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Finding and Redeeming Abandoned Loads on Globy

Currently, many companies use the services of B2B platforms, which are sites where you can sell or buy goods in bulk and arrange delivery with a supplier or find a third-party charterer. We offer you the B2B Globy marketplace. This is one of the most reputable platforms today, as evidenced by numerous positive reviews on the internet. In most cases, B2B deals are carried out without problems, but sometimes there is a situation when the customer does not pay for the goods, and the cargo stays in the port. 

In accordance with international law, the supplier is liable for abandoned cargo, meaning they must pay for the cargo to be in port. If such a situation arises, the vendor needs to look for a new buyer. To do this, the seller posts their listing on the B2B website and offers a certain discount. The minimum discount is 5%. The sooner the product expires, the higher the discount. In some cases, the seller reduces the price by 90%.

Unclaimed Cargo Section on Globy

In order to view the full list of offers, the buyer goes to the Unclaimed Cargo tab on Globy and searches for the necessary goods there. The buyer can contact the seller and negotiate the final price. After that, the documents are signed and the rights to the cargo are transferred to the buyer. Now, the buyer can pick up the cargo from the port and dispose of it at their discretion. Let’s try to figure out how a vendor can use this service on Globy, and list the steps that are needed to place a listing on the site:

  1. Register on the website as a supplier by entering the details of your company in the appropriate fields. Be careful, as the banking details can be verified. Don’t forget to add a link to the official website, and be sure to leave up-to-date contact information so that the site administration and customers can contact you.
  2. Post the listing on the website by uploading detailed information about the cargo: description, photos, additional info, documentation. You can add a video showing the product. The more information about the product, the more likely it is that the buyer will be interested in your offer. Buyers are looking for reliable suppliers.
  3. Set the discount amount. Remember, the higher the discount, the sooner the overstayed cargo will be redeemed. Keep in mind that the buyer will bargain and ask for a reduction in the discount rate. We suggest that you gradually increase the discount amount, depending on the search result of a potential buyer. 
  4. Keep track of your listings. You will have to respond to messages from interested parties. Be prepared for the fact that you will be asked additional questions about the cargo, asked to send photos, and other evidence of the integrity of the goods. If you ignore the messages, you may lose customers. Site monitoring is also needed: visit Globy more often to check your listings.

If you want to deal with this problem in more detail, then it’s best for you to visit the Unclaimed Cargo promo page and find out about all the nuances there. Following the instructions, you can create a listing correctly. You can also find answers to frequently asked questions on that page.

Why Was the Cargo Left in the Port

There are a number of reasons why the cargo remained in the port. Firstly, the consignee may have financial problems: bankruptcy of the company, inability to pay customs duties, lack of funds, and so on. Secondly, the delay of the cargo on the way may lead to the fact that the buyer will no longer need it. Thirdly, errors in documents sometimes lead to the fact that the consignee cannot pick up the cargo for legal reasons. Fourth, the goods may not meet the stated characteristics, be overdue, dented, etc. These are not all possible reasons. We remind you that if a new buyer wants to redeem the abandoned cargo, they can check the following documents: invoice, bill of lading, packing list, etc. The buyer can request a cargo inspection at the port. We recommend that you take full advantage of these features. Try the Globy platform today and get discounts on abandoned shipments.

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