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"We created the index to lubricate shipping, especially as shipping agreements are increasingly consummated over long distances and electronically," Jeremy Penn, the C.E.O. of the exchange, told me.
Thus, the federal PACT Act strengthened the provisions in the voluntary credit card and shipping agreements.
Other states have limited shipping agreements.
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The iron ore deposits of Mount Nimba are exploited under a shipping agreement with the government of Liberia.
Each company will have a minimum order amount and a basic shipping agreement.
Escrow companies allow a buyer to deposit funds with an independent third party, to be delivered to the seller once he or she has fulfilled his or her end of the supply and shipping agreement.
Most controversially, it wants to send some of the oil across the Caspian Sea by tanker to Iran, from where it could be shipped on.The agreement is a sign that China may be gaining the upper hand in the Central Asian power game.
Both participated in high-level steel talks and in the special negotiating group on a ship-building agreement.
All serum samples were shipped in agreement with German import regulations.
Though Vale may be getting a lower price from China because of fewer shipping costs, the agreements that the world's three largest iron-ore suppliers have struck reflect the same market fundamentals, says Hackett.
Maritime insurance companies told the BBC that it depends on ships' individual insurance agreements.
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CEO of Professional Science Editing for Scientists @ prosciediting.com