The Future of Ocean Freight – Unpacking the Logistics Blockchain Goldrush - Shipping and Freight Resource. “Glaring inefficiencies – the company I was with wasn’t helping the industry move forward, despite the clear need for something new.” – Stephan Kukman, Founder, CEO, CargoX “Right now there are thousands of people on scooters driving around southeast Asia with backpacks full of bills of lading–negotiable financial instruments!
That’s broken and needs fixing.” – Matthew Tillman, CEO and cofounder of Haven, Inc. “In many cases, the costs associated with managing the information related to a shipment can rival the costs of actually moving the shipment[.] – Aaron Lieber, Program Director, Blockchain Trade Offering Management, IBM Stephan Kukman had more than a decade under his belt at a major logistics company, but the more time he spent on the job, the more frustrated he became with the industry’s unwillingness to address what he called, “glaring inefficiencies.” That realization prompted Kukman to quit his job and found CargoX. The big players are just as motivated. Enhanced Transparency. DNV GL contemplates ditching German branding. Having finally assumed full control of the group in December top management at class society DNV GL is contemplating dropping the GL branding of the company.
Norway’s Foundation Det Norske Veritas bought out its German partner’s stake in merged class society DNV GL three months ago ending a protracted wrangle for control of the group. The Norwegian company had agreed with German investment vehicle Mayfair to merge with Germanischer Lloyd to form class giant DNV GL in 2012, with the new brand DNV GL being unveiled in December the following year. On finally assuming full control of the group, president and CEO of DNV GL Remi Eriksen commented in December last year: “Moving forward with one strong owner with a long-term view and a fully aligned purpose will be good for DNV GL’s customers and employees.” The class society has since initiated a major branding survey. Regardless of the possible rebrand, DNV GL has been keen to stress that it will keep its maritime headquarters in Hamburg. Why Cosco, not Maersk, may be the one to beat in door-to-door integrated logistics. When Maersk announced a major refocusing of its business and combined the maritime and logistics businesses under one roof, the world of shipping took notice.
After all, moving millions of containers around the world is Maersk’s core competency, so there was a lot to like in the idea of better door-to-door integration, guaranteed transit times, and lower costs. On the other hand, there was the question of why, prior to the announcement, a brand owning a container line, terminal operator and a logistics provider could not provide the same level of integration. Competing objectives were perhaps one of the key reasons. Under normal circumstances, a strong carrier like Maersk can demand the terminal to give it preferential windows, volume discount breaks, and lower costs per move. The terminals, facing increasing costs of operations, would be vigorously defending their pricing and their bottom lines.
Retail Giant JD.com Developing AI-Blockchain Supply Chain. The New Giants of Container Shipping. Carrier liability includes these return charges. Bitcoin Venture Starts Disrupting Shipping. New TEU Cryptocurrency Offered to Shippers. Hapag-Lloyd has become the latest container shipping line to introduce a cancellation/no-show fee, as carriers appear increasingly intent on penalising shippers and forwarders that book slots on services but don’t arrive with the cargo on time.
The German carrier has announced a $60 fee for all export shipments from Singapore to India from 9 June on “all bookings which are cancelled within three calendar days prior to vessel arrival”. It would appear carriers are increasingly “testing the water” with cancellation fees on selected, smaller-volume tradelanes The fee follows a similar announcement from CMA CGM on shipments out of Europe to ports in the Indian subcontinent, Middle East Gulf and Red Sea. “CMA CGM has been facing a large number of shortfalls due to late cancellations, preventing us from accepting bookings on behalf of other valued customers,” the company said. “Due to strong demand for exports in corridors from North Europe to Middle East, Red Sea and IPBS [India, Pakistan. Hapag-Lloyd finally completes merger with UASC - The Loadstar. © Jannis Werner Hapag-Lloyd and UASC today pushed through further consolidation in the liner shipping industry as the pair finally completed their merger.
The UASC brand will be gone by the end of October when the integration will be complete. The merged entity will have a value of about $8bn, according to one market analyst. A Hapag-Lloyd spokesperson told The Loadstar: “One of the biggest benefits will be cost savings: cost-cutting behaviour can be copied, but true synergies can only be achieved through M&A activity. “By acquiring UASC we will have the youngest and largest, on average, fleet in the world. “It will also greatly diversify our product portfolio.”
The lines expect to see annual synergies of about $435m, with a significant portion realised next year and the full amount achieved in 2019. Mitsui O.S.K. Lines. Containership MOL PERFORMANCE Service network covers the world MOL's containership services link the world.
Our growth is particularly strong in Asia, which has seen tremendous economic expansion in recent years, and we have traditionally held an advantage in South American and African markets. We are expanding our network with more port coverage and increased service frequency, not only with our own services but also in joint operations with partners.
Incoterms. RulesA) It is the seller's primary duty to deliver the goods on board the vessel named by the buyer at the named port of shipment on the date or within the period stipulated and in the manner customary at the port. the reference "the manner customary as the port" highlights the problem of using the passing of the ship's rail as the guiding factor in practice.
