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Differences And Correlation Between Spot Rates And Contract Rates in Shipping
Maritime Law

Differences And Correlation Between Spot Rates And Contract Rates in Shipping

In this article, we will understand the differences between spot and contract rates, the correlation between the two, the circumstances in which these rates prevail, and how both Carriers and Shippers attempt to balance cargo carried on spot and contract rates to their maximum advantage. 

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6 Reasons That Lead To Port Congestion
Maritime Law

6 Reasons That Lead To Port Congestion

Port congestion is overcrowding at a seaport that gives rise to all kinds of problems for stakeholders such as the shipper, carrier, consignee, as well as the port’s administration. The cause for overcrowding could be one or several.

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What is GDP Multiplier Ratio in Shipping?
Maritime Law

What is GDP Multiplier Ratio in Shipping?

GDP Multiplier Ratio expresses the relationship between the growth rate of a given country’s GDP and the rate of growth of its containerised trade. 

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Types Of Bunker/ Scrubbers Carriers Can Use To Ensure Compliance With International Emission Control Regulations
Marine Environment

Types Of Bunker/ Scrubbers Carriers Can Use To Ensure Compliance With International Emission Control Regulations

In this article, we will explore the options available to vessels and to shipping companies to ensure adherence to International Emission Control Regulations.

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What are Trans-Shipment And Trans-Shipment Ports?
Maritime Law

What are Trans-Shipment And Trans-Shipment Ports?

Do you know the difference between direct shipments and trans-shipments? Do you know about the top transhipment ports of the world and the upcoming ones? Read the article to know!

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Advantages And Disadvantages Of Bigger Vessels For Exporters, Shippers & Cargo Owners
Maritime Law

Advantages And Disadvantages Of Bigger Vessels For Exporters, Shippers & Cargo Owners

In the last part of the series on the advantages and disadvantages of mega vessels for various stakeholders, we will examine the impact on Exporters/ Shippers/ BCO (Beneficial Cargo Owners), i.e. the entity owning the cargo.

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Understanding Supply Chain Resilience
Maritime Law

Understanding Supply Chain Resilience

Supply chain resilience is characterised by the preparedness of an organisation to meet sudden and disruptive events that affect its business performance negatively.

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What Do You Mean By Humanitarian Logistics?
Maritime Law

What Do You Mean By Humanitarian Logistics?

The logistics of relief goods, rescue equipment, relief infrastructure, aid workers, and victims in a disaster are referred to as humanitarian logistics. Read this article to find out more!

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10 Trends Expected To Define Supply Chains And Shipping In 2023
Maritime Law

10 Trends Expected To Define Supply Chains And Shipping In 2023

The most obvious and visible trend that has been gaining ground since the third quarter of last year was the decline in ocean freight rates. This article will discuss major trends defining supply chains and shipping in 2023. 

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