What does airport of departure and airport of destination mean on an air waybill?

All transport documents, which are used in foreign trade transactions, should state a starting and an ending point of the carriage.

Otherwise the responsibility of the carrier cannot be defined under the contract of carriage.

If you make a sea shipment, you will get a bill of lading from the transport company, who is either the agent of the carrier or a freight forwarder. 

The bill of lading should show port of loading and port of discharge as starting and ending point of the carriage.

Similar to bill of lading, air waybill states airport of departure and airport of destination as starting and ending point of the carriage.

Today I would like to explain definitions of airport of departure and airport of destination as stated on the air waybill transport document.

Can an air waybill be issued to order of an issuing bank?

Transport documents are one of the most important document types in international trade business.

They not only evidence receipt of cargo but also contract of carriage as well.

Additionally some transport documents title to cargo such as negotiable bills of lading.

Unlike bill of lading, air waybill is not a negotiable transport document, as a result it cannot be issued in negotiable form, which means that air waybill cannot be issued "to order of the issuing bank".

Today I want to explain what does negotiable transport document mean in export and import business and why an air waybill cannot be issued "to order of the issuing bank".

How to complete consignee and notify fields on an air waybill?

Air waybill is a non-negotiable transport document, which is issued by the air cargo carrier or its agent on behalf of the carrier, used in international air shipments.

Just like other non-negotiable transport documents, air waybills cannot be issued "to order" or "to order of a named company (such as banks)".

As a result air waybills must be issued straight, in other words, consigned to a named company.

Today I would like to explain consignee and notify fields of the air waybill and how to complete them correctly.

What are the differences between air waybill and bill of lading?

Bill of lading and air waybill are two transport documents, which have been widely used in international trade businesses for decades.

Air waybill is a transport document, which is used in airport-to-airport air shipments.

Bill of lading is the generic name of transport documents, which are generally used in port-to-port sea shipments.

There are various types of bills of lading available on the market, each of them fulfilling different needs.

Today I would like to mention the differences between these two important transport documents.

What are the differences between Institute Cargo Clauses B and Institute Cargo Clauses C?

If you would like to secure your international cargo with an insurance policy, you will have 3 options in terms of scope of insurance coverage:

Institute Cargo Clauses (A), Institute Cargo Clauses (B) and Institute Cargo Clauses (C).

• Institute Cargo Clauses (A) known as All Risks insurance policy and offers the widest range of cover.
• Institute Cargo Clauses (B) supplies a medium term cargo insurance coverage.
• Institute Cargo Clauses (C) provides the minimum cargo insurance coverage.

On my previous article, I have explained the differences between Institute Cargo Clauses A and Institute Cargo Clauses C. 

Today I would like to mention the differences between Institute Cargo Clauses B and Institute Cargo Clauses C?