Monthly Archives: November 2015

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The Container Department

It has been called many names – Equipment Control, Container Control, Logistics, Container Department – whatever you call it, it is one of the most dynamic departments’ within a shipping line’s (and by extension the ships agency’s) business and this department is close to my heart as this was my first real job in a liner shipping environment..

What does this department do..??

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image for money

Letter of Credit and Trade Finance timelines

A reader asked me a question about letter of credit and trade finance timelines..

With a letter of credit. What sort of timings are usually connected to when the payment between banks occurs? Does the shipment sail prior to the LC being satisfied?

This is actually is a very good question – and the answer usually is: “it depends..” Kim Sindberg provides below comprehensive response on what it actually depends on and the relevant rules applicable..

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Shipping and Freight courses

One of the reasons that I started this blog was to assist newcomers to the industry learn and know more about the industry and also for people already in the industry to share their inputs, knowledge and engage in discussions..

Many people from around the world have sent me requests through email and through the question form in the side bar of the blog, and more often than not, I receive below question..

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