Dear all ,
If my sale is FOB , and place of delilvery , port of loading ,port of discharge and place of delivery mentioned on letter of credit and BL is to be presented as " FREIGHT PREPAID" . How can we solve the "place of delivery" on BL if the agent book the shipment as port to port.
FOB SALE BUT FREIGHT PREPAID BL
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alibi
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abrar
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Re: FOB SALE BUT FREIGHT PREPAID BL
Depends on what your contract terms are with the applicant. Presumably, the seller is arranging to pay the freight direct to you so that you can provide a freight prepaid B/L evidencing port to port shipment. Even if the contract was on FOB terms and freight payable at destination, the B/L would still be required to evidence a port of loading and a port of discharge.
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LeThiThuHa
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Re: FOB SALE BUT FREIGHT PREPAID BL
Depends on what your contract terms are with the applicant. Presumably, the seller is arranging to pay the freight direct to you so that you can provide a freight prepaid B/L evidencing port to port shipment. Even if the contract was on FOB terms and freight payable at destination, the B/L would still be required to evidence a port of loading and a port of discharge.