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..
All of you have heard about a Certificate of Origin..
In this article, I will explain about what is a certificate of origin, why it is required, who issues it etc..
A Trade agreement is a contractual arrangement between countries concerning their trade relationships and how they conduct trade with each other..
Trade agreements may be bilateral or multilateral and could be in the form of Regional Trade Agreements (RTA) between two or more partners or a Preferential Trade Agreement (PTA) under which developed countries grant preferential tariffs to imports from developing countries..
Customs department in the importing country may require a proof of origin in order to determine whether or not the cargo that is imported may be subjected to certain trade measures such as the preferential duty tariff (for stuff that is imported from with the PTA bloc), prohibted goods etc..
Customs in the exporting country may also require this proof of origin in countries where such trade measures are applicable for exports..
As per WCO’s (World Customs Organisation) definition, “proof of origin” means a document or statement (either in paper or electronic format) which serves as a prima facie evidence to support that the goods to which it relates satisfy the origin criteria under applicable rules of origin. It includes a certificate of origin, a self-issued certificate of origin, or a declaration of origin..
As a year passes by and a new year begins, we see many changes happening.. Some good, some bad, some foreseen, some unforeseen.. 2017 also had its share of these changes.. In this article we briefly examining some notable developments within the shipping industry in 2017 and what we can expect the shipping industry to do in 2018..
Dear readers thanks your votes and support, this blog won the Best Educational Blog in the SA Blog Awards 2016..
I am pleased to announce that this year again my educational blog on shipping and freight, Shipping and Freight Resource is in the running for the South African Blog Awards 2017..
The blog will compete in the category for Best Educational Blog and I seek/need your support to win this again.. 🙂