Leaders and Visionaries – Malcom McLean

Leaders and Visionaries - Malcom McLean - Shipping and Freight Resource

In any industry, there are Leaders and Visionaries.. The Maritime, Shipping, Freight, Logistics and Supply Chain industries are no exception.. Through a series of articles, Shipping and Freight Resource would like to pay tribute to Leaders and Visionaries who shaped the modern day shipping industry..

Today’s article is about Mr.Malcom McLean one of the Leaders and Visionaries who shaped the modern day shipping industry..

Who is Malcom McLean and why is he important in the shipping and freight industry..??

What does it mean by duly discharged in terms of bill of lading..??

duly discharged bill of lading

Cargo covered by a bill of lading may only be released to the entity to whom it is consigned..

The shipping line and/or their agents at the destination must take cognisance of the type of bill of lading issued, the endorsements required on the bill of lading for the type of bill of lading before releasing the cargo..

Some lines are releasing cargo without the endorsement , some are strictly following above, some are content with releasing cargo to whoever is in possession of the bill of lading and are not seeking any endorsement or authorisation letter (in the case of release to an agent)..

What is your viewpoint on this issue and let us take a vote to see how strictly these endorsement requirements are followed..

Assess your shipping and freight knowledge with this quiz..

Quiz - shipping and freight resource

So, you think you know about Shipping and Freight, huh..!! Well, who better to assess your shipping and freight knowledge than YOURSELF..!! Take this Shipping and Freight Quiz and find out for yourself..

This shipping and freight quiz is the first in a series of quizzes that I will be posting on this site..

This quiz has 20 questions relating to day to day shipping and freight matters and takes only 10 minutes to complete..

These quizzes are designed to help you :

  • identify gaps in your shipping and freight knowledge
  • expand, enhance or improve your knowledge about all things maritime, shipping, freight, logistics and supply chain
  • promote the improvement of your shipping and freight knowledge in a fun way
  • think about a particular situation from different angles or simply ‘to think out of the box’

So go ahead and take this quiz and see how you fare.. Good luck.. 🙂

Is the ship register or ship registry liable for containers falling off a ship..??

YM Efficiency - shipping and freight resource

As you may have read, I recently wrote about “Containers lost at sea, why it happens, what to do when it happens and also about What is a ship register or ship registry..

Recent news reports of 83 containers falling off a ship off the coast of Australia in heavy seas seems to have triggered a question in the minds of some people Is the ship register or ship registry liable for containers falling off a ship..??

When reading the news articles about this incident, I noticed something very interesting in the way in which the general public and the shipping fraternity identify a ship, its markings and the areas of concern.. 🙂

Emergency Bunker Surcharge – is it really an emergency..??

emergency bunker surcharge - what is your opinion

Depending on which carrier you use, you may come across various abbreviated variants of BAF (Bunker Adjustment Factor) such as BUC (Bunker Contribution), SBF (Standard Bunker Adjustment Factor) etc..

In the last week of May 2018, many carriers implemented what is known as Emergency Bunker Surcharge (EBS) or Emergency Bunker Fee (EBF) or Emergency Fuel Adjustment Factor (EFAF)..

Join the debate on whether this Bunker Surcharge and the quantum actually qualifies as “Emergency”..

What is a ship registry or ship register..??

Many of you may have heard about ship register, ship registration, ship registry, flag state, flags of convenience etc.. While a few are synonyms, the rest are not..

This article discusses the various aspects of ship registration, the types of ship registers, the conditions required to be part of a ship register, what is a flag of convenience and flag state..

How to secure and automate your network in the new era of big data

Shared article

Digitalisation is re-shaping the business world and is increasingly important for competitive edge. Transformational concepts, together with the evolution and development of new platforms, are providing unparalleled opportunities within shipping and the related transport and supply chain infrastructure.

Join Digital Ship in London on 21st June to investigate how the impact of digital business can be measured and harness the benefits of new technologies to improve performance – from ship to shore to delivery.

8 points to consider before you sign a bill of lading

points to consider before you sign a bill of lading

To the casual onlooker, signing a bill of lading may be a routine, day to day mundane job done by many people across the world.. But the fact is that there are several technicalities to be considered before signing a bill of lading..

It is important to understand that the person signing the bill of lading acknowledges the details recorded on the bill of lading.. Any bill of lading signed with the knowledge of misrepresented facts may be considered to be a fraudulent document and may result in legal consequences for the signatory..

If you are a bill of lading signatory, here are 8 points that you need to consider before signing a bill of lading.. It may be a bit of a long read, but worth it.. 🙂

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