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    Can a Bank Accept a Counter-Guarantee Issued by an Insurance Company?

    Additional Costs and Unit Price Adjustments Under an L/C

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Home Tag Archives: Beneficiary as Charterer

Tag Archives: Beneficiary as Charterer

Can a Beneficiary Be the Charterer Under FOB?

By Mr Old Man
September 15, 2025
in :  Mr Old Man, Payment, Q&A
0
286

Intro FOB is one of the most familiar trade terms in Incoterms® 2020. By the book, it’s always the buyer who arranges and pays for the vessel. But trade practice often colors outside the lines. A reader recently asked whether it’s possible for the beneficiary (seller) to be the charterer under an FOB sale. Let’s unpack this scenario. _________ Question …

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Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

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Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

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