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To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.
Lee Hong Liang has written an interesting article about the call for standards in maritimedocumentation. The desires of maritime operators to work as local optimizers has hurt … Continue reading → To my view, it’s no doubt needed badly, and has been for years.
Maritime Law Maritime law deals with the treaties, conventions, and laws related to nautical matters, especially private maritime business. Important Points: Maritime law deals with private maritime issues, offenses, disputes, and other similar matters. Originally, admiralty laws were specific to the Royal Navy.
The safe carriage of Dangerous Goods requires several considerations, processes of approval, acceptance , carriage protocols and documentation. IMDG Code (International Maritime Dangerous Goods) is a code adopted by the Maritime Safety Committee of the International Maritime Organization by resolution MSC.122(75)
This was the year I was introduced to commercial documents, bills of lading, insurance, letter of credits, and a variety of other documents. I used to prepare most of the documents except for bills of lading. For the differences between freight forwarders and NVOCCs, please read this article. Can Fidan.
The eBL, a digital version of the traditional bill of lading, is reshaping the way businesses manage and streamline their shipping documentation. This article explores the key aspects of an eBL, its benefits, challenges, and its potential impact on the future of international trade. What is a Bill of Lading (BOL)?
The maritime shipping leg the country of export to the country of import. Documentation fees. Then there are the rules of maritime shipping, which become even more complicated if your freight includes hazardous materials. The domestic transport in the country of import. A Multitude of Cost Components. Export fees.
Maritime transport is essential to the world’s economy because more than 90% of the world’s trade is carried by sea. The IT department has come out of the basement and onto the main floor,” Rudy Muller, senior manager of IT at MVII terminal, said in an article on IoT in maritime. [ trillion globally.
This article will focus on one particular commodity that is strategically significant to all militaries that if disrupted in war severely constrains the likelihood of operational success. While shipments of containerized ammunition through state/commercial wharves are conducted using Australian Standard AS 3846.
We will also try to find out some ways to avoid these charges in this article. Also, the customs clearance process, missing documents, and miscommunications contribute to demurrage and detention charges. On the other hand, these charges are crucial tools for carriers to keep container flow and yard stock.
However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. In this article, Peregrine Storrs-Fox, Risk Management Director of TT Club writes about the importance of declaring correct cargo details and consequences of cargo misdeclaration.
In this article, we define five advantages that will transform the future of freight forwarding. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments.
The penalty fee is applicable if there is a misdeclaration of cargo weight details at the time of submission of booking submission and if the weight deviates +/- 3 tons/TEU from the weight on the final Bill of Lading Instruction details and Verified Gross Mass (VGM) documentation. March 2011: Excerpt from the publication “Container carriage.
This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting. If so, you might try leaning on some of the advice offered earlier in this article. Are you are in the practice of tendering for long-term rates?
One of the documents you may need when arranging a freight shipment to export goods abroad is the shipper’s letter of instructions. This document can be considered as a transport document. . Issuance of export documents. Exports from the United States always require the sender to issue this document.
This is also to remind everyone in the shipping chain – exporters, agents, freight forwarders , carriers, documentation teams, vessel operators, and stowage planners, the importance of providing and using the correct information for the planning and stowage of the vessel. Article republished with some critical updates.
This is an important part of maritime laws and regulations that safeguard the safety of ocean faring vessels, sea ports, seamen, crew and cargo. ISPS code regulations were introduced by the International Maritime Organization (IMO) on the 1st of July 2004. ISPS stands for International Ship and Port facility Security code.
This document acts as a form of proof that the cargo has been received from the shipper. Both the HAWB and MAWB are transport documents. However both are not documents of title and are non-negotiable. What is a MAWB or Master Air Waybill The Master Air Waybill is usually issued by the carrier of the cargo.
It is intended as a practical guide to systematic and documentable processes for those managing and operating storage facilities to ensure on-going safety but also that incidents are containable if and when they arise. “A A pivotal element of our guidance is a Warehouse Checklist,” stated Richard Steele of ICHCA.
In this captivating article, we delve into the annals of history to explore the most important events that paved the way for the extraordinary development of logistics as we know it today. Their extensive network of ports, warehouses, and trading posts revolutionized maritime logistics.