The parties in these circumstances will have to follow the custom of the port regarding the actual measures to be taken in delivering the goods onboard. Usually the task is performed by stevedoring companies, and the practical problem normally lies in deciding who should bear the costs of their services.B) Special agreement to be made to establish who is responsible for 'trimming' or 'lashing and securing'.C) Special agreement to be made to establish who actually is to pay import duty and/or other import taxes.
Interactive: The 50 Largest Ports in the World. Top 50 World Container Ports. Daily Briefing 31/10/2014. The real cost of carrier cost-cutting. Jump to navigation JOC › Maritime News › Container Lines › Maersk Line The real cost of carrier cost-cutting Ocean carriers’ relentless drive to reduce costs is starting to show results, but everyone else is paying a heavy price.
Maritime News›Container Lines›Maersk Line Port News. What’s Needed to Ease Drayage Gridlock? Cooperation. Rotterdam congestion hurts carriers’ schedule reliability. Jump to navigation JOC › Port News › European Ports › Port of Rotterdam Rotterdam congestion hurts carriers’ schedule reliability.
Container Freight Rate Insight – Home of freight rate pricing. Suez vs. Panama: A Canal Comparison. Drewry Container Insight. Container Shipping in Ten Steps. SVENDBORG MAERSK Current position (IMO 9146467) - Vessel Finder.
How to differentiate BL and HBL? What is the Difference between BL and HBL?
Bill of Lading. Bill of Lading (sample, PDF) Bill of Lading released by our company (sample, JPG) The document which covers transport by sea. Signed by the carrier, whether a shipping line or a freight forwarder, it serves as a receipt to the consignor for the goods, as evidence of the contract of transport containing the conditions of transport, and as a document of title by which possession of the goods can be transferred. Typically a B/L is issued in a set of three signed originals or negotiables, one of which must be presented to claim the goods upon which the others become void. Bills of Lading. You see it almost everyday, you endorse it, stamp it, keep it in your files for years, you pay thousands of dollars to a bank sometimes to get a hold of this piece of paper, sometimes you take it to your lawyer.
It’s arguably the most important and widely used document in the shipping industry. It can also be one of the most overlooked items when making shipments. The functions of the bill of lading were gradually created by the practical needs and technical developments of a certain time. I think it’s necessary to understand how the bill of lading evolved into the instrument that we know today. Bills of “Loading” as they were once called have been around for centuries, the early transportation contracts began to appear in 13th century. Originally merchants in the old days didn’t really have a need for such a document when transporting their goods, because merchants were often also the master of the ship or at least they used to travel at sea with their merchandise. Difference between House and Master Bill of Lading - Shipping and Freight Resource. What is the difference between House Bill of Lading, Master Bill of Lading.. House Bill of Lading (HBL) is issued by the NVOCC/Freight Forwarder to the actual customerMaster Bill of Lading (MBL) is issued by the Shipping Line (Carrier) to the NVOCC/Freight Forwarder – also known as Ocean Bill of LadingHouse Bill of Lading will be an EXACT replica of the Master Bill of Lading issued by the actual Shipping line in respect of cargo details..
The only difference will be that the shipper, consignee and notify party details will be different in the HBL and MBL.. China Airports Map, Airports in China. China Airports comprise both international and domestic airports.Airports are categorized into airports with paved runways and airports with unpaved runways.
Air transportation is a major public transportation mode in China. Over the last one or two decades, the civil aviation industry in the country has developed to a significant extent. China Airports include both domestic and international airports. China had 467 airports in 2007. Beijing Capital International Airport (PEK), Shanghai Pudong International Airport (PVG), Shanghai Hongqiao International Airport (SHA), and Guangzhou Baiyun International Airport (CAN) are the major international airports in the country.
Official Website for the Panama Canal Expansion. MSC Monterey Suffers Crack Off Canada – UPDATE. MOL Comfort: Fire Continues to Rage, Nothing Left [IMAGES] Shippers Worried About New Mega-Alliance of Three Top Ocean Carriers. G6 Alliance wird auf Fahrtgebiete Transpazifik-Westküste und Atlantik ausgeweitet - hofmannalbrecht - Gmail. G6 Alliance plans transpacific, transatlantic expansion. The Economics of Transport: A Theoretical and Applied Perspective - Jonathan Cowie, Stephen Ison. BlueWater Reporting. BlueWater Reporting - Home. Incoterms Definitions Part 2: CFR, CIF, CPT, CIP. Incoterms Definitions Part 2: CFR, CIF, CPT, CIP What do these incoterms mean? Today we continue our incoterms blog series going through Group C incoterms.
If you're just finding us, you can click here to see Incoterms Definitions Part 1 which covered Group E and Group F. For an introduction and overview of incoterms, click here. Now to Group C incoterms. Here's what they mean: 1. Made Easy eGuide to Incoterms 2010 Rules. Made Easy eGuide to Incoterms 2010 Rules. Maritime Incoterms NOT for Containers -Incoterms 2010 Videos Part 5.
