₦airaland Forum

INCOTERMS - 2

CFR – Cost and Freight (named port of destination, e.g CFR Houston, Texas)
Seller must pay the costs and freight to take the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the vessel and Insurance for the goods is NOT included. This term was formerly known as C&F.

This mean the seller pays for all costs from processing, packing, documentation, warehousing, to trucking, and freight EXCLUDING Insurance.

INCOTERMS (International Commercial Terms) - 1

FOB – Free On Board (named port or place of shipment, e.g FOB Lagos)
The seller must load the goods on board the vessel nominated by the buyer or otherwise. Cost and risk are divided when the goods are actually on board of the vessel.

The seller must clear the goods for export but the buyer pays for the freight and other associated costs after loading. There is no insurance involved.

Some important commercial terms.

Having answer some FAQs above, it is important we know some terms of international trade as this dictates who is responsible for what, where and when. Please do not develop cold feet over what you might expect to be technical details, they are simple things and I will try and make them explanatory enough to understand.

Apparently, there are many of these terms but I am just going to examine very few ones that have most day to day relevant in the export trade. Take it as a guide.

I have delayed posting on this thread due to some request I have received and the tone of some WhatsApp chats and I have reconsidered my stance on full disclosure of information that I know and needs to be shared in export trade.

My intention of starting this thread was to create little awareness on export, give some information (what would ordinarily be a manual in seminar) then follow it up with mentoring (offer guide and services on any selected product(s)) to any interested persons.

Doing that now would mean creating avenue for some people lurking around to get cheap information and be selling to people.

I believe reading give knowledge, it does not make anyone an expert in the subject matter, at least in the immediate short term. One of big reason I am not a fan of seminar.

However, I will not stop posting but reduce volume and details of information here.

****
And please, I am not father Christmas, this is strictly business, nothing comes free, it takes money to get money, if you truly have interest in something, make your commitment.

Please, I do not give anyone authority to copy part or whole of anything I put up here.

God bless us all!

For customs clearance, export bookings and others kindly connect with us on WhatsApp via +234 (0) 808 512 8406

RORO & Containerized | Groupage | General Cargo & PAAR documentation

For customs clearance, export bookings and others kindly connect with us on WhatsApp via +234 (0) 808 512 8406

Let's connect on Skype or twitter @UplandRiverine

Vehicles | General Cargo | Groupage | Export Documentation | PAAR Processing | Machines & Equipment

FAQs - 5
The last part of the FAQs.

#What is the average shipping company charge?
There are freight and local charges. Local charges is relatively fixed @ approximately #33,000 while freight charge varies from one company to the other and depend greatly on size of the container / dimension (for non - containerized) , destination, and weight. Freight charge is negotiable.

#What determine shipping company to use?
Destination and price. Different shipping lines have dedicated service route. Some shipping line go to the East from Apapa port only, while some from Tincan.

#If I want to start export today, what would you advice?
Well, in term of product, know what is easily accessible to you and the market you know you can serve. Overall, take time and plan, know your pains and gain, don't rush it.

#How can Upland and Riverine Ltd help?
Tell us the stage you are, where you need us and we will take it up from there.

Enquiries
Call: +234 (0) 706 666 2687, +234 (0) 808 512 8406 WhatsApp: +234 (0) 808 512 8406 BBM: 58F9F11D E-mail: urinfoplace@gmail.com

Please add 08085128406

ricki:
How much to clear Audi s4 2001 via tinc an
Ship grilmadi
Thankx

370k

Use our export service to tap into the bountiful opportunities of export business.

idu1:
I don't think car hire in nigeria is really doing well.
Except it something like uber u wanna do.

Uber is a form of hire.

idu1:
In Nigeria?

Yes in Nigeria

Name, just name.
Give me 160m and I will run the most exclusive executive fleet of exotic hire

FAQs - 4

#Which country is the most export friendly of all?
There is no country with free access without some regulation, choose your product & market wisely.

#What do I need to start export?
Apart from export requirements above, zeal and understanding of the product and your market is very important.

#Can I use someone else's export license to export?
No. You need to process your own.

#Can I export just anything?
No. Apart from generally banned items such as artifacts, all goods imported with duty paid on them . . . Etc, you need to ensure that what you are exporting is allowed to enter and will be cleared at their port

#Who pays the shipping cost?
It depends on your sales agreement and terms of trade.

