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In shipping, documentation, freight insurance, terminal problems, and trucking shortages are just a few of the problems we face today. But the biggest issue to address in the documentation category is the bill of lading (BL). There are two standard types of BLs, an express and original.
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.
On February 28th, 2024, The Federal Maritime Commission made a final ruling on Per Diem billing requirements, set to go into effect on May 28, 2024. This ruling will impact all individuals who are currently shipping ocean freight as it will adjust current practices for billing timeliness, the billed party and the documentation requirements.
How to avoid these pitfalls. Whether digital or manual, the business of shipping involves a lot of documentation. Or forgetting the minus in -25° C when submitting the shipping documents to the shipping line or port. Have a clear understanding of the business. You can imagine the state of the fish when it gets to destination.
Our aim here, if you’re new to the world of commercial importing and exporting , is to help you know what to look out for and where/how to concentrate resources to gain traction against larger competitors in what is becoming an ever-more-competitive arena. The maritime shipping leg the country of export to the country of import.
Also, the customs clearance process, missing documents, and miscommunications contribute to demurrage and detention charges. We can point out the most effective ways to avoid demurrage and detention charges as follows: All customs and shipping documents must be prepared in a proper way prior to arrival.
For example, many hazardous materials require specialized containment, labeling, and proper documentation and permits. Additionally, the International Maritime Dangerous Goods (IMDG) Code sets standards for transporting hazardous materials by sea.
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. In this article, we define five advantages that will transform the future of freight forwarding.
428(98) on Maritime Cyber Risk Management in Safety Management Systems. Jakob Larsen, Head of Maritime Safety & Security for BIMCO said, “The DCSA implementation guidance provides a thorough and refreshing deep dive into the challenge of how to implement cyber risk management in a shipowner company.
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.
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From pricing to documentation, from giant ocean carriers to small size brokers, everyone is pushing for customers to use digital portals, communicate less with their people, and automate as much as they can. More importantly, we are learning how to design a technology integration with teams that are handling exceptions.
The goal of maritime cyber risk management is to support safe and secure shipping, something that is resilient to cyber security risks and a natural extension of the existing safety and security management practices. 428(98) on Maritime Cyber Risk Management in Safety Management Systems.
“Almost two years ago with knowledge of the problems of the freight industry and some rough ideas of how to solve them, we’ve been able to plot, survey, and develop the systems we’ve now launched. Our long term vision is to be the underlying platform for every logistics transaction – maritime, air, truck, and rail.
Here’s how to do it. A verification risk management capability, track-and-trace helps business partners, authorities, and ultimately consumers to manage and respond to risks—both potential risks and those that have already occurred—in a responsive and documented way. Additional language available.
Before we go into details on how to ship hazardous materials, one needs to understand that different types of cargo require different measures for transportation. 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.
The exhibition virtual marketplace enables visitors to source products online, request quotations, meet exhibitors on video calls and chats, network, download documents and watch the conference. The next event will be held on 20-24th September, and features a conference and over 60 exhibitors. Roundtable Panel Discussions.
Descartes experts explain what you need to know and how to prepare, regardless of any UK/EU trade deal. File the right documentation to ensure no delays at the border? The Brexit clock is ticking down to zero. Is your business ready? accordingly. Check the right commodity codes are used?
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While there isn’t an exact answer, some may say it’s because veterans aren’t fully aware of how to use the numerous skillsets they’ve learned while in active duty. Anyone interested in becoming a truck driver will be informed by their employer which type of CDL they will need and how to apply. But why are these numbers so high?
How to stop your business from becoming a viral joke or a cautionary tale? Disruptions: in numbers No business worth their weight is going to publicise how much a supply chain disruption has cost them. Siloed communication across a supply chain, missing or misaligned documentation, the inability to track shipments and so on and so on.
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