Explaining Ex Works Incoterm: Benefits and how it works
Ex Works Incoterm is one of the eleven foreign trade terms that allow shipping parties, primarily the seller and the buyer, to know their responsibilities.
Yard Management Systems: The Future of Logistics
Yard management systems are the future of maritime logistics, helping improve the operational efficiency and revenue generation of container yards. Yard operations include handling containers,
Consolidation in Logistics: Definitions, Types, and Terms
Consolidation in logistics refers to combining multiple small shipments into a singular large shipment for international transportation. It is challenging for shippers to transport small
Telex Release in Shipping: A Comprehensive Guide
Telex release in shipping is an optional process that shippers, consignees, or NVOCC can use to file a release of the shipment from the shipping
Overview of port dues in shipping
Port dues in shipping refer to the charges imposed by the port authorities on vessel operators for using port facilities and services. Maritime shipping is
AMS in the Shipping Industry: A Complete Guide
AMS in shipping is an electronic system created by US Customs to transmit data across various air and ocean systems for crossing the US border.
Types of Dry Docks in Maritime Operations
Dry docks are maritime facilities where vessels are moored for maintenance and repairs. These are also used for assembling the parts to construct a new
What is the ISPS Code in Maritime Security?
ISPS code in maritime security helps ensure a safe trade and prevents loss of life due to uncertain security breaches during voyages. It applies to
Understanding the Ocean Bill of Lading in Shipping
The ocean bill of lading in shipping is a legal document issued by the ocean carrier to the shipper, which allows legal transportation of goods
Freight forwarding: Definition, Types and Benefits
Freight forwarding is the process of carrying out logistics and transportation responsibilities to allow seamless movement of goods across the supply chain. Freight forwarders are
GRI charges in the shipping industry
GRI charges in shipping refer to the increase in shipping rates by ocean carriers for maritime shipping. The increase adjusts to the increasing fuel, labour
What are the upcoming technological revolutions in maritime?
Technological revolutions in maritime shipping help overcome maritime challenges by increasing security, operational efficiency, productivity, and environmental sustainability. In earlier days, maritime shipping depended on
