Hello all, below is a question from one of the readers.. Since I am not an expert on banking practices, I am throwing this question out to all of you to answer Geoff’s question below.. Hope there is some banker that deals in International Trade that can throw some light on this.. I am sure that all the banks have … Read more here..
Are there any advantages to using a 3rd party logistics provider.. Paul Mckergee the guest author of this article seems to think so and explains why.. What are your views..?? SUMMARY: 3rd party logistics providers offer many benefits to their customers such as enhanced tracking and monitoring of shipping containers, integrated transportation and storage systems, and increased efficiency due to … Read more here..
An interesting article about a seemingly easy and innocuous activity like opening a door.. But when you relate it to a freight container, you can see the importance that it holds.. Car manufacturers may advertise the reassuring ‘clunk’ when a car door is shut and we would generally expect to open a car door with ease. On a particularly frosty … Read more here..
Alphaliner has published the list of Top 100 container shipping lines in the world based on existing fleet and order book TEU capacity available on board operated ships.. Below is the graphical image Below is the list of Top 15 lines.. Click on the image to view the full list of 100 lines..
Everyone in the industry knows or have heard about or should know about Incoterms® which since being published first in 1936, has become the accepted and commonly used terms of trade in international trade accepted by governments, intergovernmental agencies including the United Nations, legal authorities and practitioners worldwide.. In order to discuss these terms further interactively, the International Chamber of Commerce (ICC) has … Read more here..
Further to previous post covering Part 1 of ships arrest, here’s Part 2.. Security arrest: The third category of arrests is that of security arrests which is utilised in cases where a claim is or will be arbitrated in a foreign jurisdiction or in South Africa irrespective of the law that governs the matter. Security arrests are thus sought by … Read more here..
The TT Club addresses this issue in great detail as per their article below.. The safety of containers was initially addressed when there were tens of thousands of units. Now, some 45 years later, there are tens of millions in circulation. The International Maritime Organization (IMO) has been reviewing the processes associated with the Convention for Safe Containers – are you … Read more here..
South African admiralty law assists those who have a claim against shipowners by granting claimants the entitlement to arrest a ship that enters its jurisdiction. Such action may be taken by virtue of the South African Admiralty Regulation Act, No. 105 of 1983 (the “Act”) which effectively prevents a ‘guilty’ ship from legally departing from the jurisdiction by means of … Read more here..
Got this link via email from a Fernando Souza who is a persevering Spaniard who works for Spanish Teevee.. An EXCELLENT seafaring and shipping related video that I have seen, specially the approach to Singapore.. Well done Fernando.. Watch the video here and also share it.. You can read more about Fernando here and here.. If you have any such interesting “shipping … Read more here..