suicide3011
Recruit
★★★★
- Joined
- Feb 28, 2022
- Posts
- 358
[UWSL]Parties to International Trade[/UWSL]
[UWSL]The cargoes are shipped to its destination because someone has bought them. This person[/UWSL]
[UWSL]is referred to as the ‘buyer’. This person may sometime be referred to as the ‘receiver’ or[/UWSL]
[UWSL]the ‘consignee’. The person who originally owns the goods is referred to as the ‘seller’.[/UWSL]
[UWSL]This person may sometimes be referred to as the ‘consignor’.[/UWSL]
[UWSL]The ship is the vehicle that carries the cargoes across the seas or oceans. The person who[/UWSL]
[UWSL]owns the ship is the shipowner and if he manages and operates the ship himself the[/UWSL]
[UWSL]company which he operates under is known as the shipowning company. If someone else[/UWSL]
[UWSL]other than the shipowner manages and operates the ship, that person may be known as the[/UWSL]
[UWSL]ship manager or ship operator and the company in which he operates under is known as[/UWSL]
[UWSL]the ship management or ship operating company. Regardless of the above arrangement,[/UWSL]
[UWSL]anyone who provides the ship and contracted to carry goods across the sea, becomes[/UWSL]
[UWSL]known as the ‘carrier’.[/UWSL]
[UWSL]A relationship exist between the seller-carrier-buyer by the fact that the cargo are placed[/UWSL]
[UWSL]on board the ship at the port of loading, transported over the sea by the carrier and[/UWSL]
[UWSL]discharged at the port of destination. Such relationships give rise to responsibilities and[/UWSL]
[UWSL]liabilities between parties. The responsibilities and liabilities are govern by international[/UWSL]
[UWSL]and national law. The law that governs the carriage of goods from the point where the[/UWSL]
[UWSL]carrier takes over responsibilities for the safety of the cargoes from the seller, their[/UWSL]
[UWSL]transportation at sea until the cargoes delivery to the buyer is known as the[/UWSL][UWSL] [/UWSL][UWSL]Law of[/UWSL]
[UWSL]Carriage of Goods by Sea (LCGBS).[/UWSL][UWSL] [/UWSL][UWSL]It should be noted, that LCGBS only covers the[/UWSL]
[UWSL]period from when the carrier received the goods onboard until it is discharged from the[/UWSL]
[UWSL]ship.[/UWSL]
[UWSL]Port A[/UWSL]
[UWSL]Port B[/UWSL]
[UWSL]Shipper[/UWSL]
[UWSL]Freight Forwarder[/UWSL]
[UWSL]Insurer[/UWSL]
[UWSL]Banker[/UWSL]
[UWSL]Receiver[/UWSL]
[UWSL]Consignee[/UWSL]
[UWSL]Insurer[/UWSL]
[UWSL]Banker[/UWSL]
[UWSL]Carrier:[/UWSL]
[UWSL]- shipowner[/UWSL]
[UWSL]- charterer[/UWSL]
[UWSL]Insurer[/UWSL]
[UWSL]PARTIES TO INTERNATIONAL TRADE[/UWSL]
[UWSL]2.2[/UWSL][UWSL] [/UWSL][UWSL]Contract of Affreightment[/UWSL]
[UWSL]When a shipowner, either directly or through an agent, undertakes to carry goods by sea,[/UWSL]
[UWSL]or to provide a vessel for that purpose, the arrangement is known as a contract of[/UWSL]
[UWSL]affreightment (COA). Such contracts may take a variety of forms.[/UWSL]
[UWSL]The cargoes are shipped to its destination because someone has bought them. This person[/UWSL]
[UWSL]is referred to as the ‘buyer’. This person may sometime be referred to as the ‘receiver’ or[/UWSL]
[UWSL]the ‘consignee’. The person who originally owns the goods is referred to as the ‘seller’.[/UWSL]
[UWSL]This person may sometimes be referred to as the ‘consignor’.[/UWSL]
[UWSL]The ship is the vehicle that carries the cargoes across the seas or oceans. The person who[/UWSL]
[UWSL]owns the ship is the shipowner and if he manages and operates the ship himself the[/UWSL]
[UWSL]company which he operates under is known as the shipowning company. If someone else[/UWSL]
[UWSL]other than the shipowner manages and operates the ship, that person may be known as the[/UWSL]
[UWSL]ship manager or ship operator and the company in which he operates under is known as[/UWSL]
[UWSL]the ship management or ship operating company. Regardless of the above arrangement,[/UWSL]
[UWSL]anyone who provides the ship and contracted to carry goods across the sea, becomes[/UWSL]
[UWSL]known as the ‘carrier’.[/UWSL]
[UWSL]A relationship exist between the seller-carrier-buyer by the fact that the cargo are placed[/UWSL]
[UWSL]on board the ship at the port of loading, transported over the sea by the carrier and[/UWSL]
[UWSL]discharged at the port of destination. Such relationships give rise to responsibilities and[/UWSL]
[UWSL]liabilities between parties. The responsibilities and liabilities are govern by international[/UWSL]
[UWSL]and national law. The law that governs the carriage of goods from the point where the[/UWSL]
[UWSL]carrier takes over responsibilities for the safety of the cargoes from the seller, their[/UWSL]
[UWSL]transportation at sea until the cargoes delivery to the buyer is known as the[/UWSL][UWSL] [/UWSL][UWSL]Law of[/UWSL]
[UWSL]Carriage of Goods by Sea (LCGBS).[/UWSL][UWSL] [/UWSL][UWSL]It should be noted, that LCGBS only covers the[/UWSL]
[UWSL]period from when the carrier received the goods onboard until it is discharged from the[/UWSL]
[UWSL]ship.[/UWSL]
[UWSL]Port A[/UWSL]
[UWSL]Port B[/UWSL]
[UWSL]Shipper[/UWSL]
[UWSL]Freight Forwarder[/UWSL]
[UWSL]Insurer[/UWSL]
[UWSL]Banker[/UWSL]
[UWSL]Receiver[/UWSL]
[UWSL]Consignee[/UWSL]
[UWSL]Insurer[/UWSL]
[UWSL]Banker[/UWSL]
[UWSL]Carrier:[/UWSL]
[UWSL]- shipowner[/UWSL]
[UWSL]- charterer[/UWSL]
[UWSL]Insurer[/UWSL]
[UWSL]PARTIES TO INTERNATIONAL TRADE[/UWSL]
[UWSL]2.2[/UWSL][UWSL] [/UWSL][UWSL]Contract of Affreightment[/UWSL]
[UWSL]When a shipowner, either directly or through an agent, undertakes to carry goods by sea,[/UWSL]
[UWSL]or to provide a vessel for that purpose, the arrangement is known as a contract of[/UWSL]
[UWSL]affreightment (COA). Such contracts may take a variety of forms.[/UWSL]