Decoding foreign trade terms: CFR, CIF, and FOB
Foreign trade terms, also known as international trade terms or incoterms, are acronyms commonly used in the shipping industry to define the cost transfer, risk
Difference between Maritime, Shipping, Freight, Logistics and Supply Chain
The trade industry has different operational bodies, each sounding like they mean the same but having other functions. It is very easy for shippers or
FOB Shipping: Top Benefits for Global Businesses
FOB shipping is an acronym for free onboard shipping. It is a term in the trade business where buyers and sellers negotiate the ownership of
What is a cy-cy term in shipping?
CY-CY terms are used in international transportation of goods through ships. It stands for container yard to container yard. The goods meant for international transportation
How do Geopolitical Events affect Shipping Rates and the Container Industry?
The shipping industry often faces turmoil and challenges trying to maintain the seamless flow of global trade. Geopolitical events are a significant contributor to disrupting
Stowage plan for container ships
A stowage plan for container ships is necessary for space utilisation, where containers are placed and systematically stacked onto ships. After accurate placement and stacking,
What is reverse logistics in shipping?
The logistics industry is integral in streamlining supply chain operations by efficiently packaging and transporting goods globally. Once these goods are shipped, there are possibilities
Perishable Goods Shipping: Challenges and Opportunities for the Container Industry
The demand for perishable goods is rising as more shipping companies offer reliable services and reefer containers for the international transport of temperature-sensitive shipments. Due
Role of AI in Trading and Shipping
The integration of technology in the supply chain is enhancing the role of AI in trading and shipping. Artificial intelligence, paired with technologies such as
Container Packing for intermodal transportation in shipping
Container packing is the process of systematically loading cargo into shipping containers and planning to minimize the chances of cargo damage and maximize the utilization
What are the different types of weights in a ship?
The International Maritime Organisation considers safety regulations to be maritime laws that protect life at sea and minimise the risks of cargo damage. These laws
Evolution of Container Tracking Technology
Shippers across the globe face challenges related to the loss or delay of cargo during transportation. To aid this, container tracking technology has presented a
