Unsafe port claims can be financially significant, and complex in nature. Charterers need to make sure when a port/berth is nominated, it is in line with the safe port/berth warranty stated in the charterparty. However, in modern day cargo trading, the port of discharge is often not determined by charterers, but by the cargo buyers in the sales contract. It is therefore important that charterers are well protected under the sales contract and can shift any potential liability onto their...
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The Secret To Financial Success For Shippers
In a multi-billion-dollar industry like supply chain, the financial risk of not understanding the budget landscape is astronomical. But financial success doesn’t happen by accident, either, says an article published on xeneta website.
IntroductionBudgeting season poses unique challenges for Shippers, from justifying past expenditures to forecasting future costs. In the dynamic world of supply chain, staying ahead requires a data-driven approach to ensure financial...
https://mfame.guru/the-secret-to-financial-success-for-shippers/
Lessons From LNG Adoption In Maritime Innovation
In a world facing heightened fuel uncertainty and a growing emphasis on sustainable energy solutions, Panos Mitrou, Global Gas Segment Director at Lloyd’s Register, shares valuable insights drawn from the history of LNG adoption. These insights shed light on crucial considerations for stakeholders navigating the ever-evolving marine fuel landscape, as reported by Horizons.lr.
- Panos Mitrou highlights lessons from LNG adoption, emphasizing the importance of...
https://mfame.guru/lessons-from-lng-adoption-in-maritime-innovation/
TT Club’s ‘Risk Byte’ Unpacks Good Neighbour Agreements
In an ever-evolving world of international freight and cargo handling, efficient resource sharing has become a linchpin for cost savings and operational flexibility. However, as the advantages of Good Neighbour Agreements become apparent, so do the liabilities. TT Club’s ‘Risk Byte’ series begins with a spotlight on the benefits and potential pitfalls of these agreements, shedding light on how to navigate the fine line between innovation and risk mitigation, as...
https://mfame.guru/tt-clubs-risk-byte-unpacks-good-neighbour-agreements/
Addressing the Growing Threat of Cargo Losses at Sea
With growing container ship capacity and increased numbers of container losses at sea coinciding, ClassNK has recently published two sets of guidelines to help improve cargo safety at sea.
Increase in container ship capacityThe recent increase in container ship capacity – a response to the growing demand for freight container transport – has coincided with a sharp increase in the number of containers lost overboard, including some notable examples of stack...
https://mfame.guru/addressing-the-growing-threat-of-cargo-losses-at-sea/
PSC Guidelines Emphasize Firefighting and Clean Machinery Spaces
Guidance on how to comply with PSC focus on firefighting and clean machinery spaces, mentions an IIMS news source.
Liberian Administration’s guidanceThe Liberian Administration has released guidance on how to comply with the recent focused trend of inspection of machinery spaces by various Port State Control (PSC) regimes.
There has been an increased focus on the proper operation of firefighting equipment and cleanliness of machinery spaces. Specifically, the following...
https://mfame.guru/psc-guidelines-emphasize-firefighting-and-clean-machinery-spaces/
Discover All that You Need to Know About Shipping Containers
A news source for Dfreight discusses the shipping containers and everything you need to know about them.
Shipping containersShipping containers have been around for over 50 years, and the International Organization for Standardization (ISO) spearheaded its standardization shortly thereafter. They are used to transport millions of tons of cargo every day to thousands of ports worldwide. Without shipping containers, the world supply chain would come to a halt, and...
https://mfame.guru/discover-all-that-you-need-to-know-about-shipping-containers/
Discover All that You Need to Know About Shipping Containers
A news source for Dfreight discusses the shipping containers and everything you need to know about them.
Shipping containersShipping containers have been around for over 50 years, and the International Organization for Standardization (ISO) spearheaded its standardization shortly thereafter. They are used to transport millions of tons of cargo every day to thousands of ports worldwide. Without shipping containers, the world supply chain would come to a halt, and...
https://mfame.guru/discover-all-that-you-need-to-know-about-shipping-containers/
Industry Welcomes Nor-Shipping’s January Move
A Nor-Shipping in winter? Just one short year ago the suggestion would have been met with an air of disbelief. But now, with plans for Your Arena For Ocean Solutions to take place in January 2022, many within the industry are quickly growing accustomed to the idea of a “winter wonderland” for exhibitors and visitors alike, says an article published in nme.
Norwegian Maritime Exporters“Well, I don’t think we’ll be enjoying a beer in short sleeves sat on the Oslo waterfront,” laughs Erlend Prytz,...
https://mfame.guru/industry-welcomes-nor-shippings-january-move/