Inconsistencies Among Terms Used in ICC Rules

Article for Documentary Credits Insight (Volume 6, No 4)

Seaports v. Inland Waterway Ports
In the UCP Articles concerning "marine/ocean" transport - such as Articles 23, 24 and 25 - the terms "port of loading" and "port of discharge" are used. In a "marine/ocean" or "port-to-port" bill of lading, the indication of ports of loading such as Toronto and Wuhan (along the River Yangtse in China) may be considered discrepancies, because ...
Port of Shipment v. Port of Loading
In the ICC's Incoterms 2000, terms such as "port of shipment" and "port of destination" are used in Clauses A4 and B3 under FAS and FOB; A3 and A4 in CFR and CIF; and A3 in DES and DEQ. If the applicant’s attorney wants to create trouble, he could argue that ...

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