High Seas Trading - what is it?
In short High Sea sale is when the cargo is already loaded on a ship and sailing on the high seas (international waters, under no jurisdiction) without actually being sold to the final buyer yet. Seller is looking for a buyer, while shipmenet is on the way. Once the […]
High Sea Trading
Trading Terms and Definitions
These acronyms and terms may prove useful for those seeking to trade sugar with us.
ASWP - An acronym standing for the term ‘Any Safe World Port’, which is used to indicate that delivery can be made to any safe port that the buyer designates. These are the biggest and popular ports.
BCL – Bank Capability Letter, […]