Customer

A customer (sometimes known as a client, buyer, or purchaser) is the recipient of a Good or a service, or a product, or an idea, obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration. Etymologically, a client is someone merely inclined to do business, whereas a purchaser procures goods or services on occasion but a customer customarily or habitually engages in transactions. This distinction is merely historic. Today customers are generally categorized into two types:

  • An entrepreneur' or trader (sometimes a commercial Intermediary) who is a dealer that purchases goods for re-sale.
  • An end user or ultimate customer who does not re-sell the things bought but is the actual consumer or an agent such as a Purchasing officer for the consumer.
  • A customer may or may not also be a consumer, but the two notions are distinct, even though the terms are commonly confused. A customer purchases goods; a consumer uses them. An ultimate customer may be a consumer as well, but just as equally may have purchased items for someone else to consume. An intermediate customer is not a consumer at all. The situation is somewhat complicated in that ultimate customers of so-called industrial goods and services (who are entities such as government bodies, manufacturers, and educational and medical institutions) either themselves use up the goods and services that they buy, or incorporate them into other finished products, and so are technically consumers, too. However, they are rarely called that, but are rather called industrial customers or business-to-business customers. Similarly, customers who buy services rather than goods are rarely called consumers.

    Latest News for: Offshore market

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    Asian stocks tumble reacting to Trump's tariff announcement, Indian stock futures also down

    Beijing News 03 Apr 2025
    Asian stock markets faced a heavy sell-off on Thursday after US President Donald Trump announced reciprocal tariffs on multiple countries, including India ... The negative sentiment was not limited to Asia, as the futures of US stock markets also showed signs of distress ... Indian stock market futures were also under pressure....
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    Rupee falls in NDF market as US imposes 26% tariffs on India

    Business Line 03 Apr 2025
    The Indian rupee declined in the non-deliverable forward market on Thursday after the U.S ... The offshore Chinese yuan dropped to a one-month low of 7.3482 versus the U.S....
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    GLOBAL MARKETS-Stocks slump as US tariffs hit tech hardest

    Asahi News 03 Apr 2025
    Nasdaq futures tumbled 4% and in after-hours trade some $760 billion was wiped from the market value of Magnificent Seven technology leaders ... "People were talking earlier about whether clarity would boost the market ... Markets in Taiwan were closed for a holiday. China's yuan touched a two-month low in offshore trade, ahead of the onshore open....
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    NYK invests in Taiwanese offshore wind service player

    Splash24/7 02 Apr 2025
    Through this investment, NYK and IOVTEC will contribute to developing Japan’s offshore wind power industry and further strengthen their position in the Taiwan market. They also aim to further expand offshore ......
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    Conrad Industries Announces Positive 2024 Results

    MarineLink 02 Apr 2025
    Conrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, designs, builds and overhauls barges, dredges and dredge support equipment, tugboats, ferries, drydocks, liftboats, offshore support vessels and other steel products for both the commercial and government markets....
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    Trump’s second term: A rare opportunity for real African energy independence

    Independent online (SA) 02 Apr 2025
    Offshore projects, like Mozambique’s LNG, will remain central, but onshore opportunities are equally vast ... With US interference diminished, the continent can pursue a multi-pronged strategy - ramping up natural gas for global markets, reviving coal for domestic grids, and tapping onshore and offshore potential....
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    Hyundai yard expands capacity as Chinese shipbuilding industry comes under US threats

    Tradewinds 02 Apr 2025
    ... the Philippines at a time when US lawmakers are squeezing market leader China....
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    Tron's Justin Sun Bailed Out TUSD as Stablecoin's $456M Reserves Were Stuck in Limbo, Filings Show

    CoinDesk 02 Apr 2025
    In September 2024, TrueCoin and TrustToken (the stablecoin's owners before Techteryx) settled with the SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds....
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    Global film and TV industry braces for expansion of Trump trade war

    Screen Daily 02 Apr 2025
    In the UK, the BFI is conducting a study on the market impact of a levy on streamers ... On March 6, the European Commission responded to criticism about the EU’s Digital Services Act and Digital Markets Act, which largely seek to ensure that big tech groups comply with EU law....
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    Compliance Assurance

    The Maritime Executive 02 Apr 2025
    Alfa Laval, the market leader in ballast water management, was among the first companies to begin developing a system for BWM Convention compliance ... This long-expected market consolidation is making it harder for many owners to keep legacy systems in proper operation ... BIO-UV is quite active in the American workboat and naval markets....
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    Eiffage buys HSM Offshore Energy

    Splash24/7 01 Apr 2025
    HSM Offshore Energy is an ... The company is also focused on topsides for emerging new markets like CCS and hydrogen ... HSM Offshore Energy and Smulders have a complementary value chain for providing topsides for offshore wind farms and new emerging markets....
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    [INTERVIEW] Demand for Korea Treasury bonds robust due to WGBI inclusion optimism: MarketAxess, NHIS

    Korea Times 01 Apr 2025
    Deputy Prime Minister and Finance Minister Choi Sang-mok also held a virtual meeting with Euroclear CEO Peter Sneyers on Thursday to share Korea’s simplified tax and foreign exchange rules for potential offshore KTB investors with the Belgium-based financial market ......
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    COSCO Shipping Specialized Carriers books semisub heavylift ship at GSI

    Splash24/7 30 Mar 2025
    ... Group has returned to Guangzhou Shipyard International for a 70,000 dwt unit as part of its plan to strengthen its position in the semisub offshore transportation market segment....

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