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Order Management
1 Lessons
Cargo Insurance and Trade Finance Documentation
Understand the forwarder’s role in managing cargo risk
Understand a forwarder’s responsibilities when providing services involving foreign collection for the value of goods being shipped.
Understand the procedures for documentary and letter of credit transactions
Introduction to Cargo Risk Management and Insurance
Understand the difference between physical and financial risks to cargo, and be able to list several examples of each
type of risk
Identify four basic risk management steps that a shipper and/or their freight forwarder or other transportation
intermediary should always take to minimize cargo losses and damage
Identify and describe the basic characteristics and sections of a marine open cargo policy
