Certificates of Origin
WHAT IS AN ORDINARY CERTIFICATE OF ORIGIN? A Certificate of Origin (CO) helps to attest the origin of goods. There are two types of COs, namely ordinary COs and preferential COs. An ordinary CO, also known as a non-preferential CO, is a trade document that helps to identify the origin of the good. WHAT IS […]
Types of Shipping Containers
Updated: Oct 19, 2022 STANDARD DRY CONTAINER A standard container is the most common type of container in the market. It’s usually made of steel and sometimes aluminum. The aluminum containers have a slightly higher payload. In general, containers are airtight and water-resistant, preventing damage from the outside. One end of the container has doors […]
What is a Bonded Warehouse?
Imported dutiable products, often known as bonded goods, can be kept in a bonded warehouse until customs taxes and duties are paid. These are also referred to be “zero-GST warehouses” in Singapore and may be held by the government or a private company. Learn more about the many kinds of bonded warehouses, how they differ […]
What is a Switch Bill of Lading?
A Switch Bill of Lading is the second set of Bill of Lading issued by the carrier or its carrier agent. It is issued to replace the Original Bill of Lading issued at the time of shipment. It is frequently used to replace the Shipper and Consignee information from the Original Bill of Lading. Because […]
What is Free Trade Agreement (FTA)?
FTAs are legally binding international treaties signed by two or more trading partners to promote commerce by lowering trade barriers in products, services, and investments. WHO STANDS TO BENEFIT FROM FTAS? With Singapore being an open trading economy, a vast majority of imports already enter Singapore tariff-free. FTAs primarily assist Singapore exporters, especially those in […]
Ensuring Safe Transport: Additional Dangerous Goods Cargo Services in the Realm of Shipping
The transportation of dangerous goods is a critical aspect of the global economy. From chemicals and explosives to radioactive materials and flammable substances, these hazardous materials require special handling and adherence to stringent regulations. Dangerous goods shipping involves a complex network of services designed to ensure the secure and safe transport of such cargo. In […]
The Role of a Freight Forwarder in Customs Clearance: A Comprehensive Overview
In the world of international trade and logistics, the smooth movement of goods across borders is crucial. When it comes to customs clearance, a key player that facilitates this process is the freight forwarder. Acting as an intermediary between exporters, importers, and various government agencies, the freight forwarder plays a vital role in ensuring the […]
Understanding the Regulations for Importing and Exporting Hazardous Materials
Importing and exporting hazardous materials require strict adherence to regulations to ensure the safety of individuals, the environment, and property. Governments and international bodies have developed comprehensive frameworks and guidelines to control the import and export of such materials. This article will delve into the key aspects of understanding the regulations for importing and exporting […]
Air Freight Services: Delivering Global Cargo at High Speeds
In today’s interconnected world, the need for efficient and rapid transportation of goods across borders has become increasingly important. One such method that has revolutionized the logistics industry is air freight services. Air cargo shipping plays a vital role in international trade, enabling businesses to transport goods swiftly and securely to any corner of the […]
Pros and Cons of Air Freight Cargo: Analyzing the Advantages and Disadvantages
Air freight cargo has become an integral part of the global logistics industry, offering swift and efficient transportation of goods across vast distances. As businesses strive to meet tight deadlines and maintain a competitive edge, the use of air freight has gained prominence. However, like any method of transportation, air freight cargo has its pros […]
