How many pounds equal a ton?

0 comments Thursday, 8 July 2010

1 long (or gross) ton = 2240 pounds (UK)

1 short (or net) ton = 2000 pounds (US)

1 tonne (i.e., a metric ton) = 2204.6 pounds

In the United States, when people say "a ton," they're thinking the short ton, or 2000 pounds.


Source: Wiki Answer

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What is FOB, CIF, C&F

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What is FOB price?

Free on board (FOB). This pricing term indicates that the cost of the goods, including all transportation and insurance costs from the manufacturer to the port of departure, as well as the costs of loading the vessel are readfiled in the quoted price.
This means that the buyer has to bear all costs and risks of loss of or damage to the goods from that point. The FOB term requires the seller to clear the goods for export.

NOTE: "FOB Price does not include Shipping freight and Insurance charges"

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What is CIF?

"Cost, insurance and freight" means that the seller delivers when the goods pass the ship's rail in the port of shipment. The seller must pay the costs and freight necessary to bring the goods to the named port of destination but the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time of delivery, are transferred from the seller to the buyer. However, in CIF the seller also has to procure marine insurance against the buyer's risk of loss of or damage to the goods during the carriage.

NOTE: "CIF Price Includes the Vehicle Price + Shipping freight + Insurance Cost".

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What is C & F ?

Free on board (FOB). This pricing term indicates that the cost of the goods, including all transportation and insurance costs from the manufacturer to the port of departure, as well as the costs of loading the vessel are readfiled in the quoted price.
"Cost and Freight" - commercial term meaning that the stated value of a shipment of goods includes all costs and freight involved in shipping the goods to their destination.

NOTE: C & F Price Includes the Vehicle Price + Shipping freight to the port of your country.

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Who is a Shipper?

Shipper is an Owner of the cars. Who contracts delivery with carriers.

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Who is a Consignee?

Consignee is Receiver on BL. Responsible to pick up the carriage after unloaded.

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What is "B/L"?

B/L - Bill of Lading
Official Legal document signed by the captain, agents, or owners of a vessel, furnishing written evidence of the quality and quantity of cargo for the conveyance and delivery of marchandise sent by sea to a specific destination. It represents ownership of cargo between shipper and carrier.
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What is a T/T payment? What is L/C?

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T/T means telegraphic transfer, or simply wire transfer. It's the simplest and easiest payment method to use.


T/T payment in advance is usually used when the sample and small quantity shipments are transported by air. The reason why is that the documents like air waybill, commercial invoice and packing list will be sent to you along with the shipment by the same plane. As soon as the shipment arrives, you can clear the customs and pick up the goods with the documents. As it's acknowledged, T/T payment in advance presents risk to the importer if the supplier is not an honest one.

The L/C payment procedure is usually as follows:

  1. You (the importer) applies to open the L/C to us (the seller) through a bank who can open the L/C in your country.
  2. The opening bank will inform The Bank of China that the L/C has been opened.
  3. The Bank of China will inform us that the L/C has been established.
  4. We'll check all the terms and conditions listed in the L/C. If all terms and conditions are
  5. acceptable, we'll arrange the shipment within the time specified in the L/C.
  6. After the goods are loaded onto the ship without any damage, the captain will issue the clean bill of lading to us.
  7. We will submit the clean bill of lading and other relevant documents to The Bank of China to gather the payment. Only with clean bill of lading can you claim the ownership of the goods.
  8. The Bank of China will send the clean bill of lading and relevant documents to your bank (the opening bank).
  9. The opening bank will inform you that all documents are received.
  10. You will go to the bank to make the payment to get the clean bill of lading and relevan documents.
  11. With all of these documents, you can clear the import Customs and pick up the goods after the goods arrive on the destination sea port.

L/C is used for the larger quantity order shipped by sea.

The typical L/C scenario takes 14-21 days to complete.
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When and what the documents will I received when buying online?

0 comments Wednesday, 7 July 2010
Standard you will receive the following documents:
- At least 3 original and 2 copy's of the Bill of Lading; (view example here)
- 1 original certificate of origin (Form-A) and 3 copies; (view example here)

- 1 Insurance policy and its conditions;

- 3 original invoice;

- 3 original packing list.



NB: terms and conditions may change over the period of market growth
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How long is the delivery time?

0 comments Monday, 5 July 2010
Under normal circumstances the delivery time will be about 4-6 weeks for garden furniture and 6-8 weeks for indoor furniture (for "custom made" items it might be max. 4 weeks longer) after receipt of the down payment/LC (see also: "What are the payment methods"), before shipping, for a 40FT/40FT HC container.
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