Do banks verify if cargo is actually loaded on a ship..??

Do banks verify if cargo is actually loaded on a ship..??

Shippers who deal with documentary credit know that the term Shipped on Board carries quite a bit of weight and there is often a lot of discussions, disputes, rejections etc from the side of the bank if there is any discrepancy in the shipped on board clause or date or stamp or signature..

So one would naturally assume that the banks verify if the cargo covered in the bill of lading is actually loaded on board the ship or not.. Continue Reading

What is a reefer container and how does it work..??


Simply put, reefer containers are big fridges that are used to transport temperature controlled cargoes such as fruits, meat, fish, seafood, vegetables, dairy and also also other non-food products such as flowers, pharmaceuticals and film..

How does a reefer container work..?? Continue Reading

Why Do I Want to Live in a Shipping Container ?

Shipping containers are progressing into the mainstream as alternative home and office construction building materials.

Used shipping containers make for excellent building materials; modular, easily assembled, durable, and they can drastically cut down time and labour requirements for any building project. Continue Reading

Test your knowledge – Bill of Lading

If you read the page that I have written about me and why I write this blog, you will see that one of the main reasons that I started this blog is to make shipping and freight less scary and easy for the newcomers to the industry and at the same time to share thoughts, views and opinions with others already in the industry..

One of the ways that I use to gauge the levels of knowledge is by throwing some questions from time to time and ask the readers for answers..

The last few tests were quite a while ago, so I decided to throw out another question as a test.. Continue Reading