Developments Impacting International Shipping Terms

This report covers several developments regarding the drafting of shipping terms in international sales of goods contracts–the effectiveness of the latest version of INCOTERMS on January 1, 2011 and the lack of progress in attempts to eliminate shipping terms from the Uniform Commercial Code.

2 thoughts on “Developments Impacting International Shipping Terms

  1. Freight forwarding companies

    The shipping company operating in India already faces a choice between a large number of modes of transport by road, rail and air. The demand for transport infrastructure has been rising by around 10% a year and the government is investing heavily in making improvements, which is excellent news for freight services companies and shipping companies.


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