The Seller delivers the goods, cleared for export, to the carrier selected by the Buyer. The Seller loads the goods if the carrier pickup is at the Seller's premises. From that point, the Buyer bears the costs and risks of moving the goods to destination.
We continue to provide all our clients user friendly environment adding new applications that are essential for the logistics industry.
OUR RESOURCES
DISTANCE CALCULATOR
METRIC CONVERSION
CONTAINER SPEC
CURRENCY CALC
WORLD TIME
WORLD WEATHER
ICD'S IN INDIA
INDUSTRY LINKS
SHIPPING TERMS
INCO TERMS
We listen to your unique business needs and can jump into whichever part of the logistics supply chain you need us, be it Plan, Source/Make, Book/Move, or Deliver. Each of our solutions are developed internally, including Air Cargo, Ocean Cargo, Customs Brokerage, Domestic Transportation, Risk Management, Warehouse & Distribution, Project Cargo, Express Delivery, Dangerous Cargo & Security, and Country-Specific import and export compliance.
The ultimate goal of Vangala Logisitics is to continue delivering innovative, customized and high-quality services, for which it will adhere to the established roadmaps of the existing solutions as well as simultaneously exploring the opportunities to provide customers with additional value in new areas.
INCO TERMS
FCA - FREE CARRIER
CIP - CARRIAGE AND INSURANCE PAID TO
The Seller pays for moving the goods to destination. From the time the goods are transferred to the first carrier, the Buyer bears the risks of loss or damage. The Seller, however, purchases the cargo insurance.
DAT - DELIVERED AT TERMINAL
The Seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the Buyer's disposal at a named terminal at the named port or place of destination. "Terminal" includes any place, whether covered or not, such as a quay, warehouse, container yard or road, rail or air cargo terminal. The Seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port or place of destination.
DAP - DELIVERED AT PLACE
The Seller delivers when the goods are placed at the Buyer's disposal on the arriving means of transport ready for unloading at the names place of destination. The Seller bears all risks involved in bringing the goods to the named place.
EXW - EX WORKS
The Seller's only responsibility is to make the goods available at the Seller's premises. The Buyer bears full costs and risks of moving the goods from there to destination.
CPT - CARRIAGE PAID TO
The Seller delivers the goods, cleared for export, to the carrier selected by the Buyer. The Seller loads the goods if the carrier pickup is at the Seller's premises. From that point, the Buyer bears the costs and risks of moving the goods to destination.
DDP - DELIVERED DUTY PAID
The Seller delivers the goods -cleared for import - to the Buyer at destination. The Seller bears all costs and risks of moving the goods to destination, including the payment of Customs duties and taxes.
CIF - COST INSURANCE AND FREIGHT
The Seller clears the goods for export and pays the costs of moving the goods to the port of destination. The Buyer bears all risks of loss or damage. The Seller, however, purchases the cargo insurance.
SHIPPING GLOSSARY
ABI - Automated Broker Interface
A computer system that allows a Customs Broker to interface directly with U.S. Customs' computer system.
Act of God
Accidents of a nature beyond human control such as flood, lightning or hurricane usually quoted as 'force majeure'.
Advice Note
A written piece of information e.g. about the status of the goods.
Air Waybill
A document made out by or on behalf of the carrier(s) confirming receipt of the goods by the carrier and evidencing the contract between the shipper and the carrier(s) for the carriage of goods as described therein.
Arbitration
The process of referring to an agreed person for judgement on issues of dispute, without requiring the use of courts.
Authorised Consignee / Consignor
A trader authorized by the European Commission (regulation 2454/93) to receive or dispatch consignments under transit procedures without having to present goods and documents directly at the customs office.
Average Bond
An agreement signed by all interested parties acknowledging their liability to pay a share of the loss under General Average.
Authorization
The commission to a certain person or body to act on behalf of another person or body. The person or body can be authorized e.g. to issue Bills of Lading or to collect freight.