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How to protect the rights and interests of the exporter under FOB

Jime

In the case of FOB, how to protect the rights and interests of the exporter is worth every FOB person's attention.

In the case of FOB, the following parties may arise:

1. Exporting Party;

2. Importer;

3. Forwarder (forwarder at the destination port, forwarder at loading port. In many cases, foreign forwarders have offices in China.)

4. Intermediate party (trading company).

FOB operation process:

1) Under normal circumstances, after the negotiation between the exporter and the importer, the importer shall place the order with the exporter and agree on the delivery date, packaging and inspection, including of course the information of the forwarder.

2) After receiving the deposit, the exporter will arrange the production. According to the production progress, the exporter shall book shipping space according to the forwarder information provided by the importer. Note: The exporter is the forwarder at the loading port.

3) The forwarder at the loading port cannot confirm to release SO to the exporting party after receiving the booking. He must submit the Booking to the freight forwarding agent or shipping company at the destination port. After receiving the Booking, the freight forwarding agent at the destination port will communicate with the actual consignee (importer) (because it is the consignee and the freight forwarding agent at the destination port or shipping company that actually sign the contract with the freight forwarding agent, rather than the exporting party and the freight forwarding agent because the freight is collected at destination).

4) After obtaining the confirmation of the consignee, the forwarder at the destination port shall confirm with the forwarder at the loading port and release SO to the shipper. In this way, the forwarder at the loading port will release SO to the shipping party.

5) The shipper shall load the goods on time and obtain the bill of lading (forwarder's bill of lading or owner's bill of lading) after paying the FOB fee.

6) The shipping party shall copy the shipping files to the receiving party so that the receiving party can timely pay the balance of the order. After receiving the balance payment, the shipper will express the shipment file to the consignee for customs clearance and collection.

 

DDP FOR WORLD was established in 2015 focusing on the overseas market. We are one of the leading international logistics companies in China with experienced and professionally trained staff handling Amazon FBA shipments, DDP shipping, Sea shipping, FCL, LCL, Air shipping, Express shipping, DG Cargo Shipping and e-business packages, etc. Offering one-stop shipping solutions. Please feel free to contact us for the best service.

 

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