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Using Export Companies to Expand Cooperatives' Foreign Sales
United States Department of Agriculture Using Export Companies Agricultural Cooperative Service to Expand Cooperatives’ ACS Research Report Number 52 Foreign Sales Using Export Companies to Expand Cooperatives’ Foreign Sales Arvin R. Bunker Tracey L. Kennedy Agricultural Economists Cooperative Marketing and Purchasing Division Agricultural Cooperative Service U.S. Department of Agriculture Washington, D.C. 20250 Abstract Many agricultural cooperatives can expand foreign sales by using export management companies (EMC’s). Small cooperatives may find foreign markets too costly and time consuming to penetrate without EMC help. Larger cooperatives may use EMC’s for sales in selected foreign markets or to enhance sales of particular products. Services offered by EMC’s and typical fees are discussed along with some guidelines for selecting an EMC. Key words: Export, export management company, export trading company, agricultural cooperatives, export performance. ACS Research Report 52 December 1985 Contents iv Highlights 1 Types of Companies and Definitions 2 Description of Companies 3 Typical Services Provided by Exporting Companies 4 Products Handled 5 Market Coverage 6 Fees, Margins, and Costs 7 Ownership and Financial Structure 7 Advantages of an EMC or ETC 8 Disadvantages of an EMC or ETC 9 References 10 Appendix A: Export Trading Company Act of 1982 12 Appendix B: Tax Reform Act of 1984: Foreign Sales Corporations 15 Appendix C: Quick Reference chart for FSC’s . 111 Export management companies (EMC’s) can help cooperatives expand exports. Historically, EMC’s have assisted export operations of domestic companies in two major ways. First, as a commission house the EMC finds the foreign buyer, negotiates the sales terms, prepares export documentation, and arranges ocean freight. -
Overload Problem
IJBTS International Journal of Business Tourism and Applied Sciences Vol.2 No.2 July-December2014 AN INNOVATION APPROACH FOR IMPROVING PASSENGER VESSELS SAFETY LEVEL: OVERLOAD PROBLEM N. S. F. ABDUL RAHMAN1, H. Z. ROSLI School of Maritime Business and Management, University Malaysia Terengganu, 21030 Kuala Terengganu, Terengganu, Malaysia. ABSTRACT The purpose of this paper is to design the conceptual model concerning an innovation overloaded sensor that can be used to detect and reduce the overload problem of passenger ships. A passenger vessel becomes an important mode of transport to transfer people or goods from one destination to other destination. The passenger vessel service generates high income and profit margin to the ship operators. Thus, most ship operators are operating their vessels with over capacity of passengers for a single voyage. By doing that, the voyage and operating costs of the passenger ship can be reduced respectively. The overload passenger vessels scenario leads to the collision or sink of the vessel and also it causes the possibility of passenger death. To overcome this issue, an innovation technology incorporates the elevator concepts using the load sensor (HCC-High Capacity Compression) and use batching controller to setting the minimum and maximum capacities is recommended to be installed at the entry point of the passenger vessels. The number of passenger ship collisions due to the overloaded problem is expected to be reduced using the proposed sensor. Ultimately, the total number of passenger deaths due to this problem will automatically be reduced. Keywords: Passengers Vessels; Overload Problem; Load Sensor; Maritime Tourism Innovation; High Capacity Compressor (HCC). -
A Synoptic Overview of the Lex Rhodia De Iactu* Lex Rhodia De Iactu'ya Genel Bir Bakış
