The Incoterms rules are the international regulations that apply to the trade for the sales of goods worldwide; these rules are in place to clarify the buyer’s responsibilities and the seller/shipper in the international shipments of global goods. This can be really important if the shipping company and shipper get into […]

While the term IMCO may not be as commonly heard as other abbreviations, such as IMC (Intermediate mark of condition) or IMDG (International Maritime Dangerous Goods), it is an important acronym in its own right. IMCO stands for Intergovernmental Maritime Consultative Organization, and it’s the branch of the United Nations that […]

India has 22 major ports and many minor ports; the major ports are the gateways to India’s economy. There are 12 Important seaports in India, controlled by the central government, and 10 of them are foreign-trade ports and economically significant. Some of these major ports in India are Mumbai Port Trust, […]