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Maersk Line to inspire Danish export companies
Maersk Line to inspire Danish export companies 12 September 2013 Danish Ministry of Business and Growth has recently selected 30 leading Companies, in eight categories and designated them as “Export...
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Maersk Line is Lloyd’s List’s Company of the Year
Maersk Line is Lloyd’s List’s Company of the Year 14 October 2013 Lloyd’s list declared Maersk Line as the Company of the Year 2013. On 1 October, Lloyds honoured Maersk line by presenting annual...
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Inclusion of a new built vessel into CMA CGM Fleet
“The CMA CGM LITANI”(10622TEUs) enters into theCMA CGM fleet by 2016 It is a good news for the shipping industry as well as all related stakeholder that CMA CGM shipping line along with two other...
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The role of “Dry Port” in the intermodal maritime transportation network
Concept of Dry port – Why it has emerged? After 1970 onward, Container shipping or Containerization has revolutionized the mode of maritime freight transportation of the world during the last 40 to 50...
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MSC Oscar’ tops the list as the largest container vessel in the world
MSC Oscar’ tops the list as the largest container vessel in the world The first Tripple-E container vessel of Maersk line named “Mærsk Mc-Kinney Møller” delivered in June 2013, is no longer considered...
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CMA CGM Shipping Line adding more Mega-Container ships to it’s fleet
CMA CGM Shipping Line adding more Mega-Container ships to it’s fleet The present trend shows that the leading Container Shipping Companies of the world are competing with each other to add extra-large...
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Chartering : Unlike liner shipping, chartering is another mode of shipping business which is practiced internationally. A shipper or a charterer may wish to hire a ship from ship owner with a view to...
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Detail focus on Bill of Lading
Scanning a Bill of Lading A Bill of Lading (B/L in short) is a vital legal document in international trade without which a business deal between an overseas ‘Buyer’ & ‘Seller’ cannot take place...
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FAQ’s on Telex Release Bill of Lading
Confusion and ambiguity prevails in the shipping industry regarding the use of the term “Telex Release” with “Express Release” of Bill of lading. This confusion arises basically due to loosely use of...
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Switch Bill of Lading
What is a Switch Bill of Lading? Why shipper or holder of 1st set of Original bill of lading ask for Switch B/L..?? People working in the shipping industry, are familiar with the term ‘Switch bill of...
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Inquisitive issues / queries related to Bill of Lading – Part (1)
This article provides critical interpretation on the important issues / topics that is encountered by the stack-holders of the shipping industry in discharging their daily functions. Attempt has been...
View ArticleInquisitive issues / queries related to Bill of Lading – Part (2)
How to define B/L endorsement? Who can endorse B/L..? B/L endorsement means the authority given to the entity recorded under the consignee column of bill of lading, regarding release/delivery of the...
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History of Bill of Lading – A Short Review
Introduction The concept of bill of lading as we observe today in the early part of 21st century, is completely different from its original role. It also differs from the role played by the bill of...
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Incoterms – 2010 & its application in the international trade
Why an Exporter & Importer should learn Incoterms-2010 To ensure hazard free construction & implementation of any international sales contract with regard to sharing of costs, risk and...
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Basic differences between Ocean, Seaway and Memo Bill of Lading
Why Ocean, Seaway and Memo Bill of Lading differ from each other as a document in international trade. Ocean Bill of Lading Ocean Bill of Lading In the modern maritime transportation, Ocean Bill of...
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Some common issues related to Bills of Lading
What is the standard practice for issuance of original Bills of Lading? There is no restriction on the number of original bills of lading that can be issued by the carrier, but the number issued must...
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Details of HS Code & its role in the international trade
What does the terminology ‘HS Code’ really mean? Which organization created this Code? It’s unique role and functions in the international trade. The terminology HS Code is an abbreviation of...
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Chapter wise description of HS Code
Detail particulars of HS Code / Heading / Code Notes HS Code: HS Code 01 Heading: 0101 – 0106 Code Notes: Live animals HS Code: HS Code 02 Heading: 0201 – 0210 Code...
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History of Containerization
Overview of History of Containerization The conventional break-bulk system dominated the international trade even after the Second World War. But the invention of container and its gradual usage by the...
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Containerization
Containerization & Shipping Containers There is a sharp distinction between the term “Container” and “Containerization” which needs to be explained for clear-cut understanding. The term a container...
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