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  2. Shipping insurance - Wikipedia

    en.wikipedia.org/wiki/Shipping_insurance

    Shipping insurance is a service which may reimburse senders whose parcels are lost, stolen, and/or damaged in transit. In Canada and the US, shipping insurance is offered by postal services, courier companies, and shipping-insurance companies.

  3. Marine insurance - Wikipedia

    en.wikipedia.org/wiki/Marine_insurance

    Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. [ 1][ 2] Cargo insurance is the sub-branch of marine insurance, [ 3] though marine insurance also includes onshore and offshore exposed ...

  4. Incoterms - Wikipedia

    en.wikipedia.org/wiki/Incoterms

    The policy should be in the same currency as the contract. The seller must also turn over documents necessary, to obtain the goods from the carrier or to assert claim against an insurer to the buyer. The documents include (as a minimum) the invoice, the insurance policy, and the bill of lading. These three documents represent the cost ...

  5. Forward freight agreement - Wikipedia

    en.wikipedia.org/wiki/Forward_freight_agreement

    Forward freight agreement. A forward freight agreement ( FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route ...

  6. Nigerian Maritime Administration and Safety Agency - Wikipedia

    en.wikipedia.org/wiki/Nigerian_Maritime...

    The National Maritime Authority (NMA), predecessor of NIMASA, was established by the Shipping Policy Decree of 11 May 1987, and was supervised by the Federal Ministry of Transport. Its mandate was to ensure orderly development, protection and manpower training in the shipping industry. [2]

  7. Nigerian National Shipping Line - Wikipedia

    en.wikipedia.org/wiki/Nigerian_National_Shipping...

    The Nigerian National Shipping Line (NNSL) was established by the Nigerian government in 1959. Despite heavy investment and subsidies, the state-owned company was unable to compete with European lines. Much of the investment went to enriching the political elite. [1] Deeply indebted, the NNSL was liquidated in 1995 and all 21 of its vessels ...

  8. Freight transport - Wikipedia

    en.wikipedia.org/wiki/Freight_transport

    Freight transport, also referred as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. [1] The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well.

  9. Bill of lading - Wikipedia

    en.wikipedia.org/wiki/Bill_of_lading

    A bill of lading ( / ˈleɪdɪŋ /) (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent) to acknowledge receipt of cargo for shipment. [ 1] Although the term is historically related only to carriage by sea, a bill of lading may today be used for any type of carriage of goods. [ 2]