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21 September 2011

International Shipping Services to Libya and Egypt : Examining the Current Situation

2011 has been a very busy year for several countries in North Africa and the Middle East. Uprisings in Libya and Egypt left many of our customers wondering what international shipping services, if any, was available to Libya and Egypt? This blog will help dispel some international shipping rumors and keep you, our customers, informed on what overseas transport services international shipping companies can offer to Egypt and Libya.

Prior to the uprisings, international heavy equipment shipping to the ports of Alexandria, Egypt and Misurata, Tripoli and Benghazi, Libya from the United States was very popular. The construction industry in both countries called for the demand of Caterpillar's, Komatsu's, bull dozers, crawler, wheel loaders, and other construction equipment shipping to Egypt and Libya. With the current state of affairs in Egypt and Libya it is important to note the following updates on international shipping to these countries:

-International shipping services to Egypt, including heavy equipment shipping, is still available. We can currently ship containers, high heavy construction equipment, commercial cargo and more to ports in Alexandria and Port Said.

-International shipping services to Libya from the United States as of August 2011 has been suspended. Currently, the USA has imposed international trade sanctions on Libya and as a result cargo shipping to all ports in Libya including Tripoli, Misurata and Benghazi is currently not allowed.
Although there are trade sanctions in Libya, if the situation changes and trade to Libya is reopened we anticipate the following cargo will be heavily requested in order to assist with rebuilding efforts:

-Construction equipment shipping of items such as bull dozers, dump trucks, compactors, motor graders, tractors and more will be needed in Libya.

-Commercial products such as building materials and consumer goods will be required in Libya.

How will you know if international shipping to Libya is allowed again? Continue to check the Federal Register website for more information about current trade sanctions and the possibility of these sanctions being lifted. The Federal Register website is: http://www.gpoaccess.gov/fr/index.html . You can also continue to check K International's blog for the latest information on overseas cargo shipping and available international shipping services to Libya. We anticipate that sanctions against Libya will be lifted in the fall of 2011.

Remember we can currently ship to Egypt! Email us today to receive overseas transport quotes from the United States to ports in Egypt including shipping to Alexandria, Port Said, Damietta, El-Sokhna and more!

Overseas Car Shipping to Switzerland

What does Switzerland have in common with Bolivia, Kazakhstan and Vatican City? All of these countries are landlocked countries. Even as a landlocked country overseas car shipping services are available to Switzerland. As one of the most popular destinations for classic, vintage, restored, and antique cars, international shipping services to Switzerland is always in high demand.

Need to ship your car to Basel, Geneva, Zurich or Bern? Need to know how to ship your car to Switzerland from the USA? There are a couple of international car shipping options you can use to ship your car to Switzerland. Before transporting your car to Switzerland you will need to secure reliable overseas shipping companies in the USA (like K International Transport!) and in Switzerland. Whichever overseas shipping company you decide to use in Switzerland you should confirm they can: clear your vehicle through the necessary customs, have your vehicle released from the port with all necessary port fees handles, and provide safe and reliable inland transportation to your door in Switzerland.

When shipping your vehicle overseas to Switzerland via roll-on/ roll-off (roro) service the best option is to ship the vehicle to the closest European port. The most popular international shipping ports for receiving cars going to Switzerland is through the ports of Antwerp or Zeebrugge, Belgium. Once you have shipped your car to the closest ocean port you will need to utilize one of the reliable international shipping companies in the destination port country to assist with all necessary international shipping services. Once you car arrives in Belgium or the most convenient European port, an inland transportation company can pick up your car and have it delivered up to your door in Switzerland.

Overseas auto shipping in an ocean container is also available to Switzerland from the United States. Single vehicles can be loaded into a 20' container while multiple cars can be loaded into a 40' or 40' high-cube container. Overseas car transport via container is shipped to one of the major ports in North Europe and then sent to various points throughout Switzerland by truck or rail. When the container arrives you will need the expertise of one of the top overseas shipping companies in order to assist with the unloading process. When shipping your car to Switzerland in a container international shipping services are available to Basel, Geneva, Zurich and several other major destinations in Switzerland.

Although Switzerland is one of the few landlocked countries in the world – ocean transportation and international car shipping of your favorite Porsche is still available! K International can help with international automobile shipping to Switzerland through our network of trustworthy agents. Contact us today for car shipping quotes to Switzerland and we will get back to you in 1-2 business days. Have more questions about overseas car transport services to Switzerland? Send us an email or give us a call and we will be more than happy to help!

How We Can Help You Become Successful in International Shipping Commerce Part II- Understanding Letters of Credit

Last month's article in the series "How We Can Help You Become Successful in International Shipping Commerce" focused on the importance of understanding INCOTERMS in international shipping. This week we continue with the series and focus on another shipping issue that international shipping companies can help you with – letters of credit.
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So what is a letter of credit exactly? A letter of credit is a commonly used form of payment in international commerce. The letter of credit is issued by a buyer's bank and guarantees payment to the seller.

When should you use a letter of credit in international shipping? In international shipping letters of credit are recommended when the cargo being shipped has a high value and/or the seller and buyer are establishing a new business relationship. Letters of credit are oftentimes used for customers engaged in heavy equipment shipping, commercial goods shipping, and project cargo.

What else should I know about letters of credit? The letter of credit specifies the terms and conditions that must be met before payment is made to the seller. The issuing bank (buyer's bank) will send the letter of credit document to the seller's bank (called the beneficiary bank) for review and approval. Under the most commonly used letter of credit, an irrevocable letter of credit, the issuing bank irrevocably agrees that payment will be made. The letter of credit usually stipulates the documents the seller must present to the bank. Upon approval of the required documents and all other conditions of the letter of credit are met, the issuing bank transfers payment to the seller's bank.

One of the biggest hurdles for letters of credit is discrepancies. Discrepancies could count as errors in the bank presentation and this normally results in bank payment delays for the seller or in some cases non payment! Does your business struggle with letter of credit compliance issues? Do you have difficulties understanding the terms and conditions spelled out in the letter of credit? If you answered yes to one or both of the above questions then worry no more, K International is here to help you with your various international shipping needs!

When shipping with letter of credit you want to make sure you use a prestigious and reliable freight forwarder capable of handling the international shipping services required under a letter of credit. Still considering different overseas shipping companies to handle your letter of credit shipments? Look no further than K International, we have years of experience working with letters of credit in international shipping and can provide reliable references. Whether it is construction equipment shipping, container shipping, airfreight, commercial goods, or project cargo under letter of credit, we can help!