Before the late 1950s, the captain of a ship was confident that he knew what cargo was on his ship. He could easily watch the cargo being hauled over the gunwale and into the hold. The introduction of the container changed all that. Being loaded and then sealed miles from the port, the only evidence […]
Read moreOcean shipping companies around the world were shocked at the sudden collapse of South Korea’s Hanjin Shipping [HJSC] last year. Witnessing the world’s seventh largest container line go bankrupt; with a cargo worth US$14 billion stranded in ports and at sea; was a wake-up call for all freight companies. Repercussions Mergers will be on the […]
Read moreIn the international ocean shipping industry, delays happen. This results in a multitude of extra charges – including demurrage and detention. Demurrage is commonly referred to as port storage – loaded containers staying in the port – before vessel arrival or after vessel discharge beyond the time allowed or agreed upon’. In other words, port […]
Read moreThree of Japan’s big shipping groups, Mitsui O.S.K. Lines Ltd., and recently announced an amalgamation of their ocean shipping companies with the establishment of a joint venture by 1 July 2017 and the commencement of the joint service from 1 April 2018. Why Merge? There has been a decided acceleration in the rate at which […]
Read moreThe sweeping changes of 2016 are predicted to affect the ocean shipping freight management industry into 2017 and beyond. To survive – even thrive – in the face of these breakthroughs shipping services and logistics providers must stay abreast of the trends that are changing the face of ocean shipping management. Automation The high cost […]
Read moreOn January 12th, 2010, a catastrophic earthquake crippled the port of Prince Rupert. Before the earthquake, the port was handling roughly 200-250 containers a day. Seven years later, and a brand-new container terminal boasts that it is: “The Fairview Container Terminal is a dedicated intermodal facility, purposely built to provide a high-velocity gateway for transpacific […]
Read moreFor a BCO, blank sailing is one of the most frustrating obstacles in your path to success. Canceled sailing invariably means a delay and possible extra expense for shippers. Why Blank Sailing? Blank sailing occurs when a liner service operator has to cancel sailings that were previously scheduled. This may be done by skipping only […]
Read moreContract management technology is helping to transform ocean freight shipping and in turn, it makes ocean shipping more reliable and eliminates any misunderstandings along the way. To find out more, keep reading. Here is how contract management technology is benefiting ocean shipping: Quoting – Proper rate and contract management technology ensure freight rates are always […]
Read moreShipping surcharges have had freight owners in a frenzy for a while as international ocean carriers, often seemingly arbitrarily, adjust their surcharges. Shipping rates change almost weekly and that causes confusion among freight owners. Keep reading to learn more. Many shippers have made their voices heard over the constant battle about surcharges. As more and […]
Read moreMaking sure that each shipping container adheres to the correct weight restrictions ensures greater safety at sea – read on to learn more. Should a container weigh more than the accepted weight, it can cause serious injuries and fatalities on both the ship and at the cargo bay. International ocean shipping companies penalize cargo owners […]
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