International Trade Transactions

Our experts in International trade department draft personal proformas contracts and charter parties (including Bareboat Charters, Time Charters, and Voyage Charters) regarding loss risk mitigation.

They assist in negotiating with carriers, freight forwarders and terminals on non-payment, short delivery, wrong cargo delivery, delay in delivery, demurrage, lay time etc.

We have a dedicated team who deals with Claims handling upon non-payment, shortage, quality, demurrage, resulting in washout agreements, settlement agreements.

We also proceed on checking counteragents and negotiate with insurers of cargo and ship owners’ liability, cost recovery

We advise our clients on financing and collection options, and financing transactions through letters of credit, bank drafts, or other means. We also review transaction documents for compliance with agreed sales terms and help our clients to keep up to date on foreign economies, banking regulations, business customs and practices.

We assist our clients on both sides regarding export credit insurance services that aim to protect exporters against commercial risks (such as buyer default or slow payment) and/or economic/political risks (including war, riots, revolution, currency inconvertibility, expropriation, and changes in import or export regulations).

We are also prompt in providing effective assistance to individual’s importers/ exporters/trade companies regarding issues related to obligations under sale contracts and multiple inter-relationships within shipowners, carriers, freight forwarders and terminals.

We also advise on cargo insurance brokerage services that protect against loss or damage to cargo stored in warehouses or in transit to their export or import destinations and assess due diligence on various claims.

We assist in reviewing regulatory documents of trade contracts (GAFTA, FOSFA) in the Gulf of Guinea north eastern part of the tropical Atlantic Ocean