Differences And Correlation Between Spot Rates And Contract Rates in Shipping

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. […]

Understanding Maritime Towage And Salvage

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 […]

6 Reasons That Lead To Port Congestion

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 […]

What is GDP Multiplier Ratio in Shipping?

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 […]

What are Trans-Shipment And Trans-Shipment Ports?

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, […]

Understanding Supply Chain Resilience

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 […]

What Do You Mean By Humanitarian Logistics?

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, […]

What is A Non-Operating Reefer Or NOR Shipping Container?

Shipping containers of various sizes contribute more than 90% to the transportation of cargo globally. Multimodal container shipping help move cargo between locations using more than one method of transport […]

What is an ATA Carnet in Shipping?

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 […]

What Is A Ship Trim?

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 […]

What is Fire Safety System (FSS) Code on Ships?

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 […]

NVOCC with Freight Forwarder: Your guide to differences and how to choose

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 […]

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