Internetion Trade Operations - Assignment Example

Present position: Washington, DC: United States

The car specific above is brand new and meets the minimum requirements of the National Highway Traffic Safety Administration (NHTSA) among safety conditions set by other regulators. The vessel on which the unit will be transported is entirely seaworthy. It also has all valid marine transportation documents. As such, it is fully compliant with international maritime regulations and requirements for fixed trade or cargo transportation around the world (Townsend, 2013). The ship is fully P&I covered and has the highest Lloyds class or equivalent for whole duration of voyage. The ship is a bulk carrier with steel floors, which is appropriate for grab or pneumatic loading or discharging at the points of loading and discharge. As such it is appropriate for hauling and discharging cars. Charters enjoy the flexibility of using bobcats or forklifts or similar machinery with rubber wheels for loading, offloading, trimming, leveling or maintaining the position of the cargo when there is need.

We ensure that the weight of every unit we transport does not exceed recommended maximum load for the tank top structural strength. The cargo will be loaded within four (4) working days in free main-holds only. For the safety of the unit and of our operations we do load cargoes only in places that are easily accessible by the equipment (Harris, 2012). In addition, we ensure that no strapping is done to the body of cars or similar cargoes in order to limit the likelihood of damage which may be caused to the items. It is also worth noting that the vessel's holds are tidy, dry and free of rust which may lower the quality of the vehicle during transportation (Carlson, 2002). Above all be assured that the transportation of the cargo, which is scheduled to last for four (4) weeks, will not be affected by arrest orders or any other foreseeable inconveniences relating to the seaworthiness of the ship. Owners guarantee *****

Yours faithfully,

The Sales Manager

The Counteroffer

Student’s name

Address

Town, State Zip Code/Postal Code

Memo

To: SBT Japan Company Limited

CC: Director of Sales

From: {Student’s name}

Date: 23rd May, 2016

Re: Importation of Car Stock # T6845 for C&F $14,500

After serious consideration of your offer, I would like to confirm that I am interested in purchasing your Car Stock # T6845 for C&F $14,500.

Please do your best to export the specific car I have selected. I believe it meets my needs for a low-cost SUV car and any material deviation from the specifications I have seen on it will be unacceptable (Genova, 2014). I hope that we will iron out the rest of the details including payment terms through a mutually acceptable contract.

Thank you in advance

Student’s name

The Contract

SBT and the Client mutually agree as follows:

1. This fixture to be kept p+c account: 00100125

2. Freight USD 1,000 to be settled in full within two(2) working days upon agreeing in writing to "clean on board" bill(s) of lading marked ''freight payable as per c/p'' or in charterers' option ''freight prepaid.''

3. In case of the issuance of the ''freight prepaid'' bill(s) of lading, the documents would remain at agents' custody and not to be released until owner’s receipt of swift copy (by fax or e-mail) showing freight has been remitted into owners' bank account of choice.

4. (a) The Client has to right to reject the car if it is damaged or faulty.

(b) In the event of an incident meeting the requirements of Clause 4(a), charterers to replace the same with the whole one at their time and expenses.

5. Demurrage if any to be settled within 14 working days upon owner’s presentation of laytime claims at the discharge ports.

(a) Documents sent by fax or e-mail to be acceptable, considering the distance between the Parties.

(b) Freight to be deemed received upon signing bill(s) of lading documents.

6. Cargo to be offloaded within three (3) working days upon docking at the client’s port. Legal holidays and weekends shall not be counted as part of the delay for purposes of this transaction. Legal holiday not to count:

(a) even if notice of readiness has been communicated by quicker electronic methods,

(b) whether the cargo is already docked at the port or not, and

(c) whether it has been cleared or not.

7. Advance notices at load port:

(a) Masters to give advance notice to charterers through intermediaries on the details of the freight and daily debriefs of the ship’s loading port and port of discharge.

8. In the event that original bill(s) of lading are unavailable at the port of discharge, charterers reserve the right to only offload the cargo upon presentation of original copies of the documents alongside insurance documents for the owners in order to avoid any encumbrances.

9. (a) Demurrage will be USD 20 charged per day

(b) Once the cargo is on demurrage it shall remain as such throughout the transaction.

10. (a)Notice of readiness shall be issued during office hours and within the official working days of the week at the loading port and discharging port

(b) Laytime shall begin at 0800HRS on the following working day at both ends of ports upon due issuance of readiness notice to shippers or receivers or agents

(c) Even though the cargo weight is standard, it will be determined at the port of both ends as a formality

11. The intermediaries shall be responsible for the safety of the cargo throughout the ferrying process by, among other things, ensuring that the loading ship's cargo area is sealed at the port of loading.

12. (a) Any unsealing to be done officially at the port of delivery by the charterers or receivers or by independent surveyor or their proxy upon receipt of unsealing documents;

(b) if seals are found in tact, the exporter will not be liable for any damage

13. Steaming time from port area and or the duration spent at the waiting berth to loading or discharging berth shall not count as laytime at both ends of the ports.

14. The exporter shall be responsible for replacing all movable hatches at loading and discharge ports.

15. In case the ship’s cargo-holds are disallowed by shippers, any party may, upon request, hire an independent joint surveyor to correct the problem at the expense of the party that erred (Yeung, & Mok, 2013).

16. Time spent waiting at the loading ports, inspection, preparations in relation to the cargo, any other delays and time lost on commercial grounds, or on ironing out shipper's or receiver's or charterers paper-works to be counted as lay-time.

17. If the ship is discovered not ready to load or offload and or fails to meet cargo area inspection standards, the exact time spent from the discovery thereof until the point the ship is ready for the procedures shall not constitute lay-time.

18 The time spent before the start of lay-time shall not count at both ends

(a) Lay-time shall remain non-reversible

(b) Any taxes or dues or charges on the ship or flag or crew shall be the exporter responsibility

(c) Berth occupancy fees or taxes shall be offset by the exporter

(d) Any taxes or dues or charges levied on the freight to be offset by the

(e) Standard BIMCO ISM/ISPS clause for voyage parties to apply in both ends.

19. In case of disputes, arbitration to be held in the United States within the confines of the laws of the United States.

Exporter’s Full Name …………………………………………………. Sign.........................

Importer’s Full Name……………………………………………………Sign……………….

Witness Full Name …………………………………………………….. Sign………………..