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Petrochemical

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Bill of Lading (BL) : Trustworthiness and Authentication

A bill of lading (BOL) is a legal document issued by a carrier (such as a shipping company) to acknowledge receipt of goods for transportation. It serves as a contract between the shipper and the carrier, outlining the terms and conditions of the shipment. While BOLs are generally considered reliable indicators of a genuine shipping

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ELBA (European Lawyers and Business Advisors)

E.L.B.A EUROPEAN LAWYERS AND BUSINESS ADVISORS Established in Brussels in 2007, Elba grouped European lawyers and business advisors intending to provide the economic and financial global community with state-of-the-art services throughout the most significant and fast-developing markets. ELBA Solution Our unique business approach helps us solve business problems, improve business performance, and deliver customer value

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BITUMEN

ABOUT BITUMEN Bitumen, also known as asphalt, is a black, sticky, and highly viscous liquid or semi-solid form of petroleum. It is primarily used in the construction industry for paving roads, waterproofing roofs and as a binding agent in concrete. Bitumen is also used in the production of various other products such as adhesives, sealants,

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Letter of Credit (LC) Types

What is a letter of credit? A letter of credit is a financial document issued by a bank or financial institution that guarantees payment to a seller on behalf of the buyer, as long as certain conditions are met. The basic LC procedure An open LC procedure refers to the process of opening a letter

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Standard Commercial Invoice

A commercial invoice is a document that is used to describe the goods that are being shipped. It includes information such as the name and address of the buyer and seller, the description of the goods, the quantity and price of the goods, the terms of payment, and the shipping terms. The commercial invoice is

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SWIFT BANKING KNOWLEDGE

A. Swift World Swift is the way the world moves value. Swift Network does this every single instant of every single day, right across the world. No other organization can address the scale, precision, pace and trust that this demands.Swift is unique. Swift Mechanism was established to find a better way for the global financial

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