Many a time, shippers have asked shipping lines for “CLEAN ON BOARD” clause on a bill of lading and if the request relates to a container shipment, this might have very well been rejected by the shipping line.. Why do the shipping lines reject this..?? The clause “CLEAN, ON BOARD” was initially used on breakContinueContinue reading “Implications of issuing a Clean on Board bill of lading”
Category Archives: Marine
Chinese Logistics Companies & International Market, What Will Happen Next?
By Xiangjun Fu, Jiawei Zhou, Zhengqi Zhou and Muyuan Zhu (Listed in alphebatical order) The city of Yiwu is famous for being the “Largest small commodity wholesale market in the world.” Nowadays, Yiwu’s logistics industry is developing at an unprecedented rate. It has already become an international port city designated by the United Nations ESCAPContinueContinue reading “Chinese Logistics Companies & International Market, What Will Happen Next?”
Working of The Shipping Industry: How Does Merchant Navy Work?
Ever wondered how exactly does the shipping industry works? Worry not, here’s how it does!Working of The Shipping Industry: How Does Merchant Navy Work?
Costs of Shipping LNG from Us to China Hits a record high.
Summary Freezing temperature in Parts of Asia and Europe drives LNG shipping costs from Us to a record high. The US is the main producer of LNG The cost of shipping liquefied natural gas (LNG) from the United States to Asia hit a record high on Tuesday as appetite for the fuel from buyers thereContinueContinue reading “Costs of Shipping LNG from Us to China Hits a record high.”
Capesizes the Biggest Earners in China’s New Demand for Coal
The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese coal demand drove up capesize rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, leaped 158 points, or nearly 11%, to 1,606, its highest since Oct. 14, 2020.ContinueContinue reading “Capesizes the Biggest Earners in China’s New Demand for Coal”