LC Issued 3HBL Submitted Payment Credited Informs LC Issued Bank Charges Paid and 3HBL Collected Statement to Issue LC Informs 3HBL Received
    Cargo Owners

    Issuing Bank

    Advice to Issue LC Exporters SI sent to Forwarder 3HBL Issued Freight Paid to Forwarder 3MBL Issued 3MBL Couriered 3HBL Submitted & Destination Charges Paid Carrier Delivery Order Issued

    Importers

    Forwarder Delivery Order Issued

    Forwarders POL

    Forwarders POD Arrival Notice Sent 3MBL Submitted & Destination Charges Paid

    SI sent to Liner

    Origin Charges Paid to Liner Carrier POL

    SOB Information Transmitted Carrier POD

    Prepared by Sandip Goswami

    Export Cycle
    Merchant Haul

    Haulage
    Shipper takes the responsibility Merchant Haul

    Consignee takes the responsibility

    Carrier takes the responsibility Carrier Haul

    Carrier takes the responsibility

    Carrier Haul

    Prepared by Sandip Goswami

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