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International Shipping Case Study

   

Added on  2023-01-12

10 Pages3213 Words70 Views
International Shipping Case
Study
1

Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Export-import Scenario:..............................................................................................................3
Relevant laws, regulations and key documents:..........................................................................3
Shipping checklist of Johnson Ltd...............................................................................................6
Evaluation of different financial institutions for insurance and letter of credit:..........................7
Evaluation of different shipping options and carriers:................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
2

INTRODUCTION
In the following project report, an attempt has been made to analyse the case study of the
shipping process of Johnson Ltd, a company which deals in production of gardening tools and
has its headquarters in London, United Kingdom. The company majorly exports to United States
to a company named Agro Ltd. based out of New York. In the following case study, all the legal
formalities are being discussed along with an evaluation of important documents required
essential for shipping. At last the report aims to evaluate different carrier companies and
financial institu
TASK
Export-import Scenario:
Globalisation and internationalisation of business organisations has facilitated the
expansion of trade beyond the national boundaries and every business organisation aims to
increase its business operations to other countries all over the world. With such dominance and
popularity of international business, passage and shipping of goods and products over the
national boundaries has gained a new dimension and angle. Johnson Ltd. is an organisation
which was founded in the year 2008 and the company has its headquarters in London, United
Kingdom. The company deals with the production and manufacturing of gardening tools which
are designed with a completely different technology and innovation. Over the last few years, the
company gained a great popularity in the local UK markets and the profitability and market share
also improved significantly (Xu, 2016). The management of the company decided to adopt a
business growth strategy which will help the company in expanding its operations beyond the
national boundaries. An extensive research of the business environment by the management of
the company resulted in an identification of the business opportunity of shipping the products
manufactured by the company to another importing company by the name of Agro Ltd. which
had its headquarters in New York, United States. Here is a brief description of the entire shipping
process followed by the company:
Relevant laws, regulations and key documents:
Governing laws:
3

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