Shipping terms and updates

What is Telex release?

The Telex release is a digital cargo release service.

Using our Telex Release service, you enable your buyer to receive the cargo without having to present a physical Bill of Lading (BOL) to the carrier.

Why use it?

Compared with sending a BOL as a physical document, Telex Release is faster, more secure, sustainable and cost-efficient.

How does it work?

To use Telex Release on a shipment, you need to do the following:

  • Return the Original Bill of Lading (OBL): If the OBL has been printed, it must be returned to a Maersk office.

  • Pay the cargo release fee: Pay the cargo release fee to allow for the Telex Release of your shipment. Use MyFinance for instant payments.

  • Submit a Letter of Indemnity (LOI): You may need to provide an LOI to release the cargo in some cases. Twill Customer Care will contact you if this is required. 

Once these tasks are completed, we will arrange the release of your cargo to your buyer digitally with your instructions.

Logistics terms

What is store door delivery?
Store Door (SD), also known as Carrier Haulage is where the carrier bears the re...
What does EXW in shipping mean?
EWX (Ex Works) means that the seller delivers when it places the goods at the di...
What is Telex release?
Using the Telex Release service, you can send a Bill of Lading (BOL) in a digita...
What is a Letter of Indemnity (LOI)?
A Letter of Indemnity (LOI) is a document protecting the cargo owner from losses...
What is meant by consignee?
This person or entity is the shipment receiver and generally the owner of the sh...
Was wird unter Fracht verstanden?
Mit dem Begriff Fracht werden alle Gebühren bezeichnet, die gemäß dem anwendbare...
Was bedeutet TEU?
TEU is an acronym used in logistics, which means 'Twenty Equipment Unit' or in o...
Was bedeutet FEU?
FEU ist ein englisches Akronym, das in der Logistik verwendet wird und Vierzig-F...
Was wird in der Schiffahrt unter Änderung des Zielortes (Change of Destination, COD) verstanden?
COD is an acronym used in logistics, which means 'Change of Destination'. With T...
Was bedeutet LCL?
LCL is an acronym used in logistics, which means 'Less than Container-Load'. LCL...
Was wird unter der Zollabfertigung (Customs House Brokerage, CHB) und der Verzollung verstanden?
CHB is an acronym used in logistics for 'Customs House Brokerage'. All goods tha...
Was ist ein Warenursprungswechsel (Change of Origin, COO) in der Schifffahrt?
COO ist ein englisches Akronym, das in der Logistik verwendet wird und „Änderung...
Was bedeutet Frachtverschiffung?
Frachtverschiffung bezieht sich auf den gesamten oder einen Teil des Seetranspor...
Was bedeutet FCL?
FCL is an acronym used in logistics, which means 'Full Container-Load'. This mea...
Was bedeutet FFE?
FEU ist ein englisches Akronym, das in der Logistik verwendet wird und Vierzig-F...
Was wird unter DIT verstanden?
DIT is an acronym used in logistics, which means 'Delay in Transit'. This indica...
What does DAP in shipping mean?
DAP (Delivered At Place) means that the seller is responsible for arranging carr...
What does FOB in shipping mean?
FOB means Free On Board and is one of the most used Incoterms. It is when the se...
What is sea freight?
Sea freight is a method of transporting large quantities of products via cargo s...
What is vessel dwell time?
The vessel dwell time is the time a ship spends at port securing the vessel, dis...
What is a port of discharge?
A port of discharge is a place where a vessel discharges or unloads some or all ...
What are sweeper vessels?
Sweeper vessels are dedicated vessels sent by international carriers for specifi...
What is container turnaround?
Container turnaround is when a container is returned empty to the specific locat...
What is duty drawback?
Duty drawback is the refund of customs duties, taxes and fees paid on imported i...
What is import duty?
Import duty is a tax collected on imports and some exports by a country's custo...
What is a customs broker?
A customs broker is a professional who provides expert services by arranging the...
What does importer of record mean?
The Importer of Record carries the legal responsibility for the initial valuing,...
How to calculate TEU?
A forty foot container is regarded as two twenty foot containers or 2 TEU (somet...
Who pays for FCA in shipping?
Under the Free Carrier, or FCA Incoterm, the buyer is responsible for all freigh...
What does FCA in shipping mean?
Free Carrier (FCA) means that the seller delivers the goods to a carrier or anot...
What are Incoterms in shipping?
Incoterms are rules, that define the terms of trade for the sale of goods all ar...
How long does ground shipping take?
Ground shipping can take from a few to several days depending on the point of or...
What does ground shipping mean?
Ground shipping means 'shipped by ground'. It refers to cargo that is delivered ...
What are freight costs?
Freight costs are also known as freight charges or freight rates. It is the amou...
What is freight shipping?
Freight shipping is the transportation of large shipments of goods transported d...
What is ocean transportation?
Ocean transportation is any movement of goods and/or passengers using seagoing v...
How to ship freight?
We know that it can be hard to tap into international trade when you are new to ...
How long does ocean freight take?
Ocean freight will likely take anywhere from 20-60 days, depending on where the ...
What is ocean freight?
Ocean freight is the method of transporting containerized cargo loaded onto vess...
What is shipping?
Shipping is the physical moving of good from one point to another, such as the m...
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