Shipping Terminology and Vocabulary Explained

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  • Опубліковано 8 січ 2025

КОМЕНТАРІ • 47

  • @challengecoins4u
    @challengecoins4u 11 місяців тому +2

    Dear Alan, thank you so much for these videos. Your personality and compassion can be felt through the screen, and your warmness reminds me of my grandfather. Again ,thank you so much!

    • @ABTS
      @ABTS  11 місяців тому +2

      What a compliment and thank you. I’m so glad to hear our videos help you. Gives me inspiration to create some more.

  • @albertozarate5516
    @albertozarate5516 Рік тому +5

    What a great video! And what a warm teacher Alan! You invite in a natural way to stay tunned!
    Greetings from MX!

    • @ABTS
      @ABTS  Рік тому +3

      Thank you Alberto, appreciate your comment.

  • @cschrissharman
    @cschrissharman 6 місяців тому

    Years of learning...imao you are the only one who sums it all up for me. True OG. Thank you very much Alan.

    • @ABTS
      @ABTS  6 місяців тому

      Hi Chris, thank you very much indeed, appreciate your comment and I’m glad I can help bring it all together for you. All the best.

  • @MohammadHusain-e7o
    @MohammadHusain-e7o 11 місяців тому +1

    I HAVE SET UP A HUGE OFFICE FORFREIGHT FORWARDING AND CHANDELLING BUSINESS BUT WITH NO ENOUGH EXPERIANCE AS I HOPE WORKING WITH HIRED EXPERTS, BUT TO BE HONEST, FEW OF YOUR VIDEOS THAT I HAVE WATCHED IS TURNING ME INTO AN EXPERT

    • @ABTS
      @ABTS  11 місяців тому +1

      Hello, thanks for your comment. I think you may be misunderstanding the purpose of our videos, it’s not possible for you to watch 10 minute videos and become an expert in anything. You need experience, much more study and practical knowledge and time dedicated to the industry. Our UA-cam videos are intended to be a short introduction and very basic knowledge into each subject.

  • @bypiers1903
    @bypiers1903 2 роки тому +2

    I love your work. You're a cracking teacher.

    • @ABTS
      @ABTS  2 роки тому +1

      Thank you very much! Very much appreciate your comment.

  • @tsetse49
    @tsetse49 2 роки тому +3

    Dear Alan, I want to show my appreciation on what you are doing. I keep checking your videos and have subscribed after seeing just one of your videos. Had to laugh a lot on the scam video but yeah, one needs to keep ears and eyes open. I seldomly comment, but I just had to. Keep up the good work and one can really tell, you enjoy your work, please stay well! I really am learning a lot from you. You are a blessed teacher.

    • @ABTS
      @ABTS  2 роки тому +3

      Hi tsetse49, thank you so much for your comment and taking the time to post it. I really appreciate it and it inspires me to create more videos and do what I can to help others. Scammers - they’re always around us, just have to be aware is all we can do. Thanks again and all the best.

  • @judicaelferuzi1662
    @judicaelferuzi1662 Рік тому +2

    You are amazing Sir Alan! Thank you because I lean everyday through your videos1

    • @ABTS
      @ABTS  Рік тому +2

      Thank you very much for you me kind comment, very much appreciated and I’m glad our videos are helping you.

  • @JohnnySunglasses
    @JohnnySunglasses 2 роки тому +1

    Alan, I'm happy to still seeing you happy and smiling!
    I remember you had a course about Fright Forwarding. Is that still a thing?

    • @ABTS
      @ABTS  2 роки тому +1

      Hello, yes indeed it is. Have a look here at the full course syllabus: www.abtslogistics.co.uk/full-syllabus/. Any questions, just let us know.

  • @jaspal6383
    @jaspal6383 2 роки тому +3

    Thank you so much for your valuable knowledge, really appreciate it, fantastic video, and so informative! wish you all the best!

    • @ABTS
      @ABTS  2 роки тому +1

      Hope it helped Jaspal, thanks for the suggestion!

  • @mariapupiec4548
    @mariapupiec4548 9 місяців тому

    You are a great teacher 🎉❤

    • @ABTS
      @ABTS  9 місяців тому

      Thank you very much! I appreciate the kind comment.

  • @msb1m549
    @msb1m549 2 роки тому +1

    Thank you so much! you helped me a lot!

    • @ABTS
      @ABTS  2 роки тому +1

      Glad I could help! 😀

  • @syedmurtazaahmedniazi7783
    @syedmurtazaahmedniazi7783 Рік тому +2

    We use Laycan in Bulk Cargo for coal. What is the synonym or terms use for in Container Shipping of iron?
    We are actually a coal importer and now getting into iron ore export. Hence the shift from large vessels to full container loads. Is there any glossary you can link for our other questions?

