opinion

The Ever Given saga continues, amid positive news for some of the crew

by Categories Information, Legal, Marine Insurance, Maritime, Maritime Disasters, Maritime Law, Opinion Tags , , , , Leave a comment  4 minutes
Shipping and Freight Resource Press Release

With the Ever Given still “legally” stuck in the Great Bitter Lakes in Suez Canal, discussions and concerns have turned to various other issues relating to the cargo, the ship’s crew and General Average.

The “arrest” of the ship by the Suez Canal Authority (SCA) which intends to recover losses of around $916 million including $300 million for salvage bonus and $300 million for loss of reputation, has further complicated life for the ship crew who must have been having anxious moments no doubt.

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Vintage Shipping – a look at the way shipping was done in the 80s and 90s

by Categories Opinion, Shipping and Freight Tags , , , 20 Comments  12 minutes
vintage shipping the way it was done

Work from Home (WFH) – the “new normal” of 2020 seems to have gained worldwide acceptance since COVID-19 and has been the subject of many discussions on its merits and de-merits..

When I think about how the shipping and freight industry has adapted and is currently adapting to WFH practices, I can’t help wondering how the industry might have coped with this pandemic, the disruption it caused and if WFH would have been possible had it occurred in the 80s and 90s when things were handled much differently in the industry..

For those of you who were “born” into this current technology driven world of shipping, freight and logistics, read here how vintage shipping was done.. ?

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What does it take to be profitable in Freight Forwarding

by Categories Freight, Freight Forwarding, Opinion, Technology Tags , , , 10 Comments  10 minutes
My Opinion

Achieving and maintaining profitability has been one of the serious problems faced by many freight forwarders and more so, in these trying times..

A Freight Forwarder is a multi-function agent/operator who undertakes to handle the movement of goods from point to point on behalf of the cargo owner and the essence of freight forwarding is to ensure that the cargo is collected from the seller and delivered to the buyer at the required place, at the right price and in the same condition that it is picked up from origin using the most suitable and optimal resources and routing possible..

While reducing costs, keeping costs low or maintaining the costs over a period of time is key to achieving profitability in freight forwarding, there are also other ways to be profitable in freight forwarding..

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Are demurrage and detention charges justified..??

by Categories Demurrage and Detention, News, Opinion, Press Release Tags , 30 Comments  9 minutes
Shipping and Freight Resource Press Release

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..??

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