What is the difference between a shipper owned container and a carrier owned container ??

shipper owned container and carrier owned container

What is the difference between a shipper owned container and a carrier owned container..??

A shipper owned container is a container owned by the shipper of the goods and a carrier owned container is a container owned by a carrier..

But the question may be a bit deeper than just the difference in definition between the two.. Let’s see..

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Types of shipping containers, sizes, dimensions and uses

half height rototainer - shipping and freight resource

Shipping Container, Freight Container, Container, Box, TEU, FEU – many of the synonyms and acronyms by which the common shipping container is referred to as, depending on who is talking..

Universally hailed as one of the greatest inventions of the modern world, the ubiquitous shipping container has really and truly made the world a smaller place and in my view, can be termed the one true architect of Globalisation..

The shipping container has evolved from being just a dumb box to being a smart container capable of being tracked anywhere in the world, in some cases even to the bottom of the ocean..

The shipping container comes in different sizes and types.. This is a refresher on the various types of shipping containers including some unusual shipping containers in use today, its dimensions and information relating to its use and purpose..

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Ana Ruiz Garcı́a de los Rios is FONASBA’s Young Ship Agent or Broker for 2021

Press Release on Shipping and Freight Resource

FONASBA is very pleased to announce that the winner of its Young Ship Agent or Broker Award for 2021 is Ana Ruiz Garcı́a de los Rios, of Bergé Logistics, who is based in Madrid.

Ana is both the first female winner of the Award and the first from Spain.

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Checking of Bill of Lading against Customs documents

bill of lading vs customs documents

Why does a shipping line or agent check or have to check a Bill of Lading against customs documents.. What are they checking for and what should they be checking for..??

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How cargo survey for refrigerated and frozen cargoes works

planning your shipments

Cargo that must be loaded, maintained and or carried at a particular temperature for it to arrive its destination without deterioration is classified under refrigerated cargoes.

This article looks at how cargo survey for refrigerated and frozen cargoes works.

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How to avoid Fraudulent freight forwarders and their scams

fraudulent freight forwarders - shipping and freight resource

The activity of Freight Forwarding has been around for many years and there has been a recent resurgence of the forwarder especially in the form of a digital freight forwarder. Unfortunately fraudulent freight forwarders have permeated this industry as well.

Like any industry, freight forwarding has its good and bad sides and it is quite easy to become a victim of fraud and most of the time, freight forwarders are not associated with the crime or fraud and they may be co-victims just like you.

Here are some of the ways of fraudulent freight forwarders and their scams.

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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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What is a Delivery Order and who issues it..??

Image for Delivery Order post

If you are in the shipping and freight industry, you would have no doubt heard about a Delivery Order..

This article explains in detail all about a Delivery Order – what is it, who issues it, who should it be issued to and its importance..

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Difference between Harbour, Port, Terminal, Berth, Quay, Pier, Jetty

Harbour, Port, Terminal, Berth, Quay, Pier, Jetty - Shipping and Freight Resource

Harbour, Port, Terminal, Berth, Quay, Pier, Jetty – you are not alone if you are confused about these terminologies..

To many of us, these terminologies sounds the same.. It took me also a while to understand the difference when I started out in this industry..

So here’s how it works..

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Do banks verify whether the cargo has actually been loaded on a ship..??

Image for Info

Shippers who deal with documentary credit know that the clause “Shipped on Board” on the bill of lading carries quite a bit of weight and there is often a lot of discussions, disputes and rejections from the side of the bank if there is any discrepancy in bill of lading in terms of the description of goods, customer details, shipped on board date, stamp or signature..

Since they are being so strict with documentation, one would naturally assume that the banks will verify whether the cargo covered in the bill of lading has actually been loaded on board the ship or not..

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How to safeguard cargo release using the correct type of bill of lading

Safeguard Cargo Release

An article on how to safeguard cargo release using the correct type of bill of lading.. This article is based on a case study information received from one of the readers..

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Planning to start your own shipping and freight business..?? Read this..

image for stop shipping and freight business

For any business to be successful, one needs to know the business, its model and requirements inside out.. Many businesses start with a great idea..

But there could be big gap between a great idea and a great startup and many people don’t have a clue on how to bridge this gap and may end up spending their life savings to start the business..

Forbes published an article on 10 Reality Checks Before Starting Your Own Business..

    1. Are you ready for the startup lifestyle?
    2. Are there customers with real pain and money?
    3. Is the market opportunity large and growing?
    4. Is this a crowded space already?
    5. Does your solution have hidden dependencies or costs?
    6. Do you have intellectual property to defend against competitors?
    7. Can you build a motivated and qualified team?
    8. Have you looked realistically at the costs?
    9. Do you have stamina and skills?
    10. Going “from” rather than “to”?

 

While the above is good for any business, if you are planning to start your own shipping and freight business, here are 7 reasons why you shouldn’t start your own shipping and freight business..

Yes you are reading it right..

You shouldn’t start your own shipping and freight business if :

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An NVOCC and their role in container shipping

shipping jargon - NVOCC - shipping and freight resource

NVOCC is one of the terms you would have heard quite often in day to day business particularly if you are in the US or Chinese markets..

This article explains in detail who an NVOCC is, how they work and what is their role in the industry..

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Port and Starboard on a ship – what it means

image for port and starboard light

There are several shipping jargon used in day to day business.. Port and Starboard are two such terms on a daily basis..

But not everyone is aware of the meanings and origins of these terms.. Here is an explanation..

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Roles and responsibilities of Classification Societies

classification society

The business of shipping hinges on the collaboration and action of various entities.. Shipping lines, ports, customs, ship owners, ship operators, ports and many more, all work in unison to get the cargo moving around the world..

This collaboration and co-operation is critical to ensure the safety of the ships carrying the cargo and the safety of the crew members operating the ships..

The registration of a ship plays an important role in ensuring safety and security of the ship and significantly contributes towards the protection and preservation of the marine environment..

As per IMO regulations, all ships must be surveyed in order to ensure that the ships under their register/flag are structurally sound and subscribes to design and safety standards and issue certificates which establishes a ship’s seaworthiness..

The Flag State of the vessel is the party responsible for the above survey and inspection.. This is achieved through Ship Classification..

This is achieved through Ship Classification..

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