A. General overview and review of the Container Shipping industry in 2023 As we step into 2024, it would be worthwhile to briefly review how 2023 was for the shipping […]
A common refrain about the container shipping industry is that it has become highly commoditised. Analysts describing the prospects and nature of the industry, while discussing the challenges faced by […]
A seaway bill is a receipt of goods issued by the ocean carrier to the customer (also called the consignor or shipper). It is a contract by which the ocean […]
Whilst the growth of most industries has been underpinned by the rapid adoption of new technology, the shipping and logistics industry has been a notable exception in this regard. Still […]
Bustling seaports around the world handle a staggering 92% of goods traded in the world. Several thousands of intermodal containers pass through such marine logistics hubs as they are transported […]
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, […]