What Is a Delivery Notice?

"Delivery clause" is one of the most important clauses in the contract of sale. The so-called "delivery" is the intention of the seller to deliver the goods to the buyer. From a legal point of view, the seller's intention to transfer ownership of the goods to the buyer. In the sale of goods, once the seller has delivered the goods, the buyer has the obligation to pay. International trading is not a girl transaction in which buyers and sellers deliver face-to-face and pay one-to-one. Therefore, it is necessary to understand the meaning of "delivery" in international trade.

Terms of Delivery

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I. Delivery time

The responsibility of buyers and sellers in international trade during the transfer of goods is based on the

In the large-scale transaction contract of chartering and shipment, special terms of demurrage and dispatch must also be stipulated.

(I) Lay Time

The so-called loading and unloading time refers to the time agreed between the charterer and the owner of the ship. The charterer guarantees that the contracted goods are fully loaded at the port of loading and unloaded at the port of discharge. It is generally expressed in days or hours.

(2) Demurrage and expedited expenses

The demurrage fee is a fine that the charterer fails to complete the loading and unloading tasks within the agreed allowable loading and unloading time, and is compensated to the shipper in accordance with regulations (Demurrage). Reward (Despatch Money). Conventionally, the dispatch fee is generally half of the demurrage fee.

(Three) loading and unloading rate

The so-called loading and unloading rate refers to the number of goods loaded and unloaded daily. The specific determination of the loading and unloading rate should generally follow the normal loading and unloading speed of the port and grasp the principle of seeking truth from facts.