Shipping and logistics play a crucial role in global trade, yet many individuals may not fully grasp the nuances of various shipping terms. Among these terms, the "Shipped on Board Date" and the "Bill of Lading Date" are often misunderstood, leading to confusion regarding their implications in the shipping process. The Shipped on Board Date marks when a shipment is loaded onto a vessel, while the Bill of Lading Date is the date the shipping document is issued.
Read more »Shipowners make money in a variety of ways, from transporting goods and people across the world's oceans to leasing their ships to other companies. The shipping industry is a vital part of global trade, and shipowners play a crucial role in keeping the world's economies moving.
Read more »A shipbroker is an intermediary between ship owners and charterers, who are looking to lease a vessel for transporting cargo. The business model of a shipbroker revolves around providing professional advice and services to both parties, ensuring that their interests are protected and their objectives are met. The shipbroker acts as a facilitator, negotiating the terms of the charter party agreement, and ensuring that all legal and regulatory requirements are met.
Read more »Cargo claims can be a complex and frustrating process for businesses involved in shipping goods. These claims arise when cargo is lost, damaged, or delayed during transit. Knowing what to do in the event of a cargo claim is essential to ensure that the issue is resolved quickly and efficiently.
Read more »The global supply chain for cloves is a complex system that involves multiple stages and players. From the farmers who grow the cloves to the manufacturers who process them, the supply chain encompasses a range of activities that are critical to ensuring a steady supply of this popular spice.
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