DAP/CIF shipments by Aliya
Understanding DAP and CIF Shipments
Test your knowledge of DAP and CIF shipping terms with this comprehensive quiz! Whether you're new to shipping or looking to validate your expertise, this quiz covers essential concepts that every shipping professional should know.
- Learn about responsibilities and costs in DAP and CIF shipments.
- Identify key shipping documents and their purposes.
- Enhance your understanding of shipping terminology.
In DAP shipment which entity will be responsible to bare all charges in Origin Port till Destination?
Supplier/Shipper to bare all the charges from POO and POD
Zalora/Consignee to bare all the charges
Supplier & Zalora bare the cost half/half
Supplier only cover cost at port of origin only
What is telex release in DAP shipment via (Sea Freight)?
To indicate that shipment Vessel have been booked
Notification to customs destination that OBL (Original Bill of Leading) have been surrender
Notification from destination custom to origin shipper/agent to confirm shipment have arrived at port
To indicate shipment depart from origin port
Which entity will bare what costs for CIF shipments?
Zalora/Consignee will cover the cost
Supplier/Shipper will cover all cost of cost/insurance/freight from origin – Destination until deliver to ZMY WH
Supplier/Shipper will only cover all cost until shipment arrives in destination port
Once shipment off load at destination port then only Zalora will bare the other cost
Zalora/Consignee will cover the cost from destination port to final destination
In DAP, who is the Exporter of Record in AWB/BL?
Shipper/Supplier
Agent in Origin port
Forwarder in Destination port
Buyer/Consignee
What is LOI and only be used for which modes of transport?
Letter of Insurance : which to indicate which party will bare the insurance cost and only used for Air Freight
Letter of Invoice: To notify origin & Destination port on the charges that will be applied for the shipment and only eligible for Sea Freight
Letter of Indemnity : To given a provision to certain parties as authorization to act on behalf and used for Sea Freight
Letter of immunity : To give authorization of immunity to any extra/hidden charges that include later in destination port not to be charge and eligible for both Air/Sea Freight
What is Demurrage?
Charges when container did not been unstuff within the free days provided by the Shipping liner
Container can be hold at terminal/port more then 7 days
Container permit that hold the container within the FTZ area before pointed forwarder pickup
Term that been used in terminal and forwarder to indicate the arrival of container at terminal/port
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