How to ensure profitability in sea freight shipment..

profitability in sea freight shipment - shipping and freight resource

Profitability in sea freight shipment is not a myth or a unicorn.. It is very possible.. Read how..

It is not a secret that ocean transportation and logistics is currently confronting immense change in terms of new technology, new markets, rising customer expectations, and new business models..

There have been a few articles on this blog about these advances like Blockchain based Bill of Lading, and other technologies that are shaking up the freight industry .. There are many ways the industry could develop to meet existing and new challenges, some of which are evolutionary and others are more revolutionary..

While cargo transportation is generally a complex business, in some cases it could be straightforward as well depending on how you manage it.. It is also a fact that in this high paced business environment it is not easy to follow every market trend and find answers on how to tackle the prevailing challenges easily..

Each customer and each shipment has its own issues, peculiarities, problems and characteristics.. But the main question that several shippers and services providers ask is “How to ensure profitability in sea freight shipment”..

More often than not, exporters, importers, carriers and logistics service providers experience loss due to poor planning, decision making and implementation..

A lot of people get into the industry sometimes without knowing even the basics relating to the business, the specifics relating to the business, the requirements and some of the vital information that can make or break the business.. I have even written a Beginner’s Guide to Importing for those who wanted to get into the importing business but didn’t know how..

Here are 11 steps you can follow to ensure profitability in sea freight shipment..

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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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Karachi port operations suspended due to collision of ships

Port operations were halted at Karachi port due to the collision of two Hapag Lloyd ships (the Tolten and Hamburg Bay) at the South Asia Port Terminal..

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Where Brokers Fit into the Future of Freight

Information article

Freight brokers are a traditionally integral part of the freight marketplace but often find it difficult to clearly see where they fit in amongst the waves of change now and in the years ahead. In this article we see where brokers fit into the future of freight..

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A day in the life of a Seafarer 2 – #seafarersmatter

Day of the Seafarer #seafarersmatter

As you know, the 25th of June every year is celebrated as the DAY OF THE SEAFARER under the auspices of the International Maritime Organisation (IMO)..

Day of the Seafarer (DotS as it has come to be known), is celebrated to recognize the unique contribution made by seafarers from all over the world to international seaborne trade, the world economy and civil society as a whole and to let the world know how and why #SeafarersMatter and are indispensable to everyone..

In my previous post promoting this Day of the Seafarer, I shared with you the story of Nick Chubb MNI, a former Merchant Seafarer and how he spends “A Day in the Life of a Seafarer”..

This article comes right from the top, yes from a Captain himself.. Capt.Abhishek Nair recounts the life of a Captain on board a ship..

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Beginner’s guide to importing – understand the business of importing

Image for Guide
A lot of people have entered the business of import and export without proper initiation, training, knowledge or research and have been caught unawares because they either didn’t know how to start it or didn’t bother to check how the business works and the checks and balances that needs to be considered..

Download the Beginner’s Guide to Importing to understand the complete process involved in this business..

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What happens to the original bill of lading after a shipment has been completed..??

This is a question one of the regular readers of the blog posed to me the other day.. As you might have read in my previous post https://www.shippingandfreightresource.com/2008/10/13/article-2-the-documents/ there are … Read more here..

What is a back to back shipment..??

This was a question from one the readers of the blog.. Its usually known as a back to back bill of lading rather than shipment as the shipment is actually … Read more here..

Flow of cargo in South Africa (import, export, transhipment)

I thought a graphical overview of the flow of cargo for import, export and transhipment will help the users.. So please see the image below.. In case the image is … Read more here..

Identifying a stow position

how stowage planning works

Some of the people in the industry can identify where a container has been stowed on board of a ship just by reading the stow position (also known as cell position) and also whether it is a 20’ or a 40’ container that is stowed there..

How they do this..?? Mainly based on experience in handling stowage plans, but there is a formula to it..

I will explain below..

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Types of Cargo Ships

When it comes to seafreight cargo, there are a variety of cargo ships and modes of shipping based on the cargoes available.. Container Vessels – is currently the most common … Read more here..

Import Overstay process

In this article, we will look at an extension of the import process  which is called “overstay” process.. The port gives 3 free days from date of discharge for any … Read more here..

Article 4 – Import process

Before we start the import process lets look at some definitions/explanations : Consignee or Importer : Companies that are authorised by Customs and Govt authorities to import cargoes into South … Read more here..

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