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..
As you know, the 25th of June every year is celebrated as the DAY OF THE SEAFARER under the auspices of the International Maritime Organisation (IMO)..
Day of the Seafarer (DotS as it has come to be known), is celebrated to recognize the unique contribution made by seafarers from all over the world to international seaborne trade, the world economy and civil society as a whole and to let the world know how and why #SeafarersMatter and are indispensable to everyone..
In my previous post promoting this Day of the Seafarer, I shared with you the story of Nick Chubb MNI, a former Merchant Seafarer and how he spends “A Day in the Life of a Seafarer”..
This article comes right from the top, yes from a Captain himself.. Capt.Abhishek Nair recounts the life of a Captain on board a ship..
Cyber crime.. Nothing new, but something that didn’t affect the shipping and freight industry in a big way till the 27th of June 2017 when the world’s largest container shipping line Maersk Line, was hit by the global Petya cyber attack..
This unexpected and unprecedented attack led to a huge disruption in the operations of Maersk Line..
For a few days their operations were affected because
– some of the APM Terminals were affected and gates were closed – they were unable to serve new quotes – they were unable to accept new bookings and – the attack limited their ability to communicate with their customers..
This is quite a serious issue and has come as a rude shock to many customers and the industry in general.. The delays caused by such incidents affects not just the line but also the customers that had booked their cargoes for loading on specific dates for arrival at destination within a certain time frame..
Such delays may specifically affect retail and assembly line customers (like automakers) who ship on the basis of JIT (Just In Time) deliveries where such precision in delivery is required..
While I sympathize with the affected lines and customers, this also got me thinking how shipping was done in the past, before these technological advances came about and there was no possibility of such disruptions..
This prompted me to take a stroll down memory lane and write this article on Vintage Shipping – the way it was done.. ???? This could be a nostalgic overdose for many!!
A lot of people have entered the business of import and export without proper initiation, training, knowledge or research and have been caught unawares because they either didn’t know how to start it or didn’t bother to check how the business works and the checks and balances that needs to be considered..
Download the Beginner’s Guide to Importing to understand the complete process involved in this business..
This is a question one of the regular readers of the blog posed to me the other day.. As you might have read in my previous post https://shippingandfreightresource.com/2008/10/13/article-2-the-documents/ there are many types of bills of lading one would encounter.. While each of the bills have a different ending point, the general ending point would be as explained below.. Generally, when … Read more here..
This was a question from one the readers of the blog.. Its usually known as a back to back bill of lading rather than shipment as the shipment is actually the same but the documentation will be different.. Well, back to back bill of lading is when there is an NVOCC operator involved or when a Freight Forwarder wants to … Read more here..
I thought a graphical overview of the flow of cargo for import, export and transhipment will help the users.. So please see the image below.. In case the image is not clear when you print, here’s a pdf file to download..