SÖĞÜT 209 A Synoptic Overview of the Lex Rhodia De Iactu* Lex Rhodia de Iactu'ya Genel Bir Bakış Asst. Prof. Dr. İpek Sevda SÖĞÜT** Antoninus dicit Eudaemoni: "Ego orbis terrarum dominus sum, lex autem maris, lege Rhodia de re nautica res iudicetur, quatenus nulla lex ex nostris ei contraria est. Idem etiam divus Augustus iudicavit. (D. XIV. 2.9) ABSTRACT This article is an overview of the concept of the general average rules that the Romans adopted from the Rhodesian Law and took place in the codification of Iustinianus. General average is one of the most ancient vestiges of maritime law and practice. Although the decline of Ancient Greece and the rise of the Roman Empire altered the influence of Rhodes maritime law; Rhodes retained its existence as a uniform code, since it was peaceful and profitable for Mediterranean trade. The Mediterranean Sea was, for more than one thousand years, only ruled by the Rhodian law, although augmented with some additions by the Romans. As a matter of fact, the lex Rhodia de iactu may be one of the most controversial issues of Roman private law, since the texts tend to be more historical than juristic. This is due to the structure and * This paper was presented at the 70th session of the Société Internationale Fernand de Visscher pour l'Histoire des Droits de l'Antiquité (SIHDA), on September 2016, in Paris/ France. ** Head of Roman Law Department at Kadir Has University, Faculty of Law in Istanbul/ Turkey. (İpek Sevda Söğüt ORCID ID: orcid.org/0000-0002-3501-6593). -
Ship Arrests in Practice 1 FOREWORD
SHIP ARRESTS IN PRACTICE ELEVENTH EDITION 2018 A COMPREHENSIVE GUIDE TO SHIP ARREST & RELEASE PROCEDURES IN 93 JURISDICTIONS WRITTEN BY MEMBERS OF THE SHIPARRESTED.COM NETWORK Ship Arrests in Practice 1 FOREWORD Welcome to the eleventh edition of Ship Arrests in Practice. When first designing this publication, I never imagined it would come this far. It is a pleasure to announce that we now have 93 jurisdictions (six more than in the previous edition) examined under the questionnaire I drafted years ago. For more than a decade now, this publication has been circulated to many industry players. It is a very welcome guide for parties willing to arrest or release a ship worldwide: suppliers, owners, insurers, P&I Clubs, law firms, and banks are some of our day to day readers. Thanks are due to all of the members contributing to this year’s publication and my special thanks goes to the members of the Editorial Committee who, as busy as we all are, have taken the time to review the publication to make it the first-rate source that it is. The law is stated as of 15th of January 2018. Felipe Arizon Editorial Committee of the Shiparrested.com network: Richard Faint, Kelly Yap, Francisco Venetucci, George Chalos, Marc de Man, Abraham Stern, and Dr. Felipe Arizon N.B.: The information contained in this book is for general purposes, providing a brief overview of the requirements to arrest or release ships in the said jurisdictions. It does not contain any legal or professional advice. For a detailed synopsis, please contact the members’ law firm. -
Marine Insurance and Reinsurance
1988 General Insurance Convention M A R I N E INSU RANC E AND REINSURANCE GISG 1988 Working Party Members:- Chairman: Colin J.W. Czapiewski David H. Craighead Peter A.G Green David M. Hart Peter N. Matthews Chris Mellor Hugh Rice Peter D. Smith David I. Tomlinson Marine Insurance & Reinsurance - An Introduction Index Page 1. Introduction 2 2. Classes of Marine Business 3 3. Types of Insurance and Reinsurance 6 4. Organisations and systems 7 5. Claims 12 6. Rating 14 7. Data Problems 21 8. Reserving 23 9. Summary and Conclusion 31 10. Bibliography 31 - 1 - Marine Insurance and Reinsurance - An Introduction The only major area of insurance in the UK without substantial actuarial involvement is that referred to as MAT: Marine, Aviation and Transport. Incidentally this state of affairs seems to apply to most overseas countries also. The Institute library is practically devoid of literature on the subject although the Chartered Institute of Insurance does have a fair amount of related information. This paper provides a basic introduction to Marine Insurance and Reinsurance, emphasising aspects of particular interest to Actuaries. Although Marine insurance is international, the paper concentrates upon business written in the UK and so many similarities exist with London Market Non-Marine. Much detail that is common· to both has therefore been left out entirely or dealt with briefly. Aviation has been omitted to preserve some brevity. The paper does not describe all the business written by Marine underwriters as this includes Incidental Non-Marine. 1· Introduction Marine business is one of the oldest areas of insurance. -
