Shipping Advice is a detailed notice issued by the seller to the buyer (importer) or the insurance company or customs broker designated by the importer at the request of the buyer after the export goods have been loaded, so that the importer can promptly handle insurance, apply for import licenses, arrange to receive goods and handle customs clearance.
Under normal circumstances, the importer needs to track the production and stocking of the exporter from time to time, and agree with the exporter to notify the progress of each stage (such as production completion, booking time, start of shipment, completion of shipment, etc.).
Under the import trade contract concluded under FOB and CFR price conditions, it is a necessary condition of the contract for the exporter to issue a shipping notice to the consignee after the goods have been loaded. If the goods are lost or damaged, because the exporter’s overseas consignor did not issue a shipping notice to the importer after the goods were loaded, resulting in the importer’s failure to take out insurance in time, the consignor shall be responsible for compensation for the loss and damage of the goods.
The contents of the shipping notice generally include the order or contract number (Contract No.), L/C number (L/C NO.), commodity name (Commodity) and quantity (Shipment Quantity), total value (Total Value), shipping marks (Shipping Marks), port of loading (Port of Loading), date of shipment (Date of Shipment), vessel name (Vessel Name) and date of departure (Date of Departure), etc.