Pitfalls of digitalisation in shipping and freight

Opinion Piece

Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm..

Let’s take a quick look at what these terms mean and what it is all about..

While Digitalisation is inevitable in the industry, there are also some pitfalls and you can read about the pitfalls and how to avoid it here..

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What is a Manifest Corrector and why is it required..??

manifest corrector - shipping and freight resource

A manifest is one of the key documents in the process of shipping..

A manifest lists all bills of lading issued for cargo loaded on a specific ship.. Kind of a summary if you wish..

A manifest lists the details of the cargo, the shipper, consignee, weight, measurement, packing.. There are different types of manifests:

  • Cargo Manifest – lists all information relating to the cargo excluding the freight charges..
  • Freight Manifest – lists all information relating to the cargo including the freight charges.. All charges as indicated in the manifest are either to be paid by the shipper or consignee..
  • Dangerous Cargo Manifest – a manifest that details the dangerous/hazardous cargoes on board the ship covering the Class, UN No., Description of Goods, EMS/MFAG etc..
  • Out of Gauge Manifest – a manifest that details the out of gauge (abnormal sized) cargoes on board the ship including the out of gauge details of the cargo.
  • Reefer Manifest – a manifest that details the reefer cargoes on board the ship including the temperature settings, humidity, which containers require monitoring on board – like cold treatment containers.

So what is a manifest correct and why is it required..??

This article explains what is a manifest corrector, its uses, where it can and cannot be used and how the process works..

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What is a Switch Bill of Lading and when and why is it used..??

switch bill of lading

The world of shipping and freight is very dynamic and there may be several changes that happen during the course of a shipment or post shipment..

Destinations can change, cargo routing can change, cargo release parties can change, even important documents such as a Bill of Lading may be subjected to changes..

Some may be simple amendments, but in a lot of cases, the changes or requirements may be elaborate such that it necessitates the issuance of a Switch Bill of Lading..

Read here about what it means and when and where it is used..

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Significance of Bill of Lading Clauses

Image of Switch Bill of Lading

Everyone involved in the shipping and freight industry would have come across various Bill of Lading clauses and stamps..

There are specific reasons why a Bill of Lading has clauses typed or stamped on them.. In this article we will discuss these clauses in relation to “containerized” shipments..

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What does it mean by duly discharged in terms of bill of lading..??

duly discharged bill of lading

Cargo covered by a bill of lading may only be released to the entity to whom it is consigned..

The shipping line and/or their agents at the destination must take cognisance of the type of bill of lading issued, the endorsements required on the bill of lading for the type of bill of lading before releasing the cargo..

Some lines are releasing cargo without the endorsement , some are strictly following above, some are content with releasing cargo to whoever is in possession of the bill of lading and are not seeking any endorsement or authorisation letter (in the case of release to an agent)..

What is your viewpoint on this issue and let us take a vote to see how strictly these endorsement requirements are followed..

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8 points to consider before you sign a bill of lading

points to consider before you sign a bill of lading

To the casual onlooker, signing a bill of lading may be a routine, day to day mundane job done by many people across the world.. But the fact is that there are several technicalities to be considered before signing a bill of lading..

It is important to understand that the person signing the bill of lading acknowledges the details recorded on the bill of lading.. Any bill of lading signed with the knowledge of misrepresented facts may be considered to be a fraudulent document and may result in legal consequences for the signatory..

If you are a bill of lading signatory, here are 8 points that you need to consider before signing a bill of lading.. It may be a bit of a long read, but worth it.. 🙂

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The Future of Ocean Freight – Unpacking the Logistics Blockchain Goldrush

With so many new companies launching blockchain-based shipping products, it’s clear that maritime trade will look very different in a few years.. What’s less clear is what that change will look like..

In this article we examine what barriers still exist to widespread blockchain implementation, and what companies are doing to overcome them..

We talk to startups like CargoX and established players like Agility, Maersk, IBM, Evergreen etc. to understand how shipping is changing, and where it’s going..

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What are the main causes of Demurrage and Detention

causes of demurrage and detention

In one my previous articles, I explained the Difference between Demurrage and Detention..

After reading this, a few of my readers have asked me to explain the causes of demurrage and detention..

There are several reasons a container(s) can incur demurrage and/or detention or combined demurrage and detention.. Here are some of the major reasons..

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When does a Bill of Lading become a Contract of Carriage..??

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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..

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How many original bills of lading must I surrender to get release of cargo..??

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How many original bills of lading must I surrender to get release of cargo..??

This question popped up on my comments and emails quite a few times since the beginning of this year and therefore I decided to write this short note to answer it..

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