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.
Category Archives: News
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..
Port operations were halted at Karachi port due to the collision of two Hapag Lloyd ships (the Tolten and Hamburg Bay) at the South Asia Port Terminal..
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..
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..
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..
This interesting insight on the impact of extreme weather on contracts of carriage has been reproduced from Gard..
Are demurrage and detention charges justified..??
No this is not my question..!!
This is a question that has arisen on the back of rising demurrage and detention charges incurred due to port and terminal congestion at key USA gateways such as Los-Angeles/Long Beach on the West Coast and New York-New Jersey on the East Coast..
Are demurrage and detention charges paid by the shippers to the ports, terminal and shipping lines justified especially in light of the port congestion..??
Innovation is key to growth in any industry and discipline.. Shipping and Freight is no exception to this rule..
Here is a look at the three key logistical innovations that have transformed the landscape of international trade over the last 60 years and something that is keeping the business of trade alive..