Shipping and Freight Resource | THE definitive resource for the industry

Time 2020-06-14 11:03:46

Web Name: Shipping and Freight Resource | THE definitive resource for the industry

WebSite: http://shippingandfreightresource.com

ID:709

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Resource,THE,Freight,

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COVID-19 has created an unprecedented disruption in the global supply chain.. 67% of supply chain professionals say that investing in freight technologies is the only way forward.. Take this quick 5-minute survey to check your readiness.. Go to full article >>> The world’s reliance on maritime transport makes it more important than ever to keep ships moving, ports open and cross-border trade flowing, and to support ship crew changeovers, the United Nations maritime and trade entities said in a joint statement.The International Maritime Organization (IMO), which regulates shipping, and the United Nations Conference on Trade and Development (UNCTAD), which tracks world trade, reiterated calls for Governments to promote crew well-being by allowing crew changes and ensuring seafarers and other maritime personnel have access to documentation and travel options so that they can return home safely. Go to full article >>> India is digitalizing its bills of lading and other trade documentation workflows as one of the last missing elements within the country’s electronic Port Community System (PCS).The PCS, offering the P-CaSo curated marketplace of specialized services, was built by Portall Infosystems, and they have integrated CargoX’s Platform for Blockchain Document Transfer (BDT). Go to full article >>> A ground-breaking Global Industry Alliance (GIA) has been launched to tackle two of the most pressing environmental issues of our time – invasive species and greenhouse gas (GHG) emissions.The GIA brings together stakeholders in the private sector and the GloFouling Partnerships, a project led by United Nations entities to address the transfer of harmful aquatic species through biofouling. Go to full article >>> I am not a seafarer, but I have had the privilege of being onboard different types of ships when I was handling them operationally many years ago..There is something about some of the ships that I have worked on that has given me a sense of comfort and made me feel at home like I belonged there..I said “some” ships because some ships didn’t give me that feeling and gave me a sense of uneasiness and I have felt like wanting to get out of there ASAP..Mind you, I am talking about the “ship” and not about the people onboard the ship..Well, it turns out that not just me or the ship’s crew that have a connection with the ship, but also Marine Pilots have or get this “feel of the ship” which they are navigating in and out of ports and it is quite important for them to get the feel of the ship..I found this out when I got talking to Capt.Roberto Caballero Vega a Panama Canal Pilot of over 25 years who very kindly allowed me to reproduce his article about “The feel of the ship: The essence of Piloting” below..Go to full article >>> Fresh from their recent positive results in Q1 2020, ZIM has launched a new service in record time to cater to the growing e-Commerce market demand..The New service is a speedy, dedicated service from South China to Los Angeles US West Coast which will commence on the 22nd of June 2020..The service aptly named the Speedy ZIM eCommerce Xpress (ZEX), is a custom made service for time-sensitive cargo with a transit time of only 12 days from Yantian and DaChan Bay in South China to Los Angeles in the US West Coast making it the fastest service in the market.. Go to full article >>> For the past 84 years, Incoterms® has been the cornerstone of global commercial trade, for robust trade negotiations directly or indirectly between parties and the rules have become the standard in international business rules.. BUT, THERE IS A BIG PROBLEM..As per Emily O’Connor, Director of Trade and Investment for the International Chamber of Commerce (ICC), “people will frequently choose the wrong Incoterms® rule for their transaction”..O Connor has emphasised the importance for anyone who uses the Incoterms® rules to learn or re-learn them – even if you consider yourself an expert – in order to avoid costly mistakes in the process of shipping their goods..There are several consequences of using the incorrect Incoterms® and users need to fully comprehend what it means when they put a three-letter Incoterms® rule into their sales contract..But no worries, credible and reliable guidance is at hand for you now.. Go to full article >>> There is an urgent need for inter-governmental organisations, governments and industry stakeholders concerned with maritime trade and logistics to come together and accelerate the pace of digitalisation ..This is the message from several industry bodies representing a range of shipping, port, cargo handling and ship operating organisations.. Go to full article >>> Many of you would have come across the term Letter of Credit (L/C)..If you are a shipping line, you would have heard this term from various customers asking you to expedite the draft bill of lading for checking by the bank or for the release of the bill of lading to be expedited because the shipment is under L/C..If you a freight forwarder or agent, you may have been put under pressure by the BCO to get all the documents required by the L/C sent to them in time..If you are a BCO, you may have been told by your bank that the documents submitted do not match the requirements of the L/C and some of the documentation may need to be redone..So what exactly is a Letter of Credit, what is the need for a letter of credit, who issues it and how does it work.. Go to full article >>> As reported, the APL England, a 5,780 TEU capacity containership lost around 40 containers off the coast of New South Wales in Australia with around 74 containers lying in a collapsed state within the stacks on board the ship.. Although inspections are continuing, preliminary investigations have found that the lashing arrangement for the cargo was inadequate and that some of the securing points for containers on deck were heavily corroded..These findings are clearly in breach of the requirements of SOLAS (The International Convention for the Safety of Life at Seas) and as a consequence, the ship has been detained in the Port of Brisbane by AMSA and it is understood that this detention will be lifted only after these serious deficiencies have been fixed by the ship’s owner APL and the vessel operator..In the meantime, charges have been laid against the Master (Captain) of the APL England relating to pollution and/or damage of the Australian marine environment due to this incident..Go to full article >>> The restrictions for crew change due to COVID-19 is unsustainable for the safety and wellbeing of over 150,000 seafarers who will require international flights to be changed over to and from the ships they work on from the middle of June 2020. These seafarers are having to extend their service onboard ships after many months at sea, unable to be replaced or repatriated after long tours of duty. This is the message from The Secretary-General of the International Civil Aviation Organization (ICAO), the Director-General of the International Labour Organization (ILO) and the Secretary-General of the International Maritime Organization (IMO) who issued a joint statement to enlist the support of Governments for the facilitation of crew changes in ports and airports in the context of the COVID-19 pandemic. Go to full article >>>

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