Ever since the start of Covid, there has been a lot of focus in the shipping industry and amongst exporters on the relative developments in spot rates and contract rates. […]
When a car breaks down, we call the towing company to have it towed away, moved to a safe place or workshop, and have it repaired. This is quite normal […]
Empty store shelves, out-of-stock products, and apologetic salespeople citing shipment delays are some of the main reasons for customer dissatisfaction. Sure enough, the blame can be pinned on a lack […]
The GDP Multiplier Ratio is a relatively little-known concept. Still, it is widely used in container shipping while evaluating the potential of new markets, preparing commercial plans and formulating long-term […]
Is it a direct shipment? A question commonly asked when shipping goods overseas. Direct shipment is the opposite of trans-shipment. These two terms are used in all modes of transport, […]
Disruptions are quite common in our lives, be they personal or professional. A family’s life may face disruption due to the health problems of a member, loss of employment, or […]
The word logistics is usually linked to the supply chain of a commercial business. It involves commercial goods, their transportation, warehousing, and redistribution. The logistics of relief goods, rescue equipment, […]
In French, the word ‘carnet’ simply means a notebook. Later on, this word came to be commonly used for ticket books or a bunch of tickets bound in the form […]
Vessel Stability measures the ship’s uprightness or how it remains at water level. Now, in a broad sense, this uprightness can be conceived from two perspectives, and ship stability can […]
Fire is one of the most common and dangerous emergency onboard ship which has lead to disastrous results including loss of property and life. As the resources available onboard to […]
Logistics is flooded with all kinds of service-providers. NVOCCs and freight forwarders are two such groups that are commonly mistaken to be the same. You’ll learn: NVOCC is an ocean […]
