As a Canadian Exporter, you have received an order from India, covering twelve, 20' containers, of grade A apples, to be exporter under one contract,...

As a Canadian Exporter, you have received an order from India, covering twelve, 20' containers, of grade A apples, to be exporter under one contract, but 12 different shipments. Shipment from Montreal port to Mumbai port and value of each container is USD 50,000 FOB Montreal.Canadian exporter is requesting a letter of credit at sight, supported by red-clause letter of credit, as well, covering twelve shipments. The Indian importer wants to issue a cumulative revolving letter of credit, covering each shipment, and value to be negotiated upon clean documents, and discrepant fee.What is the most feasible manner to structure this deal, and why