Important Points for Committing Cargo Quantities in Tanker Ships

Original posted by Chief Officer Abhishek Bhanawat for http://www.marineinsight.com One of the most vital aspects of trading with tanker ships is loading and unloading of the cargo with utmost safety and efficiency, without polluting the marine environment.Safety of cargo operation implies and includes Continue Reading

What are Pallets and Palletizing in Shipping?

This article was originally posted by Mohit in http://www.marineinsight.com..   Pallets are plane (flat) structures utilised in cargo container ships for supporting goods or containers. Cargo consignments are piled atop these structures, the process being referred to as palletizing. Palletizing is regarded to Continue Reading

How long is a bank guarantee issued in lieu of a lost original bill of lading valid..?? – Update

Usually when an original bill of lading is lost, shipper needs to submit a bank guarantee to the shipping line to secure release of cargo.. But how long is a bank guarantee issued in lieu of a lost original bill of lading valid.?? Can the bank keep the guarantee indefinitely..??
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How long is a bank guarantee issued in lieu of a lost original bill of lading valid..??

Usually when an original bill of lading is lost, shipper needs to submit a bank guarantee to the shipping line to secure release of cargo.. But how long is a bank guarantee issued in lieu of a lost original bill of lading valid.?? Can the bank keep the guarantee indefinitely..?? Continue Reading