More shipping lines offering logistics services – Hapag Lloyd is now offering cargo insurance

shipping and freight news

Do I need cargo insurance for my shipment..?? Is a question asked by many customers around the world.. Whether they are exporters or importers or traders.. This is question that has been going for long and is expected to go on longer..

As much as we discuss why cargo insurance and insurers matter, in the recent past the question of who is the cargo insurer is coming to the fore as the line between the shipping line(s) and logistics services providers seems to be getting blurred..

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New port helicopters enter service in Durban and Richards Bay

shipping and freight news

[Durban, South Africa, 31 August 2019] Transnet National Ports Authority’s (TNPA) two new port helicopters, manufactured by Italian global high-tech company, Leonardo, went into service on Saturday, 31 August 2019 at the Ports of Durban and Richards Bay.

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CMA CGM chooses environment over Northern Sea Route

Northern Sea Route - CMA CGM

The Northern Sea Route is a shipping lane situated between the Atlantic Ocean and the Pacific Ocean along the Russian coast of Siberia and Far East.. This route crosses Barents Sea, Kara Sea, Laptev Sea, East Siberian Sea and Chukchi Sea..

Five years ago this route was quite empty between December to May.. But as per reports, currently there are more than 20 ships per day on average which are active on this route..

This is testament to the effects of climate change and global warming..

This route has become quite popular in the name of saving on transit time and costs and almost 500,000 tons of cargo passed through this route in 2018..

It has been reported that 164 different companies navigated on the route operating 26 voyages between Europe and Asia..

One shipping line however, is choosing environmental and social responsibility to protect the biodiversity of both the Arctic region and the entire planet over the Northern Sea Route..

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Executive Insights – Andrew Pike – Author of “Against all Odds” – The story of the Oceanos Rescue

Andrew Pike - Author - Against All Odds - the epic story of the Oceanos Rescue

In our latest edition of Executive Insights, Shipping and Freight Resource caught up with Andrew Pike for his insights into the Maritime industry specifically in South Africa and also about his new book “Against All Odds” The epic story of the OCEANOS rescue..

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Maersk takes a welcome step – adds mandatory customer declaration to booking

shipping and freight news

We have seen recently that container shipping lines are getting tough with regards to customer declaration or misdeclaration of dangerous goods..

It seems that the lines are really serious about containing these problems which is obviously going to benefit them and global trade..

Maersk Line seems to be on track for this..

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Shipping lines get tough on dangerous goods misdeclaration

shipping and freight news

Gatvol (ˈxʌtˌfɒl) is a commonly used South African term meaning “fed up” or “I have had it up to here”.. This is seems to be the mood in the Hapag Lloyd camp as they recently announced hefty fines for misdeclaration of dangerous goods..

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Maersk Honam becomes Maersk Halifax

shipping and freight news

Like the proverbial Phoenix rising from the ashes, Maersk Honam has a new lease on life as Maersk Halifax.. As has been reported quite elaborately here, on the 6th of March 2018, Maersk Honam, one of Maersk’s ultra-large container ships caught fire in the Arabian Sea between India’s West Coast and Oman while en-route from Singapore to Egypt..

Five crew members perished in this incident which was one of several maritime disasters which have container ships in recent history..

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The first Smart Container Innovation Lab – Contopia Labs announced by Loginno

smart containers - shipping and freight resource

A few decades ago or even a few years ago, no one would have believed that a simple rectangular steel box with 6 sides (well most of the time) would be termed “smart”.. Well, the “smart container” as it is termed now is here to stay..

Nothing displays the seriousness of this innovation better than when someone announces the setting up of the world’s first smart container innovation lab.. 

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Instant shipment insurance anyone..??

shipping and freight news

Cargo insurance covers/compensates a buyer or seller of goods against cargo damage or loss of cargo..

Despite it having been around for centuries, there is still a feeling that any form of insurance is a “grudge purchase”..

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..

One of the common complaints about getting insurance is about the tons of paperwork that needs to be completed and the time it takes for all of it to be done..

Chubb, the world’s largest publicly traded property and casualty insurance company aims to take this pain away from the customers who are interested in having their goods covered..

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