More shipping lines offering logistics services – Hapag Lloyd is now offering cargo insurance

shipping and freight news

Do I need cargo insurance for my shipment..?? Is a question asked by many customers around the world.. Whether they are exporters or importers or traders.. This is question that has been going for long and is expected to go on longer..

As much as we discuss why cargo insurance and insurers matter, in the recent past the question of who is the cargo insurer is coming to the fore as the line between the shipping line(s) and logistics services providers seems to be getting blurred..

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Questions related to shipping and freight you always wanted to ask

shipping and freight questions

If you have any questions you have always wanted to ask or things you always wanted to know about Shipping, Freight, Maritime, Logistics, Supply Chain and Trade but never got a chance or didn’t know where and who to ask, here is your opportunity..

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Empowering Women in the Maritime Community – Tabitha Logan – #IamonBoard

empowering women in the maritime community

Empowering Women in the Maritime Community is the theme for The World Maritime Day 2019 and also associated with #IamonBoard..

The fact that we need to be reminded about Women empowerment says a lot about how little has been done in this regard in the past and how much more remains to be done..!!

This theme provides us with yet another opportunity to raise awareness of the importance of gender equality in line with the United Nations’ Sustainable Development Goals, and to highlight the important, yet under-utilized contribution of women within the maritime sector..

Inspired by this theme, Shipping and Freight Resource will be featuring selected Women in the Maritime Community (whether on board or on shore) making a difference in their own and unique way.. 

I start this series with Tabitha Logan, Senior Manager – Chartering & Projects at Asia Maritime Pacific..

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Cargo theft statistics and trends

shipping and freight news

Cargo theft can occur anywhere along the supply chain affecting local logistics, transporters, storage yards, groupage operators, LCL consolidators, ports, depots, terminals, insurance, carriers and freight forwarders equally..

BSI Supply Chain Services and Solutions assesses that companies lose more than an estimated $76 million in UK alone due to cargo theft highlighting the seriousness of this issue..

TT Club one of the leading providers of insurance and related risk management services to the international transport and logistics industry and BSI have come together yet again to release the second edition of their report on global cargo theft covering the full year of 2018..

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No agreement on minimum speed requirements for ships @ MEPC74

minimum speed requirements - shipping and freight resource

224 days to go as of this post before #IMO2020 comes into effect.. I wrote recently about an open letter to IMO Member States by NGOs which states that the shipping industry must take appropriate measures to address climate change urgently..

As an initial step, these NGOs expressed their strong support for the IMO’s proposal to regulate ship speeds across various ship type and size categories.. In the letter, the NGOs said their preference would be to set maximum annual average speeds for container ships, and maximum absolute speeds for the remaining ship types, which take account of minimum speed requirements..

Of course, this was not welcomed by all, least of all by container carriers as it would result in them having to increase their fleet size to meet the delivery schedules imposed on them by the trade.. As per the carriers, this would defeat the purpose of trying to reduce GHG (greenhouse gas emissions) emissions..

The letter said that this regulation should be implemented as soon as possible and the obligation for compliance should be placed both on shipowners and operators, including charterers and called on all parties at the forthcoming IMO’s Marine Environment Protection Committee (MEPC74) to support this move..

Well, #MEPC74 has come and gone but there has been no agreement or deal on any of the proposals put forward to reduce GHG emissions..

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How Technology Is Impacting the Logistics Industry

logistics technology - shipping and freight resource

Whether you’ve been working in the logistics field for years or even decades or have just joined the career, it’s vital to stay up to date on the latest trends.

In recent years, technology has had a major impact on how firms in areas such as shipping, freight and supply chain management operate and the kinds of profits they can make.

Here are some of the ways in which technology is impacting the logistics industry.

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Tips for Safe and Effective Shipping of Potentially Hazardous Materials

All about hazardous cargo

Many business owners jump straight into nationwide and international shipments — even with potentially hazardous goods.

Yet, with your venture being liable if things go wrong, it’s necessary to continually look for ways to ensure packages arrive at their destination safely and effectively.

Here are some tips you can follow over the coming months to help you with this.

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International Women’s Day

International Women's Day 2019 - Shipping and Freight Resource

Today is International Women’s Day 2019, and on this day, I would like to wish all my women readers power, strength and courage to handle all the ideals you believe in and thank you for making the world a better place..

Of course, it is not enough that we nominate one day in a year to celebrate what women have achieved and forget about it for the rest of the year..

So, join me in making a pledge for a #BalanceforBetter and create a better gender balance in the industry and work towards achieving it..

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Freight Forwarder and Clearing Agent

difference between forwarder and clearing agent

There are several entities involved in the successful transportation of a shipment.. However big or small a shipment is, two entities stand out due to the importance of their roles in a shipment..

These entities are a Freight Forwarder and a Clearing Agent..

It is very important to understand the functions of a freight forwarder and a clearing agent and their role in a shipment as this is often confused..

While in a lot of cases, a freight forwarder and clearing agent may be the same entity, there are many cases where they are different as well and in this post we explore the similarities and difference between a freight forwarder and clearing agent..

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Institute of Chartered Shipbrokers

A while ago, I posed a question on my site “Do you have an educational qualification in Shipping, Freight or Logistics..??” with a poll, asking how many of the readers had a formal education like a degree, diploma or other formal qualifications relating to Shipping, Freight and Logistics ??

57% of readers answered with “No, I don’t have a formal education in shipping, freight and logistics”
43% of readers answered with “Yes I have a formal education in shipping, freight and logistics”

Education is an important requirement in any field in order for anyone to learn about that field and put that learning to work.. 

Such education and learning may or may not be formal depending on various circumstances..

Education and learning in Shipping, Freight and Logistics industry is no different to any other industry and in my opinion, there are not many options for formal education in our industry compared to other industries..

There is, however, one professional body that has been working hard not just to fill this gap but also to set the highest standards of professional service to the shipping industry worldwide through education, example and discipline and that body is the Institute of Chartered Shipbrokers..

As a member of the South African Branch Committee and its Johannesburg Chapter Head, I have seen the Institute growing from strength to strength creating a huge difference and impact in the lives of many of its students in their professional life.. 

Here is what you need to know about the Institute of Chartered Shipbrokers..

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A Renault’s journey to the F1 race track

A Renault’s journey to the F1 race track - Shipping and Freight Resource

The world of shipping and logistics never rests.. It is one project after another.. And when it comes to one of the world’s most expensive sports, the F1 races, logistics efforts and requirements goes up several notches equalling the sounds of the reverberating engines..

This article details the efforts and processes followed by Renault’s F1 logistics team to get their machines to the racetrack, in time, in good shape and condition..

For many logisticians, this could be as thrilling (if not more) than the race itself..

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