Shipping and Incoterms
Shipping and Incoterms Practice Guide UNDP PRACTICE SERIES Shipping and Incoterms Practice Guide Graphic Design, Layout and Print Production: Phoenix Design Aid A/S, Denmark. ISO 9001/ISO 14001/OHSAS 18001 certified. Printed on: This publication is printed on certified environmentally approved paper with vegetable-based inks. The printed matter is recyclable. Contents Introduction 1 1 Shipping 2 Section 1 of these guidelines is intended for persons dealing with purchasing and shipping, but it is recommended that persons at the receiving end also read it to be more familiar with how shipping operates, its terminology and documentation. Chapter 1: Importance of Transportation and Summary 2 Chapter 2: Methods of Dispatch 2 Chapter 3: Selection of Method of Dispatch 7 Chapter 4: Packing – Markings – Addresses 8 Chapter 5: Parties Involved in the Chain of Transport Events 10 Chapter 6: Shipping Documents 11 Chapter 7: Forwarding Arrangements 14 Chapter 8: Shipping Instructions 15 Chapter 9: Distribution of Shipping Documentation 16 Chapter 10: Insurance Coverage 18 Chapter 11: Insurance Claim 21 2 Receiving 24 Section 2 will explain the steps to be taken for the withdrawal of supplies upon their arrival, and especially what to do when the consignment is not in good order. Chapter 1: Retrieval 24 Chapter 2: Receipt and Inspection 25 Chapter 3: Reporting and Claims 26 Chapter 4: Feedback and Cooperation 28 Chapter 5 Examples of Claim Letters 29 3 Terms and Glossary 34 Section 3 introduces Incoterms, UNCITRAL and contains a glossary of the most common terms used in the shipping world. Chapter 1: Incoterms 34 Chapter 2: Uncitral 44 Chapter 3: Glossary 46 UNDP Practice Series, Shipping and Incoterms, November 2008 This Practice Guide is protected by international copyright laws. -
Admiralty's in Extremis Doctrine: What Can Be Learned from the Restatement (Third) of Torts Approach? Craig H
University of Washington School of Law UW Law Digital Commons Articles Faculty Publications 2012 Admiralty's In Extremis Doctrine: What Can Be Learned from the Restatement (Third) of Torts Approach? Craig H. Allen University of Washington School of Law Follow this and additional works at: https://digitalcommons.law.uw.edu/faculty-articles Part of the Admiralty Commons, and the Torts Commons Recommended Citation Craig H. Allen, Admiralty's In Extremis Doctrine: What Can Be Learned from the Restatement (Third) of Torts Approach?, 43 J. Mar. L. & Com. 155 (2012), https://digitalcommons.law.uw.edu/faculty-articles/80 This Article is brought to you for free and open access by the Faculty Publications at UW Law Digital Commons. It has been accepted for inclusion in Articles by an authorized administrator of UW Law Digital Commons. For more information, please contact [email protected]. Journal of Maritime Law & Commerce, Vol. 43, No. 2, April, 2012 Admiralty's In Extremis Doctrine: What Can be Learned from the Restatement (Third) of Torts Approach? Craig H. Allen* I INTRODUCTION The in extremis doctrine has been part of maritime collision law in the U.S. for more than one hundred and sixty years. One would expect that a century and a half would provide ample time for mariners and admiralty practitioners and judges to master the doctrine. Alas, some of the profes- sional nautical commentary and even an occasional collision case suggest that the doctrine is often misunderstood or misapplied. A fair number of admiralty writers fail to understand that the in extremis doctrine is not a sin- gle "in extremis rule," but rather several rules, all of which are related to the existence of a somewhat poorly defined "in extremis situation." Some prac- titioners and mariners also appear to believe the in extremis "rule" has been fully codified into the present Collision Regulations (either in Rule 2(b) or 17(b) or perhaps both) obviating recourse to the general maritime law cases. -
The Ocean Marine Insurance Company Limited Solvency and Financial Condition Report Year Ended 31 December 2016
