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Customs Shipping and Insurance-NMIMS Solved Assignments-Sep16

Customs Shipping and Insurance-NMIMS Solved Assignments-Sep16

Q1. You intend to export one consignment in a 40’ container to Singapore. Your company wants to save money on freight. What process will you adopt to export this to complete the export? (10 Marks)

 

Q2. There are 3 clauses to cover the cargo insurance. You have been asked to cover the cargo for one year to be sent by sea. Please suggest the correct clause to your company with the reasons for such decision. (10 Marks)

Q3. Your company plan to export multiple products to one buyer. They are very sensitive products and damage prone also. It consists of 1500 assorted types of boxes.

a. How do you propose to export this? (Marks 5)

b. What option will you take i.e. factory staff or dock stuff? (Marks 5)

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