Ocean Business is a physical process of transporting goods and cargo, by sea. It also can describe the movement of objects by ship. | Common trading terms used in shipping goods internationally include: Freight on board, or free on board (FOB) - the exporter
delivers the goods at the specified location (and on board the vessel). Costs paid by the exporter include load and lash, including securing
cargo not to move in the ships hold, protecting the cargo from contact
with the double bottom to prevent slipping, and protection against
damage from condensation.Cost and freight (C&F, CFR, CNF): Insurance is payable by the
importer, and the exporter pays the ocean shipping/air freight costs to
the specified location. |
