Trade Finance Global (TFG), the leading trade information provider and international trade finance brokerage has launched a Global Scholarship to students studying international trade and shipping, in recognition of the global trade skills deficit. The first of its kind, the scholarship provides undergraduate and postgraduate students with $700 USD / £500 grants to assist with graduate studies.
If you work in logistics, there’s a good chance that your company, and even your position, will look very different in a few years. That’s because the technology that makes our jobs possible is improving so fast that we’re still struggling to catch up!
The emphasis is being placed on client satisfaction, customer management, and finances affecting the profit margins. Good organization and planning have become critical in exporting and importing. As the years have passed, the freight industry has turned to technology to increase profits by streamlining their business.
At this point, you should be asking yourself, is my company heading the right direction? If the answer is yes, the five new trends in digital technology posted below will be of particular importance. If you haven’t been keeping up, now is a great time to get on board.
From the time that languages came into being, till date there is no ONE common language around the world that is understood by all..
Every country, region has its own language which brings along with it communication barriers..
These communication barriers affect maritime industry as well, as there are seafarers of different nationalities involved in the trade.. Different nationalities obviously means different languages and there could be these language barriers when communicating between ships..
Majority of the seafarers come from countries like Philippines, Indonesia, China, Russia, Turkey, India, USA, Japan, Korea, Canada and Malaysia.. Most of these countries are Non-Native English speaking countries so one can imagine the gap in communication between ships..
The International Code of Signals (ICS) was created to overcome these language barriers and allow ships to communicate with each other especially in situations relating to safety of navigation and people..
The International Code of Signals is an international system of signals and codes used by ships to communicate short but important message between themselves..
Cargo insurance is a type of insurance that protects a buyer or seller of goods against damages or loss of cargo..
Despite insurance having been around for centuries, there is still a feeling that any form of insurance is a “grudge purchase” and in the case of cargo shipments, many people ask the question “Do I need cargo insurance for my shipment“..??
By its nature, insurance is an intangible benefit, one that can only be tested under adverse circumstances and there is nothing more adverse than cargo damage..
• Local (Street to Street, City to City, Town to Town etc)
• Provincial (Within the same province or state etc)
• National (Province to Province, State to State etc)
• Global (International trade between countries)
• Regional (Within regional trade blocs like EU, BRICS etc)
there are several modes and types of trade/shipments around the world..
Where there is a shipment, there is a possibility of cargo damage and where there is the possibility of cargo damage………………….
Outdated technology and common mistakes shippers make can cost shippers thousands of dollars or more.. In this series of Executive Insights, we chat with the CEO of Haven – Matthew Tillman on what shippers can do to reduce error and cut costs..
An anti-apartheid artwork featuring the military vehicle Casspir was shipped from South Africa and United States as part of The Casspir Project.. Here is the news item from Transnet regarding this project..
The Casspir was synonymous with the heavy hand of apartheid oppression in the townships and urban areas of South Africa.. While designed originally as a military vehicle, it was used extensively against civilian populations in the 1980’s..
South Africa has one of the highest youth unemployment rates in Africa (at 52%). Africa also has the youngest population in the world and according to the African Economic Outlook report, this number is growing.
The continent in general, and South Africa in particular, also has a huge youth unemployment issue, a story that is often told alongside that of the continent’s economic growth prospects.
Maritime Industry is a key driver of growth and is of paramount importance to South Africa and the African continent.
One organisation has its focus on growing and developing the next generation of industry leaders for the Maritime Industry, and investing in a future maritime generation through education.