How to Insure Your International Shipments from China
The Bill of Lading is the single most important shipping document. It serves as: receipt of goods, contract of carriage, and document of title. Three main types: Original B/L (controllable — need signed copy to release cargo), Sea Waybill (non-negotiable — cargo releases automatically), and Telex Release (electronic — fastest but no physical document). Choose based on payment terms and trust level with the buyer. For L/C transactions, only Original B/L is acceptable.
Your freight forwarder selection is one of the most important decisions in your supply chain. A good forwarder offers: competitive rates (not the cheapest), transparent pricing, proactive communication, customs expertise, and problem-solving capability. Interview at least 3 forwarders. Check their references. Start with a trial shipment before committing to a long-term relationship. A bad forwarder can cost you more in delays and damage than you save on freight.
Customs valuation is a common source of disputes. Chinese customs values goods for export based on the transaction value (the price actually paid). The importing country's customs may independently assess value. Common triggers for customs audits include: values significantly below similar goods, frequent changes in declared value, and incomplete documentation. Maintain consistent, well-documented valuation practices.