Industry
Service
Cross-trade shipping is when a shipper needs to ship cargo between and origin and destination by either road, rail, air, or sea freight without it entering the country where the shipper is registered. This was required when we tasked were shipping printing machinery from Saudi Arabia to China.
The printing machinery needed moving from Saudi Arabia to Qingdao in China using a combination of high cube and flat rack containers. Our projects team also prepared the letter of credit (LC), which is often vital for cross-trade shipments.
LCs provide Exporters with the confidence to allow them to ship their goods in advance of receipt of payment. An LC is a conditional payment guarantee provided by the Importer’s bank to the Exporter. The Exporter normally receives a payment guarantee prior to the shipment of goods.
The loaded and lashed cargo was shipped and delivered with the letter of credit passing first-time, leaving the customer extremely happy with the service.
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