Logistics Knowledge
18/07/2021 3338 Views
There are several reasons a container(s) can incur demurrage and/or detention or combined demurrage and detention.
Here are some of the major causes for demurrage and detention.
1. Delays due to incorrect documentation
2. Delays due to late receipt of documents
3. Delays due to loss of documents
4. Delays due to customs clearance or cargo inspection
5. Delays due to release of cargo at destination
6. Delays due to receiver being unreachable
02/07/2021 5256 Views
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.
14/06/2021 5659 Views
In many articles on this site, I have explained what a Bill of Lading is and its importance in the whole shipping cycle.
01/06/2021 3080 Views
When one thinks of shipping cargo by sea it immediately brings up pictures of gigantic freight cranes lifting containers onto giant freight carriers, that traverse the seas connecting different ports of the world. An estimated 85% of global trade is carried out by sea freight.
20/05/2021 3099 Views
The container which comes in various sizes/types is made up of various structural components that all work together to form a rigid rectangular structure capable of handling various types of cargo.
18/04/2021 5055 Views
When a shipper owns a freight container, it is called a Shipper-Owned Container shortened to SOC. The shipper who owns the container may be an organization or an individual.