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..
Is the future of freight green..?? This shared infographic from Freightera shows you the options and makes you think..
As you may be aware, the IMO, has announced that the IMDG Code, 2016 Edition comes into force on 1 January 2018 for two years..
During 2017, shippers and carriers may opt to use the provisions of IMDG Code 38th amendment (38-16) or 37th Amendment (37-14)..
Currently the IMDG Code 2014 Edition which came into force on 1st January 2016 is being used and the IMDG Code Supplement, 2014 Edition will remain valid until further notice..
So what is this IMDG Code 38th amendment (38-16) all about..??
From time to time, some people come into your life to make a deep impact.. While it is customary to write about the positive impact that some people make on your life, some times, we must also talk about people that create a misguided and negative impact in people’s life..
But some times, we must also talk about people that create a misguided and negative impact in people’s life..
Whether for better or worse, technology has touched and revolutionized almost all aspects of human life and business.. Shipping and freight industry has also been touched by this technological developments under both mechanical and digital category..
An article outlining a day in the life of a shipbroker and the functions that are handled by a shipbroker.. An interesting read for anyone looking to become a shipbroker..
Just like me (and am sure many others), Shome Moitra a Business Development | Strategy | Consultative Sales Professional is also surprised and amazed at how disconnected the maritime, shipping and freight industry is to rest of the world especially since everything we use has a connection to this industry..