Normally tramp rates fluctuate with market conditions of supply and demand.

Shipper is the person who has concluded a contract with the carrier for carriage of.

Fumiion ordered because of illness of the crew under time chartering shall be forcharterer’s account .

Under the ve chartering ，the shipowner is responsible for the fixed running expenses aswell as for the ve expenses .

Insurance contract is essentially a contract between the insurer and the insured.

To unite the freight forwarding industry worldwide is one of FI’s mainobjectives.

A delivery order is issued by the carrier or his agent to enable the consignee or his agentto take delivery of the cargo from the vessel .

FOB means that the seller delivers when the s pass the ship’s rail at the namedport of discharge .

The CFR term can be used only for sea and inland waterway transport .

Mate’s receipt is issued by the forwarder to the shipper.