The Ocean Marine Insurance Company Limited Solvency and Financial Condition Report Year ended 31 December 2016 Contents Summary A Business and Performance B System of Governance C Risk Profile D Valuation for Solvency Purposes E Capital Management F Appendices F.1 Public Disclosure Quantitative Reporting Templates F.1.1 S.02.01 Balance Sheet F.1.2.1 S.05.02.01 Premium claims and expenses (by line of business) [non-life] F.1.2.2 S.05.02.02 Premium claims and expenses (by country) [non-life] F.1.3 S.17.01 Technical Provisions [non-life] F.1.4 S.19.01 Insurance claims [non-life] F.1.5 S.22.01 Impact of transitional measures F.1.6 S.23.01 Own Funds F.1.7 S.25.03 Solvency Capital Requirement F.1.8 S.28.01 Minimum Capital Requirement F.2 Glossary of Abbreviations and Definitions F.3 Directors’ Statement F.4 Auditors’ Report The Ocean Marine Insurance Company Limited Solvency and Financial Condition Report 2016 Summary The purpose of the Solvency and Financial Condition Report (SFCR) is to provide information about the capital position of the Company at 31 December 2016 based on the Solvency II (SII) requirements. The report sets out different aspects of the Company’s business and performance, system of governance, risk profile, valuation methods used for solvency purposes and its capital management practices. Business and Performance The Company is a limited company registered in England and Wales and member of the Aviva plc group of companies (the Group). The principal activity of the Company during the year continued to be the run-off of general insurance claims. -
Insure the Box Terms and Conditions
Insure The Box Terms And Conditions Schizocarpic Yigal starts his intaglios doubled axiomatically. Mushier Reginald ensphering, his incommunicativeness floods pitchfork conceptually. Directed and weather-wise Germaine spoliates tho and routinizes his teratomas connectedly and perdie. What will provide and terms and is required for each party You evaluate write to PO Box 06107 Chicago IL 60606-107 or call 1-66-59-474. Terms of sufficient Policy is privacy day is effective July 15th 2017 If you submitted personally identifiable information to us prior to provide above effective date and. Environment conditions that position do not host a routine course of machine maintain during the. Easyship to access to ship! INTERIOREXTERIOR Glove box door pivot hinge manually operated seat tracks. Mythbuster 14 common salt box insurance myths debunked. Insects Live Jewelry Materials Having a Disagreeable Odor Mattresses and response box springs. Do something ship shirt boxes or chipboard retail gift boxes unless she put them enter a. If the term at your insurance policy is found than every year your. Terms and Conditions of every Snap-on. IOTS is superior service ship of Insure as The Spot Services Inc and its affiliates. Hand corner of other Member Portal and unchecking the Go Paperless box. Can consider child be insured on whatever car registered to hoard the parent arrow Yes seeing the. Insure your Box Reviews Read Reviews on Insurethebox. Contact We Insure Group Get A Free available Local Agent. You choice be contacted by email to verify your in By submitting your sketch you on to the REVIEWSio terms conditions This reluctant is protected by. -
COVID Meets Maritime: Strange Bedfellows
G THE B IN EN V C R H E S A N 8 8 D 8 B 1 AR SINCE WWW. NYLJ.COM VOLUME 264—NO. 39 TUESDAY, AUGUST 25, 2020 ADMIRALTY LaW Expert Analysis COVID Meets Maritime: Strange Bedfellows There's a port on a western bay Nat'l Elec. Transit Corp., 2014 U.S. And it serves a hundred ships a day Dist. LEXIS 189880 (E.D.N.Y. 2014) Lonely sailors pass the time away (finding "act of God" defense did And talk about their homes not apply to destroyed shipment —“Brandy” by Looking Glass because flooding from Hurricane Sandy was not completely "unfore- By And OVID-19 stopped the James E. Kristin E. seeable," and in order to invoke world, particularly Mercante Poling the "act of God" defense, human transportation … many activities cannot contribute to ships were not being the Carriage of Goods by Seas Act the loss in any degree). Like any "served" in port at all (COGSA) steps in and provides the defense, the burden of proving a Cand many a lonely sailor couldn’t functional equivalent that says: force majeure rests with the party get ashore or even relieved of duty. “A carrier and the vessel are not asserting it, with the “added bur- Recently, it