It is no secret that many major accidents are a result of inaccurate weights indicated on shipping container documentation. International Maritime Organization: MSC VGM Guidelines. Since 1948, SOLAS has been maintained and developed by the International Maritime Organization (IMO). Personal injury or death to seafarers.
If the products fall under category of consumer commodity, ORM-D is applicable and offers freedom from rules which consists of documentation and emergency response. But it still requires documentation stating dangerous good declaration, and the shipping name for perfume products is perfumery PIE. Shipping Dangerous Goods by Vessel.
This article examines the underlying causes of congestion as one of the key challenges facing the industry. The Maritime Executive has reported on the post-Brexit trade patterns which have led to slowdowns in port processing. Following delays, additional processes and documents arise.
Once the shipment is authorized, the seller’s carrier must receive the necessary documents to move the merchandise from the airport to its final destination. Any document can be presented on paper, or in an electronic format, in accordance with the provisions of the contract. DAP A6 / B6: DELIVERY / TRANSPORT / DOCUMENT.
In a recent article, I wrote about the basics of container stowage planning and why it is so important. In this article, I thought it would be worth reiterating the importance of being accurate in the declaration of the weights.
The following is a list of widely used terms that will help you with deciphering freight bills, articles, comments, and communications made by transportation professionals and the mainstream media about everything transportation. Commodity: Any article of commerce, including raw material, manufactured, or grown products.
They may be pure chemicals, mixtures of substances, manufactured products or individual articles on their own. The shipper of these hazardous materials must be aware of all the facts related to their product and must display these facts using documents, labels, etc. Use the proper documentation for transporting hazardous materials.
It places responsibility on the carrier to transport the goods to the destination airport in line with specific conditions stated in the air waybill document. Bill of Lading: A document representing a formal agreement between a shipper and carrier. It denotes that the carrier has accepted the goods for shipping.
This article examines the underlying causes of congestion as one of the key challenges facing the industry. The Maritime Executive has reported on the post-Brexit trade patterns which have led to slowdowns in port processing. Following delays, additional processes and documents arise.
Tighten up management efficiencies , especially those which concern shipping and customs documentation, to avoid unnecessary additional costs such as demurrage or detention charges at ports and terminals. If so, you might try leaning on some of the advice offered earlier in this article.
The New York Times published an article acknowledging that “veterans are working, but not in jobs that match their advanced training.” . The Transportation Worker Identification Card (TWIC) is “required by the Maritime Transportation Security Act for workers who need access to secure areas of the nation’s maritime facilities and vessels.”
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Lawyer Carlos Rodriguez offers insight on Federal Maritime Commission and hours-of-service regulations and opportunities in e-commerce. .
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Related Articles. Customs brokers usually issue delivery orders, which are their documents on their letterhead that memorialize the transactions. California port drivers, warehouse workers strike. Action targets XPO Logistics and NFI Industries operations over a wide area of Southern California.
Related Articles. Customs brokers usually issue delivery orders, which are their documents on their letterhead that memorialize the transactions. We use cookies to collect information about you for a better user experience. Click here to look at our new privacy policy. I Agree.
This article aims to increase awareness of the logistics sector’s major responsibilities and declarations of the agreement, as well as the logistics sector’s awareness of the future and current logistics.
File the right documentation to ensure no delays at the border? Read the rest of the article here: The post Brexit: Your Customs Guide appeared first on Logistics Business® Magazine. The complexity can be overwhelming – can they check the requirement for licences for hazardous goods? Check the right commodity codes are used?
.” Tariff modifications effective in 2024: The below tariff modifications appear in the latest update of the Federal Register and went into effect a few weeks ago: “Effective with respect to entries on or after September 27, 2024, articles the product of China, as provided for in subdivision (b) of U.S. ” EXCLUSIONS The U.S.
CargoSmart Launches Blockchain Initiative to Simplify Shipment Documentation Processes. “If shore-based and ship-based IT systems are linked, it could open a gateway to the COSCO ships, leaving them highly susceptible to an attack,” said Itai Sela, CEO of Israel based maritime cyber security firm Naval Dome, in a MarineLog article.
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