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The ABCs of container shipment

Author Name: Rupnarayan Bose | Format: Paperback | Genre : Technology & Engineering | Other Details

For the uninitiated, the world of container shipment could be ‘a jungle out there’. For example, does one know what distinguishes a port from a seaport or a dry port? How does one define a berth, quay, pier, jetty and a CFS? What separates a container depot from a container yard, or a container port from a container terminal? Can one describe all the stages (with variations) of a container’s journey from the seller/exporter to the buyer/importer? How are the goods in containers “delivered” (as defined by the Incoterms 2020 rules) to the buyer? Does “delivery” – and hence the applicable Incoterms rule – vary with the mode of carriage? What are “on-dock CY” and “off-dock CY”? What is the difference between “dwell time” and “lay time”, between “demurrage” and “detention”? Not to forget terms such as LCL, FCL, CFS, CY, FIOS, CY/CY, CFS/CFS, the 'liner terms' and several such. What precisely each of these jargons peculiar to the container transportation industry mean? 

This book will help you understand the basics of container transportation and the terminologies that drive this world. It will also go a long way in better appreciation of the ICC Incoterms 2020.

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Rupnarayan Bose

Rupnarayan Bose was with the State Bank of India for the major part of his professional career. Later, he was with Diamond Trust Bank, Kenya, and served as the Managing Director of both Fina Bank Ltd., Nairobi (Kenya) as well as TransAfrica Bank Ltd., Kampala (Uganda), before returning to India to pursue his interests in academics. 

Presently, his areas of interest are inn Trade Finance, export-import trade rules and procedure, the rules of the International Chamber of Commerce (ICC), Paris. He has authored several books on international trade, his recent ones being, “Letters of credit: Theory and practice”,  “Beyond Trade Finance” and "Understanding Trade Finance". All have received worldwide acclaim. A large number of his articles on international trade and other topics have been published in reputed journals in India and abroad. He delivers lectures on settlement risk management, documentary credits, the Incoterms rules, guarantees, exchange risk management etc. at various forums in India and overseas. 

He is a visiting faculty at the Indian Institute of Foreign Trade, and is a member of the Board of Studies at NSOU, Govt. of W.B. He is fully engaged in his passions for writing, sharing his knowledge of trade finance as a faculty and trainer, and in travelling.

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