The Bill of Lading, one of the most important documents in transportation logistics, is issued by the main carriers as a contract of carriage to its clients/agents. But, with third-party logistics providers, freight...
Once a booking confirmation for export has been set, shipping agents, forwarders and NVOCCs will prepare the bill of lading according to the details of the booking confirmation. But throughout the logistics processes,...
Introduction
If you ever had the chance to look at a bill of lading, you will see the phrase “Freight Collect” or “Freight Payable” and “Freight Prepaid” printed at...
Introduction
In short, an advanced manifest submission requires any incoming/outgoing vessels to submit its shipping manifest 24 hours before vessel arrival or departure. Even though the vessel is...
Introduction
If things
haven’t been complicated enough already, they had to have so many formats and
types of Bill of Lading, haven’t we had enough???
The title of...
A Claused
Bill of Lading is issued whenever the carrier deems that the cargo received for
transportation that is not in an “apparent good condition and in order”. An
additional remark is written onto the Bill...
Introduction
The subtle differences between INCOTERM CIF and CIP seem minuscule at first until you closely inspect and compare the two in several aspects. After rigorous mouse clicks and research...
Laytime Definition and Practices
Thank you for sticking through to Part 3 of the Bulk Ship Chartering Guide. We invite you to look at Part 1 to...
Introduction
“Show me the money”
If you made it to the part 2 of Bulk Ship Chartering Guide trilogy, congratulations. The first part of Bulk...
Introduction
Ok, I want to convince you that the ship chartering industry is a fulfilling and yet exciting industry to be in. It is a risky business, but if...