History of the Plimsoll Line

The History of the Plimsoll Line

The Plimsoll Line is an internationally agreed-upon reference mark located on a ship’s hull that indicates the maximum depth a vessel may safely immerse when loaded with cargo. Globally, the Plimsoll line on a vessel is officially referred to as the International load line. A commercial ship is properly loaded when the ship’s waterline equals…

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Trade Risk Guaranty hosted a webinar covering the impact COVID-19 has had on international trade.

[Webinar] The Impact of COVID 19 on International Trade

In an educational webinar, Trade Risk Guaranty discussed the impact of COVID-19 on international processes around the world. As we all personally adjust to the new reality the coronavirus pandemic has brought upon us, we must also adjust our business practices to better fit the circumstances. However, with all of the news coming out around…

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Trade Risk Guaranty discusses the amount of bond insufficiencies received throughout 2019.

Number of Insufficient Customs Bonds in 2019

TRG receives notices for insufficient Customs Bonds on the first week of every month for every bond we provide. So what did 2019 look like?   Since Trade Risk Guaranty specializes in providing U.S. Customs Bonds directly to United States importers, we are in the unique position of having a vested interest in the sufficiency…

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Trade Risk Guaranty holds a webinar explaining the changes with Incoterms® 2020.

[Webinar] Incoterms® 2020: What’s Changed?

Trade Risk Guaranty held an educational webinar covering the changes released in Incoterms® 2020 and why these changes were made. As of September 2019, the International Chamber of Commerce released the new iteration of their Incoterms® rules: Incoterms® 2020. These updates rules will replace the previous set of rules Incoterms® 2010. To get a better…

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Trade Risk Guaranty provides an educational video answering the questions: what is bond sufficiency?

[Video] What is Bond Sufficiency?

In an educational video, Trade Risk Guaranty explains the basics of bond sufficiency and how an importer must forecast their importing when an increase is necessary.   Although U.S. Customs Bond Sufficiency has always been a focus for U.S. Customs and Border Protection, the topic has become a much bigger issue for many U.S. businesses…

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Trade Risk Guaranty explains the basics of a U.S. Customs Import Bond in a short educational video.

[Video] What is a U.S. Customs Import Bond?

Trade Risk Guaranty walks through the basics of a U.S. Customs Import Bond; what they are, who they cover, and how they work. There are many parts of the importing process that can confuse and overwhelm a business that is new to international trade. However, a U.S. Customs Import Bond is one of the most…

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