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1+ Standard Regain 1+ Actual Regain

∴ Dried Net Weight = Net Weight / (1+ Actual Regain) = 20 / (1+33%) = 15.04 M/T

Moisture content = Actual Weight – Dried Net Weight

= 20 – 15.04 = 4.96 M/T

or ∵Regain = (moisture content / oven dried weight) x 100%

= (moisture content / actual weight –moisture content) x 100% ∴Moisture content = (regain x actual weight)/(1+regain) = (33% x 20)/(1+33%) = 4.96 M/T Dried net weight = actual weight –moisture content = 20 – 4.96 = 15.04 M/T

答题的切入点:合同约定计算重量的方法不明确

= Net Weight x

(3) 答案:如按公量计算, 这批货只有16.54 公吨。

计算:

1+ Standard Regain RegainStamdReRegai1+ Actual Regain

= 20 x [(1+ 10%)/(1+33%)] = 16.54 M/T 答题的切入点:公量的计算

Conditioned Weight = Net Weight x

Chapter five III.Calculation

1(地点等变)The price quoted by an exporter was “USD38 per case FOB

Liverpool”. The importer requested a revised CFR Liverpool price. If the size of each case was 50cm ×40cm×30cm, gross weight per case was 40kg, freight basis was W /M and the quotation for London is USD100 per ton of carriage, plus 20% bunker adjustment factor (BAF) and 10% currency adjustment factor (CAF), what would be the CFR price?

解: W =40kg =0.04m /t

M =50cm ×40cm ×30cm =0.5 ×0.4 ×0.3 =0.06cm3 M >W, M will be used as freight basis for freight calculation

Freight per case =M ×basic freight rate ×(1 +BAF rate +CAF rate) =0.06 ×100 ×(1 +20% +10%) =USD 7.8 CFR =FOB +Freight =38 +7.8 =USD 45.8

Answer: The CFR price would be USD 45.8 per case CFR Liverpool.

2 One consignment of 10 cartons of leather shoes, measurement of each carton is 50x50x50cm, gross weight of each is 15KG. The air freight rate quoted for the flight required is USD1.3/KG. How much air freight should be paid to the carrier?

解: W =15kg

M =(50 ×50 ×50)/6 000cm3 =20.83cm3 M >W

Freight =USD1.3/kg ×20.83 ×10 cartons =USD 240.79 Answer: The air freight is USD 270.66.

IV Explain the following terms 1 demurrage

答: Demurrage is the amount of money paid as a penalty at an agreed rate by the Charterer to compensate the ship-owner for his losses in case the charterer fails to have loading and unloading completed within the lay time. In a sales contract, demurrage is paid to the charterer (buyer or seller) by the other party (seller or buyer) in case the loading or unloading completes beyond the stipulated lay time. 2 FCL

答: FCL, a short for Full Container Load, is one type of the two container transportation services.If the goods are of a container load, FCL service shall be adopted. Under FCL service, the freight is calculated based on container capacity and the origin and destination of the goods, not on the quantity of the goods involved as in the case of LCL, the other type of the container transportation services.

V Short questions

1 Under what circumstances does time of shipment equal to the time of delivery?

答: Time of shipment refers to the time limit for loading the goods on board the vessel at the port of shipment while time of delivery refers to the time limit during which the seller shall deliver the goods to the buyer at the agreed place. For all shipment contracts, time of shipment equals to time of delivery and they can be used interchangeably in the contract.According to Incoterms 2000, contracts concluded on the basis of terms like FOB, CFR, CIF, FCA, CPT, CIP are shipment contracts. Under the shipment contract, the seller fulfills his obligation of delivery when the goods are shipped on board the vessel or delivered to the carrier and the seller only bears all risks prior to shipment. 2 What are the functions of a bill of lading?

答: A bill of lading has three major functions: First, it is a cargo receipt. Second, it is evidence of a contract of carriage.Finally, it is a document of title to the goods.

VI. Case Studies

1. ABC co. signed a contract to export 200 M/T of beans. The letter of credit

stipulated, “Partial shipment not allowed”. When the shipment was being made, the exporter loaded 100 M/T each on board the same vessel for the same voyage at the port of Shanghai and the port of Dalian. The shipment document was clearly marked with the ports of shipment and the dates of shipment. Did the

exporter violate the terms of the L/C?

析:本题的解题要点:UCP600第三十一条:b.表明使用同一运输工具并经由同

次航程运输的数套运输单据在同一次提交时,只要显示相同目的地,将不视为部分发运,即使运输单据上表明的发运日期不同或装货港、接管地或发运地点不同。案例虽然没有说明货物是否在同一目的港卸货,但如果没有强调说明,一般认为是同一个目的地。

答案:No, 卖方没有违反信用证“不允许装船” 的规定。 答题切入点:对转船的定义和相关规定的理解。

Chapter six

III Explain the following terms 1insurable interest

答: Insurable interest is the interest in insurance subject matter (cargo or property accepted for insurance) held by the insurant and recognized by laws, indicating that the insurant will suffer some financial losses if any maritime risks materialize. 2 indemnity principle

答: The indemnity principle means that in the event of loss of or damage to the subject matter resulting from an insured peril, the insurer shall compensate the claimant exactly what the latter has lost in the occurrence of the peril畅In practice, this is almost always compensated by paying an amount of money equal to the value of the goods lost or damaged.

3 proximate cause principle