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What are Incoterms®?
Understanding the CIP Incoterm: Carriage and Insurance Paid to
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Understanding the CIP Incoterm: Carriage and Insurance Paid to
The CIP (Carriage and Insurance Paid To) Incoterm is one of the 11 internationally recognized trade terms defined by the International Chamber of Commerce (ICC). It outlines the responsibilities of bu...
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01
06,2025
Understanding General Rate Increases (GRIs) in Shipping
What is a General Rate Increase (GRI)?A General Rate Increase (GRI) refers to the adjustment of base ocean freight rates by carriers, typically implemented during periods of high demand or operational...
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31
05,2025
What are Incoterms®?
The Incoterms is an abbreviation for “International Commercial Terms.” This term represents a very useful way of communication and it’s actually aimed at reducing confusion between buyers and selle...
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12
10,2023
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