Abandoned cargo could be quite stressful for shipping lines, shippers, port authorities and forwarders alike and is considered to be a big headache for everyone concerned.. When a cargo is abandoned it causes severe financial losses to all parties concerned – seller, buyer, shipping line, freight forwarder, transporters, banks, Government etc etc.. It could also cause …

The International Chamber of Commerce (ICC) has launched some digital initiatives aimed at creating a collaborative cross-industry effort to enable the standardisation of digital trade.. The first one called The ICC Digital Trade Standards Initiative (DSI), will build on work done by various like minded initiatives, many of which aim to digitise trade, notably through …

Incorrect cargo details and/or misdeclaration of cargo and its details has been the bane of many shipping lines over the years.. The consequences of cargo and weight misdeclaration were so severe that the IMO had to implement SOLAS VGM regulations.. However there are still several incidents of such cargo misdeclaration including hazardous goods which have …

Can there be a difference in transit time between FCL and LCL cargo to the same destination..?? If so, why..?? A very valid question from Kehkashan Mashal Zaffar on the readers of this blog.. Before I answer the question, it is important to understand the difference between FCL and LCL, especially if you are new …

Cargo theft can occur anywhere along the supply chain, affecting local logistics, transporters, storage yards, groupage operators, LCL consolidators, ports, depots, terminals, insurance, carriers and freight forwarders equally.. BSI Supply Chain Services and Solutions and TT Club have come together again to release the BSI & TT Club Cargo Theft Report 2020 which covers a …

The much reported MARPOL Annex VI regulation (a.k.a IMO2020) which was implemented to lower the current global limit for sulphur content of marine fuels from 3.50% to 0.50% came into effect on 1st January 2020.. As of 1st March 2020, the complementary International Convention for the Prevention of Pollution form ships (MARPOL) amendment (Carriage Ban) came into …

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A new department has been established within the IMO Secretariat to focus on supporting Member States to tackle key global issues in the context of international shipping – and help promote sustainable development. The International Maritime Organisation (IMO) has a long and successful track record of matching the requirements of developing and less-developed countries with …

A Quiz is something which can help you to assess your knowledge in any field or industry.. If you think you know about Shipping and Freight, then take this Shipping and Freight Quiz.. Who better to assess your knowledge than YOURSELF..!! This quiz has 20 questions relating to day to day shipping and freight matters …