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Tuesday, 23 September 2014

Applicability of UNCTAD/ICC Rules



 Applicability for Multimodal Transport Document :- 


These rules apply when they are incorporated, however this is made, in writing, orally or otherwise, into a contract of carriage by reference to the “UNCTAD/ICC Rules for Multimodal Transport Document” , irrespective of whether there is a Unimodal or a Multimodal Transport Contract involving one or several modes of transport or whether a document has been issued or not.

Whenever such a reference is made, the parties agree that these rules shall supersede any additional terms of the Multimodal Transport Contract which are in conflict with these rules, expect insofar as they increased the responsibility or obligations of the Multimodal Transport Operator.

Multimodal Transport Contract means a single contract for the carriage of goods by at least two different modes of transport and Multimodal Transport Operator means the person who concludes a Multimodal Transport Contract and assumes responsibility for the performance thereof as a carrier. 

But if the goods have not been delivered within 90 consecutive days following the date of delivery determined according the rules the claimant may in the absence of evidence to the contrary, treats the goods as lost. 



Saturday, 20 September 2014

Evidentiary Effect of the Multimodal Transport Documents



Evidentiary Effect of the Multimodal Transport Documents :-

1)  The Multimodal Transport Document shall be prima facia evidence of the taking in charge by the Multimodal Transport Operator of goods as described therein.

2)   Proof of contrary by the Multimodal Transport Operator shall not be admissible if the Multimodal Transport Document issued in negotiable form and has been transferred to a third party, including a consignee, who has acted in good faith in reliance on the description of goods there in.

Negotiability and Title of the Goods :-

  By accepting the Multimodal Transport Document the consignor and his transferees agree with the Multimodal Transport Operator that, unless it is marked "non- negotiable" it shall constitute title to the goods and the holder, by endorsement of this Multimodal Transport Document, shall be entitled to  receiver to transfer the goods mentioned in this Multimodal Transport Document.



Tuesday, 22 July 2014

Size of Container Yard



It will depend upon the optimum number of containers to be store at any given time which is a function of the dwell time (DT) of containers which are separate for imports, exports and empty containers. Normally seven days for import, three days for export and 15 days for empties is considered pragmetic.

Imports = 6400 TEUs/annum or 18 per day.
At 7 days DT for each, the average inventory will be :
   18*7=126 TEUs
exports = 1600 TEU/annum or 5 TUs/day
at 3 days DT for each, average inventory will be
   5*3=15 TEUs
empties = 4800 TEUs/annum or 14 TEUs/day
at 15 days DT, average inventory will be :
   14*15 or 210 TEUs
Daily total average inventory = 126+15+210=351

The total storage capacity of CY should in the case be 351 of which the ground slot will be a fraction of the stake height. While equipment available may be capable to stake five high, full capacity can not be used for operating consideration as containers have to be shuffled for access and if the stake is full, shuffling and access become very difficult. Average staking height should therefore, be taken at 2.5. At this, the reqirement of ground slot will be
    351/2.5=140 .



Saturday, 17 May 2014

Ed News

Ed News







 Join Study is started a new program for students of South Asia . Those
students who are from low income family background and can't afford
costly tutoring service for them Join Study has started free online
tuition classes. It is really a very helpful for students of South Asia.



  Join Study is working for Skill Development in South Asia. Its free classes and free study help to the students of South Asia who are from low income family background is really appreciable . We welcome its work in entire wold and also for the professionals and students of South Asia. I think that professionals and students of South Asia has to accept this advantages  provided by Join Study.





Tuesday, 15 April 2014

Systems of Customs Security Arrangements





Customs Security is usually composed of two elements :- 

-----  A requirement for a financial guarantee to be established in the transit country by the party responsible for the transit operation to meet possible claims by the Customs, coupled with

-----  Physical measures taken by the Customs to verify that the goods are eventually re-exported.

Under the TIR guarantee system, each contracting party designated a national guaranteeing assosiation, which undertakes to act as a guarantor for all TIR carnets used for transit on the territory of the country,

Regardless of whether the carnets have been issued by the association itself or by association of other countries which are parties to the TIR Convention.

All these associations form a chain in which members are linked to each other through an International Organization, which is the International Road Transport Union (IRU).

Reference to Customs Security Arrangements in the MT Convention was limited to the following .

-----  A financial guarantee, if required, should be provided to the satisfaction of Customs authorities under regulations in force in the transit country and under International Conventions.

-----  The guarantee should cover import/export duties and taxes chargeable, and in countries where they are covered by guarantees, any penalties due, and

-----  The system of guarantees should be simple, efficient and inexpensive. 




Monday, 14 April 2014

Trade Logistics




Trade Logistics is a chain of series of links and interfaces with potential for value addition. The difference between the revenue earned by a business enterprise and the cost of bought-in materials, services and components, represent the value which a firm adds by the process of production. The value added concept is also important in that it helps in measuring productivity and profitability of an enterprise, its impact on the national economy and keeping in focus the sources of comparative advantage like logistics, marketing, sales and service.

Through optimization which is the essential function of logistics, many nations like new big economic nation India and China, also developed nation like USA and western European nations and Japan have benefited by :-

-----  Selling service rather than remaining content with the price of exporting.

-----  Simplifying documentation, customs clearance and payment formalities.

-----  Offering varied choice of delivery terms.

-----  Increase in the size of export orders.

-----  Harnessing professionals knowledge and expertise to exercising model options, cost and time trade offs.

-----  Proactive rather than reactive approach to international trade logistics.

Logistics plays a significant  role in the developed economies with its importance growing pari pasu with the increase in the share of services as compared to manufacturing .



Thursday, 10 April 2014

Period of Responsibility of Carrier




Period of Responsibility for  Liability of Carrier :-

1)  The responsibility of the carrier for the  goods under many convention covers the period during which the career is in charge of the goods at the port of loading, during the carriage and at the port of discharge.

2)  For the purpose of  this article the carrier is deemed to be in charge of the goods.

a)  from the time has taken over the goods from

-----  the shipper or a person acting on his behalf

-----  an authority or other third party to whom, pursuant to law or regulations applicable at the port of loading, the goods must be handed over the shipment.

b)  Until the time has delivered the goods.

-----  by handing over the goods to consignee.

-----  in case where the consignee does not receive the goods from the career by placing them at the disposal of the consignee in accordance with the contract or with the law or with the usage of the particular trade applicable at the port of discharge.

-----  bu handing over the goods to an authority of other third party to whom, pursuant to law or regulations applicable at the port of discharge, the goods must be handed over.

In this article reference to the carrier or to the consignee means in addition to the carrier or consignee the servants or agents respectively of the carrier or the consignee.