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Learning Management System - Shipping

The term (Ex Works) means:

A. The cost of the goods packed and delivered to the container and on board the shipping line excluding the shipping.
B. The cost of the goods placed on the carrier (Sea, Air, Land) all the way to the buyer warehouse/Facilities.
C. The cost of the goods placed on the carrier (Sea, Air, land) all the way to port of arrival.
D. The cost of the goods packed and ready at the manufacturer sight.

The term (FOB-Free On Board) means:
A. The cost of the goods placed on the carrier (Sea, Air, land) all the way to port of arrival.
B. The cost of the goods placed on the carrier (Sea, Air, Land) all the way to the buyer warehouse/Facilities.
C. The cost of the goods packed and ready at the manufacturer sight.
D. The cost of the goods packed and delivered to the container and on board the shipping line.

The term (CNF-Cost & Freight) means:

A. The cost of the goods packed and delivered to the container and on board the shipping line excluding the shipping.
B. The cost of the goods placed on the carrier (Sea, Air, Land) all the way to the buyer warehouse/Facilities.
C. The cost of the goods placed on the carrier (Sea, Air, land) all the way to port of arrival.
D. The cost of the goods packed and ready at the manufacturer sight.

In the liner shipping industry, The term "Terminal Handling Charges- THC" Means the cost of paying the container terminals for the loading or unloading of the containers and other related costs borne by the shipping lines at the port of shipment or destination.

A. True
B. False

Cutoff date means the last date of receiving any given container at the port of loading and is followed by ETA and ETD of the vessel.

A. True
B. False








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