10 surprising facts about shipping industry
Most of items that we use on a daily basis is actually shipped via sea. Shipping is one of the oldest industries in world. Yet […]
cargo
Difference between Demurrage and Detention
In the movement of containerised cargo, there are several implicit charges that one needs to be cognizant about. And, as analogous/homogeneous they might seem, they […]
Documents required for commercial cargo export from India
Exporters in India are required to follow certain procedures, guidelines and laws in order to export commercial cargo out of India. In the process of […]
Ocean Freight – Spot or Contract rates
The consistent mismatch between the demand and supply capacity of freight rates has given rise to two types of rates, the spot rates and long […]
What is the difference between CY/CY and CFS/CFS terms on bill of lading?
Bill of Lading (B/L) is the most important document in ocean freight. It is issued by the carrier or freight agent to Shipper. The B/L […]