Latest Posts
Differences Between the Bill of Lading and the Sea Waybill?
Last updated on May 27, 2024 by Ben Thompson
Shipping documents like the Bill of Lading and Sea Waybill are vital in global trade, each serving unique purposes. This article clarifies their differences, comparing their roles in transferability, direct release of goods, and documentation requirements, helping you make informed decisions and streamline your shipping process.
General Average In Maritime Insurance
Last updated on May 15, 2024 by Ben ThompsonGeneral Average in maritime insurance involves sharing the costs of sacrifices made to save a ship during peril. Governed by the York-Antwerp Rules, it ensures costs are equitably distributed among all stakeholders, effectively managing financial impacts during emergencies.
The History of the Shipping Container created in 1956
Last updated on May 13, 2024 by Ben ThompsonMost people don’t understand or recognize the significance of the humble shipping container. Before shipping containers, all goods were manually loaded into sacks, barrels and wooden creates loaded directly onto cargo vessels
FCA Incoterm® Explained
Last updated on May 8, 2024 by Ben ThompsonFCA Incoterm® simplifies international shipping by defining when the seller's responsibility ends and the buyer's begins. It is ideal for managing logistics, costs, and ensuring compliance with export and import regulations. Learn more about using FCA in global trade.
Top 10 Largest Container Ports In US & Canada 2024
Last updated on April 27, 2024 by Ben ThompsonIn 2024, key North American ports are ranked by container volume in TEUs, reflecting their scale and global trade impact. These ports significantly boost the US and Canadian economies by connecting domestic markets with international routes.
Top 19 Reasons For Shipping Delays In 2024
Last updated on April 25, 2024 by Ben ThompsonIn 2024, international shipping faces various challenges like geopolitical tensions, environmental issues, piracy, and conflicts, causing delays. Additionally, global emergencies, weather anomalies, holidays, and technical malfunctions disrupt schedules. Documentation errors, lack of visibility, and customs inspections also contribute to delays. Mitigating strategies include proactive planning, accurate documentation, advanced technology, and compliance with regulations.
Types Of Packaging For Export
Last updated on April 18, 2024 by Ben ThompsonWhen importing or exporting goods internationally, it is crucial to use strong, reliable packaging to ensure the products are transported safely and to reduce the risk of damage. The type and quality of this packaging are vital but often overlooked aspects. Since products come in various shapes, sizes, and degrees of fragility, they require appropriately…
Download a Proforma Invoice Template PDF
Last updated on April 16, 2024 by Ben ThompsonA Proforma Invoice template is an important document used when selling goods Internationally. It can also be referred to as a “pro forma invoice” or “performa invoice”. In this article you can download a Proforma Invoice PDF template to use for global trade.
Notify Party in Shipping: Exploring Differences in Bill of Lading Documentation
Last updated on April 13, 2024 by Ben ThompsonDiscover the pivotal roles of Notify Party and Consignee in international shipping. The Notify Party, not responsible for cargo possession, ensures smooth communication upon cargo arrival. Meanwhile, the Consignee, the legal owner of cargo, handles customs clearance and obligations. Understanding their disparities aids efficient logistics and enhances shipping processes.
What is Friendshoring, Nearshoring, Reshoring and Offshoring
Last updated on March 26, 2024 by Ben ThompsonExplore the dynamics of global supply chain strategies! From friendshoring to reshoring, discover how businesses optimize operations amidst geopolitical shifts and market demands.
