1、Chapter 4 Shipment,Introduction:The shipment clause is an integral and important part of a contract signed between buyers and sellers.It involves the time of shipment,the ports of loading and destination,means of conveyance,the shipping documents.Before shipment,the buyers generally send their shipp
2、ing requirements to the sellers,informing them of the packing and mark,mode of transportation,etc.,known as the Shipping Instructions.,On the other hand,the sellers(or the exporters)usually send a notice to the buyers immediately after the goods are loaded on board the ship,advising them of the ship
3、ment,especially under FOB or CFR terms.Such a notice,known as the Shipping Advice,may include the following:Contract and/or L/C number(s),name of commodity,number of packages,total quantity shipped,name of vessel and its sailing date and sometimes even the total value of the goods,as the requirement
4、s may be.Shipment covers rather a wide range of work,such as booking shipping space,chartering ships,making declaration,etc.,1.ship n.shippercharter partyshipping company/ship-owner/forwarding agentsteamship S.S S/S s.s s/smotor vessel=m.v or M.V M/VS.S PeaceM.V Peace,2transhipment=transshipment n.A
5、s there is no direct steamer to your port,please amend the L/C to allow transshipment.tranship=transship v.The goods will have to be transshipped via Singapore.,3.partial shipments=part shipments=partshipments Transhipment and partial shipments are allowed/permitted.in 1 lotWe will make shipment in
6、3 lots.,4per prep.The material sells out at US$200 per m/t CIF Hamburg.Please reply per return post.We advise that the goods under contract No.425 have been shipped per S.S Peace.ex prep.=from The goods ex S.S Peace have been inspected.,Please be advised that the goods have been shipped by S.S“Peace
7、”.Please be advised that the goods ex S.S“Peace”have arrived in good condition.,5container n.You may ship the gods in any suitable containers.Temperature-control containers are provided for this type of goods.TEU=Twenty-foot Equivalent Unit F.C.L.=Full Container Load L.C.L=Less than Container Load,6.countersign v.countersignature=counter-signature=counter signatureWhen the Sales Contract has been signed by the seller,it will be countersigned by the buyer.,
