We all have seen the clause SAID TO CONTAIN or STC in a Bill of Lading issued for an FCL shipment.. What does it mean and should the Said To Contain clause be allowed or not..??
Join the discussion in this article on whether the Said To Contain clause should be allowed or not in the bill of lading and if you are a carrier that is not showing the Said To Contain on your bill of lading, how do you protect yourself from possible claims relating to shortage of cargo..
Are the clauses Said To Contain and Shipper’s Load Stow and Count interchangeable..??
Logistics companies can deploy the best technology and still fail if their personnel lack training and experience. Anyone whose been around the industry a while remembers Deutsche Post-DHL’s €345 million New Forwarding Environment (NFE) IT program disaster. And while DPDHL seems to have pulled through, mistakes like that can sink smaller firms. On the other hand, we’re well into an era where it’s impossible not to adapt and adopt new technology, which makes expert advice all the more important.
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..??
Will blockchain revolutionize the shipping and logistics industry, allowing it to move past inefficient legacy technologies by handing companies the keys to high-tech solutions, at an affordable cost? That’s ShipChain CEO John Monarch’s vision, and over the past year, his company’s platform has emerged as one of the foremost contenders in this burgeoning market.
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..
We offer tribute to one of the leaders and visionaries who shaped the shipping industry – Jacques R. Saadé – Founder Chairman of CMA CGM Group, who passed away in Marseilles on the 24th of June 2018..
New technology has opened users up to cybercrime, thanks to security loopholes, lack of training, or sometimes both. We chatted with PhishTrain Co-Founder Jake Sylvestre about how managers should think about security, and what steps they can take to protect their clients, their reputations, and ultimately, their bottom line.
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.. 🙂
We are getting close to full visibility and accountability in the shipping and freight business, thanks to blockchain.
Here’s how. Blockchain-based solutions align accountability with responsibility and create a neutral layer that incentivizes greater sharing of data.
We talked with OriginTrail CEO Tomaž Levak about how that works. “By performing consensus checks in each step of the supply chain we are effectively creating a single version of truth and supply chains with integrity,” Tomaž explained.
“Such end-to-end visibility can, in turn, be used to overcome not only data fragmentation but can support various other use cases.”
Brian Laung Aoaeh and Lisa Morales-Hellebo, co-founders of The New York Supply Chain Meetup LLC, operate under the mantra “the past ran on supply chains. The present runs on supply chains. The future will run on supply chains. The world is a supply chain.”
In their efforts to realize this vision, Brian and Lisa have joined with other supply chain professionals to curate and organize events that seek, find, encourage, and include a wide range of views and ideas on the most significant problems related to global supply chain networks.
Welcome to The New York Supply Chain Meetup..