Incoterms 2010 Videos relating to The International Chamber of Commerce (ICC) announcement that Incoterms® 2010 launched in September 2010 take effect from 1 January, 2011. Incoterms 2010 Videos Part 5 Maritime Incoterms NOT for Containers Click Video above to play. JOC - September 30, 2013 (34-35) JOC - September 30, 2013 (28-29)
Carriers accelerate drive for ship scale economies. Informationen zu Frachtberechnung Seefracht. Shipping and Logistics - Cargo Insurance Documents and Information. Rate quoted and agreed should be entered on the B/L and or invoice Copy of ocean bill of lading, air waybill or straight bill, as applicable, to include: place of origin port of departure and departure date port of arrival and arrival date final destination transshipment point(s), if any vessel name and voyage number mark and numbers Special instructions, if any (including letter of credit requirements, special shipping conditions, etc.) Name, address, contact and phone number of party to be shown as insured party Instructions for distribution of certificate originals and copies Payment information/bill-to party Insurance certificates issued include the following information and instructions: All necessary information and documents should be received by Crowley prior to departure of shipment.
Untitled. July 19, 2013. South Korea Evolves — Slowly. Jump to navigation JOC › International Trade News. Q&A: Proposed Changes to Truck Drivers' Hours of Service. Jump to navigation Q&A: Proposed Changes to Truck Drivers' Hours of Service. CMA CGM, Maersk Line and MSC to Partner on East-West Trades. Jump to navigation. Infographic: How the P3 Network Stacks Up. Salvage Operation Planned for Fractured MOL Comfort. Jump to navigation JOC › Maritime News › Container Lines › Mitsui O.S.K.
Infrastrukturprojekt: Die Finanzierung ist noch völlig unklar. Infrastrukturprojekt: Der Große Kanal spaltet Nicaragua Seite 2/2: Nicaraguas Präsident Daniel Ortega (links) und Wang Jing zeigen nach der Unterzeichnung das Rahmenabkommen zum Bau des Kanals. | © Inti Ocon/AFP/Getty Images. Special Craft - GL - Ship Types. Whether for industry, private operation, research or governmental tasks, special craft have to withstand different environmental conditions – and DNV GL ensures that they can. Special crafts include tugs, ice-breakers, work ships, pilot boats, dredgers, pontoons and floating cranes, among others.
The Great Nicaragua Canal: Chinese Company Backs Megaproject. Www.verkehrsrundschau.de/bildergalerien/containerschiff-alexander-von-humboldt-1249142.html. Nicaragua plant Konkurrenz für den Panama-Kanal. Www.maritime-executive.com/article/Free-Market-Forces-Demanding-Lower-Container-Shipping-Costs-2013-06-06/ AS Daily June 11, 2013 - Stockton barge delivers first containers to Oakland - hofmannalbrecht - Gmail. Container Trades Statistics. China’s foreign ports: The new masters and commanders. Your five day intensive course on both Time and Voyage Charterparties - hofmannalbrecht - Gmail. Arctic Sea Lanes Become More Attractive to Europe-to-East Asia Traffic. Capacity Hikes Erode Carriers' Rate Leverage, Drewry Says. Staatsverschuldung: Die Ökonomen-Seifenoper.
Upcoming Webinar: The Paper Chase - E-Invoicing's Impact on Ocean Freight Billing - hofmannalbrecht - Gmail. Carriers Elevate Rates to Avoid Renegotiating Trans-Pacific Contracts. Containers - Germanischer Lloyd will classify CSCL ultra-large boxships. Grimaldi Group. Innovation: Big bills left in the shipping container. Www.maritime-executive.com/article/Is-the-Industry-Bogged-Down-by-Administrative-Work-2013-05-07/ AS Daily May 21, 2013 - Florida Gov. Scott's budget favors ports - hofmannalbrecht - Gmail. Slideshow: Triple E Designed for Efficiency. Drewry forecasts more slow steaming. Slow-Steaming to Escalate, Drewry Says. Trade Lanes News.
Containers - Freight Forecaster: Labour dispute resolution boosts Asia-USEC trades. Containers. Regulation - Germany passes private maritime security accreditation laws. Mega-Ships. Training - Podcasts Downloads. Coracle Shipping Knowledge Podcast by CoracleOnline.com. ER - Ernst Russ - The Shipping Network // Welcome. Untitled. SHIP BROKERS - SHIPPING COMPANIES - INFOMARINE. Thomas G. Ernst & Co. Dry Cargo - Hamburg players form German shipbroking powerhouse.
ShippingPodcasts.com. Institute of Chartered Shipbrokers. Institute of Chartered Shipbrokers. Shipbroking. AEAweb Journal Articles Display. Free exchange: The humble hero. Port of Hamburg's Container Traffic Down Slightly in First Quarter. Bills of Lading Seminar - Bills of Lading Seminar. Containers - Box lines must help ports to boost terminals’ efficiency, says Sharaf. Containers - China Shipping chief calls for new carrier-shipper partnerships. Q&A: Contracts vs. Bills: One or the Other.