Results for category "Basics of shipping"

6 Articles

Packaging and Labeling of goods with particular reference to international trade

Concept of Packaging and Labeling of goods in the international business perspective with particular reference to its importance in the container shipping

Packaging and Labeling are important terms which have wider implication in the domestic as well as international trade. These two properties of a product determine its acceptability in the trade. When a product is sold in the domestic market, certain standard packaging and labeling language is followed to ensure its availability to the customers under locally applicable rules & regulations. But when the same product is traded in the international market, it has to fulfill different packaging & labeling standards which have been established in the international trade by different countries over a period of time and the development in this field is ever growing. An export of hazardous / dangerous cargo (known as IMDG cargo) of different categories has to follow special rules of international shipping declared by IMO from time to time. Moreover different set of standard packaging & labeling have been created by the shipping companies for each type of cargo to be carried under maritime transportation.

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Chartering

Chartering 

Unlike liner shipping, chartering is another mode of shipping business which is practiced internationally. A shipper or a charterer may wish to hire a ship from ship owner with a view to transporting certain quantity of commodities from port A to port B or he may wish to hire a ship for certain period of time, say six months / one year for carriage of goods under his direct supervision against some mutually agreed remuneration to owner. How to do that ? To do business under above mentioned situation, a contract is needed to be concluded between two parties i.e. charterer or shipper and ship owner, which is known as “Charter Party” in shipping trade. There are three types of charter parties:

 

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The role of “Dry Port” in the intermodal maritime transportation network

Concept of Dry port – Why it has emerged?

After 1970 onward, Container shipping or Containerization has revolutionized the mode of maritime freight transportation of the world during the last 40 to 50 years. The dynamics of growth made it possible to ensure supply of goods from shipper’s door to consignee’s door at a cheaper rate, faster speed and more secured way. The prime objective is to provide more exclusive services to the customer by combining rail-road-sea i.e. door to door instead of port to port services.

The pace of continuous growth in the overall environment of world trade and technology, has created rationale for building more container ships of larger capacity, improvement of cargo handling operation in pursuit of greater efficiency, reorient the marketing of port services for strategic positioning within competitive supply chains and upgrading of intermodal network within the hinterland of the economy  to meet growing challenges. But the unabated growth of international trade, poses following major threats for container port to grow further:

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Liner Shipping

Liner Shipping

 means liner services when a Shipping Company engage their fleet of ships to carry cargo between  predetermined ports at regular intervals, under publicly advertised schedule. The special features of this service can be highlighted as under :-

1.  a) The service is offered at regular interval, say weekly or fortnightly basis.

1.  b) Obligation to accept cargo from all customers and to  sail on the date fixed by a published  schedule even if  ship is not fully loaded.

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Basic Documents needed in Liner Shipping

Basic documents needed in liner shipping

Export and import shipment through liner shipping has undergone tremendous improvements over the past few decades due to introduction of fully computer based online networking system, where port, custom, shipping line, ships agent, forwarders – all are working together under the same system. This modern system has simplified shipping documentation and guaranteed services to the customer with higher efficiency at faster speed. Since the pace of technological advancement is not same between the developed and developing countries, so we still find significant differences in documentation among those countries. However, we shall concentrate discussions on basic documents necessary for liner shipping.

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Maritime Shipping history and Classifications

1.Maritime Shipping history at a glance

From time immemorial, people wanted to involve with trading activities at sea. As such when people had started to contemplate carriage of goods and merchandise from one country to another, from one region to another, and from one continent to another continent, then the idea of “Shipping” emerged in their mind. In the early days when Airways and Railways were not invented, the traders used rowing boats and then at later stage sailing boat to carry their merchandise from one country to another. With the continuous development of international trade and technology over the years, the mode of transportation of cargo by sea has developed notably i.e from sailing boat to modern motor ship.

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