    • @ABTS
      @ABTS  Рік тому +1

      Sorry for the delayed reply. As you know chartering has its own terms which are different from liner terms. If you are expecting in containers the terms you’ll trade under will be Incoterms 2020 and subject to the contract of carriage issued by the shipping line involved. These terms can be subject to the Haugue Visby rules. I am not aware of any glossary that I can’t direct you to unfortunately but hope this helps.

  • @tahsinulislam3999
    @tahsinulislam3999 2 роки тому +3

    Thank you so much Alan for everything you do for us. I wanted to ask how do you make a deal with the shipping line? I have been planning to start my freight forwarding business but I don't know how can I get the rate. It would really be beneficial for all of us.

    • @ABTS
      @ABTS  2 роки тому +1

      Hi Tahsinul, you’ll have to understand export documentation and procedure and how to calculate shipping quotes, as it’s by weight / measure. Once you understand this, contact shipping lines and ask for quotes and you’ll be able to compare. Have a look at our video here: ua-cam.com/video/yV3Y-o-RMGQ/v-deo.html and here: ua-cam.com/video/Qkvv3Br57y8/v-deo.html

  • @yescenehai4864
    @yescenehai4864 2 роки тому +2

    Great video. What are the typical payment terms for a freight forwarder? Ie. At which point does a freight forwarder demand payment from their client?

    • @ABTS
      @ABTS  2 роки тому +1

      Hi Ye Scene Hai, if shipping by sea freight, you will need to make the payment to your freight forwarder before they will hand over the Bill of Lading. You need to Bills of Lading in order to receive your goods from the shipping line. Similar to air freight, the freight forwarder will ask for payment before handing over the Airway Bill, although unlike the Bill of Lading, the Airway bill is not a document of title.
      Either way, payment will need to be made in order for you to receive the goods. Hope this helps.

  • @olivermartinez6242
    @olivermartinez6242 2 роки тому +2

    Dear Alan. Love the videos. I keep on being asked to provide a LOI ( Letter Of Intent) to buy produce from different vendors all over. I have been told it’s not binding but is it a way of deciding to deal with me or not. If say I just want to use them Once? Thank you
    Sincerely Oliver

    • @ABTS
      @ABTS  2 роки тому +1

      Hi Oliver, a letter of intent is just that, a letter stating that you intend to place an order and what the size of the order is. If you intend to use them only once, the letter can just be to show your intention of one order, perhaps with the possibility to have further orders in the future.

  • @Lalith-Mine
    @Lalith-Mine 2 роки тому +1

    Hi, thank you so much for video, please do video on UCP 600 articles.

    • @ABTS
      @ABTS  2 роки тому +1

      Hi Sai, we've already done one 😀
      You can check it out here: ua-cam.com/video/5rZul9niBOo/v-deo.html

  • @PreplyshortVid
    @PreplyshortVid 2 роки тому +2

    I know one of these days I'll have to take the exam with ABTS. I'm really working towards that

    • @ABTS
      @ABTS  2 роки тому

      We’re looking forward to welcoming you onto our course Gad. I hope our UA-cam videos are helping too.

  • @easonchen9561
    @easonchen9561 2 роки тому +2

    Dear Sirs and Ladies,I am a freight forwarder from China, we provide rail sea by sea and air freight channels to your country, also provide delivery service to the door, we are WCA members I would be more than happy to handle your shipment.

    • @ABTS
      @ABTS  2 роки тому +1

      Thanks but we are a training company opposed to exporter.

    • @easonchen9561
      @easonchen9561 2 роки тому +1

      Sir I think I can borrow the platform you provide to help buyers and sellers in various countries abroad, and help them to provide good service and shipping, which is able to do things

  • @jimmygeorge1747
    @jimmygeorge1747 Рік тому +1

    Thank you very much Sir

    • @ABTS
      @ABTS  Рік тому

      You’re very welcome Jimmy. It’s nice to know our videos are helping.

  • @philemonmataba4131
    @philemonmataba4131 2 роки тому +1

    Good Video🎯

    • @ABTS
      @ABTS  2 роки тому

      Thank you!

  • @PreplyshortVid
    @PreplyshortVid 2 роки тому +2

    Thanks for this

    • @ABTS
      @ABTS  2 роки тому

      My pleasure Gad. I’m happy to hear it helped.

  • @ZahraMashayekhi-f8s
    @ZahraMashayekhi-f8s 9 місяців тому

    Outstanding

    • @ABTS
      @ABTS  9 місяців тому

      Thank you very much. I hope it helped you!

  • @eashwerdev518
    @eashwerdev518 10 місяців тому +1

    Hello Sir . I am building a business school project on fright management and ocean shipping and would like to get your inputs or understand some problem areas to which I can build a solution. Would you be kind enough to spare some time

    • @ABTS
      @ABTS  9 місяців тому

      Please contact us by email with your questions and I’ll do my best to answer: www.abtslogistics.co.uk/contact-us/