An unfortunate situation has developed in the Arabian Sea where Maersk Honam had a serious fire on board.. There have been some casualties as a result of this..
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics and Supply Chain ..
But once you are involved in the business or know about these businesses, you will very soon understand that these are very different industries with different workings, assets, architecture, requiring very different sets of qualifications, experience, expertise, knowledge and attitudes..
In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected..
In one my previous articles (which is also the MOST READ article on this site) I explained the Difference between Demurrage and Detention..
After reading this, a few of my readers have asked me to explain the causes of demurrage and detention..
There are several reasons a container(s) can incur demurrage and/or detention or combined demurrage and detention.. Here are some of the major reasons..
Freight brokers are a traditionally integral part of the freight marketplace but often find it difficult to clearly see where they fit in amongst the waves of change now and in the years ahead. In this article we see where brokers fit into the future of freight..
If you have been wishing and looking for options to ship liquid bulk cargo in a container, your wish may have come true.. REEFLEX is an innovative idea combining the capabilities of a REEfer Container and a FLEXitank to create a transportation system developed by CMA-CGM for the shipping of liquid cargo in bulk in a container..
Shipped on Board Date and Bill of Lading date – can these two dates be different..
What are the implications if they are same or different..??
I have posted a question from a reader and some questions derived from that question, relating to charges in addition to freight and what the ruling is on UCP600 and ISBP 745..
1) Would it be possible to identity all charges in addition to freight related with the loading or unloading of goods..??
2) Is the shipper allowed to show charges in addition to freight on the transport document..??
3) If the documentary credit issuer requires this to be shown on the transport document but the shipping line refuses, then what is the solution..??
As far as container shipping is concerned, the current decade or the period since Y2K has probably seen the most number of consolidations, mergers, acquisitions and alliances than any other period in container shipping history..
Could ONE (Ocean Network Express) which is the latest, be probably the last one (at least for now) in the string of consolidations, mergers and acquisitions..??
Spare and share your thoughts..
We all know what a bill of lading is and what a contract of carriage is.. But do you know when a bill of lading become a contract of carriage..?? This article examines this question in detail..
What is the difference between a shipper owned container and a carrier owned container..??
A shipper owned container is a container owned by the shipper of the goods and a carrier owned container is a container owned by a carrier..
But the question may be a bit deeper than just the difference in definition between the two.. Let’s see..