目录

  • 1 introduction
    • 1.1 course introduction
  • 2 freight forwarding industry
    • 2.1 highlight and Outline
    • 2.2 Text
    • 2.3 part A:Relevant Organizations
      • 2.3.1 FIATA
      • 2.3.2 CIFA and IATA
      • 2.3.3 IMO WTO & ICC
      • 2.3.4 Others
    • 2.4 part B: Services Scope
      • 2.4.1 on hehalf of the consignor(exporter)
      • 2.4.2 on behalf of the consignee(importer)
      • 2.4.3 other services
    • 2.5 talking about forwarding business
  • 3 international Trade
    • 3.1 highlight and outline
    • 3.2 Part A: Introduction to international trade
      • 3.2.1 part one
      • 3.2.2 part two
    • 3.3 Part B: INCOTERMS@2010
      • 3.3.1 Introduction
      • 3.3.2 term for any mode or modes of transport
      • 3.3.3 terms for sea and inland waterway transport
    • 3.4 Part C Letter of Credit
      • 3.4.1 letter of credit-definition
      • 3.4.2 procedure of L/C operation
      • 3.4.3 UCP600
  • 4 Formalities for import and export cargo
    • 4.1 highlight and outline
    • 4.2 Part A Customs Clearance
    • 4.3 Part B Inspection and Quarntine
    • 4.4 Talking about Customs Clearance
  • 5 Marine Cargo Insurance
    • 5.1 hignlight and outline
    • 5.2 Part A Principles of Marine Cargo Insurance
    • 5.3 Part B Ocean Marine Cargo Clauses
    • 5.4 Talking about Marine Cargo Insurance
  • 6 Marine Cargo Transportation
    • 6.1 highlight and outline
    • 6.2 Container Liner Shipping
    • 6.3 Marine Bills of Lading
    • 6.4 Part B Chartering
    • 6.5 Talking about Marine Cargo Transportation
  • 7 Air Cargo Transport
    • 7.1 highlight and outline
    • 7.2 Part A Air Cargo Charges
    • 7.3 Part A Rates and Waybill
    • 7.4 Part B C onsolidation
  • 8 Land Freight Transport
    • 8.1 highlight and outline
    • 8.2 Part A Rail Freight Transport
    • 8.3 Part B Road Transport of Goods
    • 8.4 Talking about Land Freight Transport
  • 9 Multimodal Transport
    • 9.1 highlight and outline
    • 9.2 Part A International Multimodal Transport
    • 9.3 Part B Container Transport
  • 10 Supply Chain Management and Logistics
    • 10.1 highlight and outline
    • 10.2 Part A Supply Chain Mangement
    • 10.3 Part B Logistics
    • 10.4 how to write a business letter
Talking about Marine Cargo Insurance

Dialogue Talking about Marine Cargo Insurance

Situation: The seller (the exporter) has one consignment of cargo tobe transported from Shanghai to London under the sales contract with CIF terms.He is consulting with the freight forwarder about marine cargo insurance.

A-the Exporter     B-the FreightForwarder

 

A: Good day, Mr. B, I have something to consult with you about marinecargo insurance.

B: Good day, Mr. A, Yes, please.

A: Do I need to contract for insurance cover against the buyer's riskof loss of or damage to the goods during the carriage by sea and why?

B: Yes, you need to do so because according to Incoterms 2010, one ofthe seller's obligations is to contract forinsurance cover against the buyer's risk of loss of or damage to the goodsduring the carriage and the buyer has no obligation to the seller to make acontract of insurance.

A: What is the amount insured?

B: If there is no indicationin thecredit of the insurance coverage required, the amount of insurance coveragemust be at least 110% of the CIF or CIP value of the goods.

A: What type of cargo insurance should I procure?

B: It depends on the L/C, if there is no indication in the credit ofthe insurance coverage required, you must obtain cargo insurance complying at least withthe minimum cover provided by Free from Particular Average (FPA)as per Ocean Marine Cargo Clauses(2009)of the PICCProperty and Casualty Company Limited or Clauses(C) ofthe Institute Cargo Clauses.