Enquiries
Call: +234 (0) 706 666 2687, +234 (0) 808 512 8406 WhatsApp: +234 (0) 808 512 8406 BBM: 58F9F11D E-mail: urinfoplace@gmail.com

FAQs -3

#What can I export
To avoid long unending list, you can export anything. Yes, anything as long as there a buyer and it is permissible in the other country.

#What is the most marketable export product?
Any product that has commercial value.

#Can I base on one product only.?
Yes, very advisable. It is strongly recommended to limit your product to two or three.

#Any export product to avoid.
No. But limit your reliance on commodities that are liable to legislation or ban. Such as Charcoal and Hardwood.

FAQs - 2

#How much do I need to start?
There is neither minimum nor maximum budget. It is however advisable to exercise caution and test water with a single feet. For a first time exporter, please start small no matter your capacity.

#I do not have prior experience in international trade, can I still export?
Yes.

#Can individual export?
No, you need to have a registered company

#We produce for local market, but need expansion, is exporting an option?
Yes. One of primary objectives why people engage in export business.

FAQs
To make reading easier, let's take them in batches.

#Who can export?
Anybody can export as long as you have the interest and determination.

#Who is an exporter?
There are three types or say categories of exporter. There are manufacturing exporter, Merchant exporter and Agent exporter. You could chose to be any of this to take part in the export market.

#How can I start?
A good way to start is by learning and understanding what you want to be involved in. This is possible by reading some books on international trade, attending seminar, work with a freight forwarding company or using third party to act on your behalf.

#What are the export requirement?
Individuals are not allowed to export. To export, you must have a registered business, have export license, Tax Identification Number (TIN), & domiciliary account (for export proceed). Other requirement depends on products.

Time space for the second post seems a little long. Sorry, over feeding at yuletide season is one big reason (lols).

Now on a serious note, . . .

So we want to talk about export? It is important we first examine some Frequently Asked Questions (FAQs) before getting to the nitty-gritty of the subject matter. We will also discuss setting the right objectives as an anchor to success and then proceed to salient and subtle fundamentals.

So, the FAQs.

Welcome

We clear all types of cargoes (vehicles, heavy duty equipment, bulk cargo), and Pre Arrival Assessment Report (PAAR).

Fritz007:
Evening guys and a happy new year to we all.....
Please does anyone have an idea on how to fund an auction export account

Dug this up for you . . . https://www.nairaland.com/1578736/detailed-guidelines-buying-car-auctionexport.com

It's yuletide season, while driving, be cautious, while eating and drinking, be moderate. Live to celebrate more and in good health.

Wishing you all journey mercy as you are returning from holiday!

As we helped you reach your goals in the past year, we too traversed several milestones, albeit with challenges. Those challenges have made us stronger and better with hopes of greater things to come in the new year as we build on successes of the past and surmount new challenges.

We appreciate your love and support we've received over time. We promise you more this year.

Thank you all and Happy new year.

Notice: the forth and back changes made to this thread and the other thread handled by @UplandRiverine is due to some development as regard to social media promotion. All our contacts remain the same.

We appreciate your patronage and we do hope to continue serving you better than ever before.

Merry Christmas and prosperous new year

What to export, where to export, how much is involved and what do I get in return on my investment among other questions are usually on the lips of many serious intending exporters.

Without mincing words, I will try to address these and other questions as much as I can. While at it, we will learn, earn and live on export without getting our fingers burnt!

Before we proceed, let me introduce my company that I represent here to you. Upland and Riverine Limited (RC 1216724) is a logistics and support services company.

Our services include :
• Customs Clearance & Export Documentation
• Project Logistics
• Ports Operations
• Project Development
• Purchasing and Supply

For the purpose of this thread, we provide following services for intending and professional #Exporters:

*Temporary importation / Repair and Return
*Documentation and Shipping
*Training / Consultation

I will be your host, handle, student and companion. Let's begin!

* * * *
Adebola House, Suite 100 (Rear Car Park Wing), 38, Opebi Road, Ikeja, Lagos, Nigeria
We can connect on Skype or twitter @UplandRiverine
Call / WhatsApp: +234 (0) 808 512 8406, 706 666 2687
E-mail: info@uplandriverine.com

OP please, @ -61° in Yakutsk what was the temperature in Siberia.

For the boiling water, was that vapour, what sort of reaction is that Any science student care to explain please.

And how do people survive winter in this place. Thought human blood has a minimal control temperature for body to function any doctor on this thread