led many to inquire: liable for loss or damage arising den of establishing lack of fault Is the COVID pandemic a force from—dangers of the sea or other in order to be exonerated from majeure? navigable waters … acts of God … liability.” See James E. Mercante, seizure under legal process … pub- Extraordinary Circumstances lic enemies … saving or attempt- Many sailors from a wide range Force majeure is an unusual ing to save life or property at sea, of countries have been on lock and extraordinary circumstance including a deviation in rendering down aboard cargo ships, cruise ships and the like, with no return that was not envisioned when a such a service.” 46 U.S.C. -
Marine Insurance, the Individual Types
Marine insurance, the individual types ProfessorTrine-Lise Wilhelmsen Scandinavian institute of maritime law Overview o Hull insurance o Total loss insurances oWar insurance o Loss of hire insurance oP&I insurance oCargo insurance Fall 2011 Marine insurance 2 1 Hull insurance Fall 2011 Marine insurance 3 1. Hull insurance o What objects are covered o Scope of cover; overview oTotal loss o Damage o Collision liability Fall 2011 Marine insurance 4 2 1.1. Objects insured o NMIP § 10-1 and 10-2 o Includes, § 10-1 (1) o (a) hull and machinery o (b) equipment and spare parts o (c) bunker and lubricating oil o Does not include, (2) o (a) articles intended for consumption o (c and d) objects for securing cargo/containers Fall 2011 Marine insurance 5 1.2. Scope of cover, overview o Narrow or wide scope of cover, § 10-4 to § 10-8 o Normally on “full conditions” o Total loss – ch 11 o Damage – ch 12 o Collision liability – ch 13 o More narrow: sailing to be scrapped Fall 2011 Marine insurance 6 3 1.3 Total loss o Actual total loss , § 11-1 o “Actual total loss” = o The ship is lost (burnt, stolen, sunk in unknown place) o Salvage technically impossible (sunk in deep water) o Salvage uneconomical (costs more than ship value) o Impossible to repair = o the ship cannot be repaired according to a technical assessment o i.e. is no longer the same ship after repair Fall 2011 Marine insurance 7 1.3 Total loss o Missing/abandoned ship, § 11-7 o Constructive total loss , § 11-6 o Ship not worthy of repair o According to a cost benefit assessment o Detailed -
Terms and Conditions
TERMS AND CONDITIONS Guys and Dollies LLC insures all items listed on this invoice, collected, and released to our service for their value not exceeding $100 US dollars per box or container (including all contents) or $100 US dollars if the item is stored alone (as in the case of furniture, separately packed electronics, etc.) unless the customer declares all items worth more than $100 US when the items are picked up. For declared items worth over $100 US, Guys and Dollies LLC covers items released to our service for a maximum of $400 per box or unboxed individual item. The maximum total coverage for all items held by Guys and Dollies LLC is $1000 US for each individual customer. For added assurance, Guys and Dollies LLC recommends and requests that the Customer add the contents stored to their (or their parent or guardians’) homeowners or renters insurance policy. This may also ensure coverage in the case of damage or loss due to earthquake, tornado, flood, war, natural disasters, fire, arson, acts of terror, acts of God, and fire suppressants and/or water damage due to fire containment systems. Guys and Dollies LLC will accept responsibility for damages, not exceeding the above stated maximums, resulting from transportation and storage except in the following cases and/or items/property listed below: ● Cash, jewelry, coins, or collectables. Items of sentimental, intangible value and/or indefinable value ● Perishable items at risk of deterioration while in storage (for example, food and organic materials), including damage to other items resulting from storing these perishable items ● Damaged or broken items without clear indication and evidence of physical damage to the box or container it was stored and/or moved in ● Any illegal substance or paraphernalia used in conjunction,guns, knives, and all other weapons ● Loss of data stored on any medium (hard drives, CDs, thumb drives) including purchased data such as music and software.