Implications of issuing a Clean on Board bill of lading

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”

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?”

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”