NEWS

Oakland confirms another first-call service
Oakland confirms another first-call service

The Port of Oakland has announced it will land the fourth first-call service in 2021, as the Swiss shipping line MSC will use the Californian port as the initial US stop for its transpacific Sentosa service, a weekly service that links Oakland with ports in Malaysia, Singapore, Thailand and Vietnam.

Maersk introduces new PSS from East Asia to Africa
Maersk introduces new PSS from East Asia to Africa

The world's largest container line, Maersk will apply a new Peak Season Surcharge (PSS) from East Asia to African destinations.

What is Switch Bill of Lading?
What is Switch Bill of Lading?

When we talk about shipping documentation, the first thing that comes to many people’s minds is the bill of lading. A typical bill of lading is a document that confirms the receipt of goods by the shipping company from a shipper, for transport. It also serves the purpose of proving the ownership of the cargo.

Vietnam, Singapore cooperate to tap potential of trade pacts with EU, UK
Vietnam, Singapore cooperate to tap potential of trade pacts with EU, UK

As members of ASEAN (Association of Southeast Asian Nations), Vietnam and Singapore are signatories to various free trade agreements (FTAs), presenting them with significant cooperation potential to tap pacts with the EU and the UK, especially since their strong products do not compete directly with each other.

Chittagong - Thailand direct shipping could save costs and time
Chittagong - Thailand direct shipping could save costs and time

Launching a direct shipping service between Bangladesh’s Chittagong Port and Thailand’s Ranong Port has received a fresh push as trade between the two countries is growing.

Advantage and Disadvantages of Containerization
Advantage and Disadvantages of Containerization

Containerization is hailed as one of the greatest innovations in the goods transportation industry. Ever since the American entrepreneur Malcolm Maclean came up with the first container made of corrugated steel in 1955, the container has evolved from the humble corrugated steel box to the present-day super-efficient intermodal container.

What are FCA Incoterms® in Shipping?
What are FCA Incoterms® in Shipping?

FCA, EXW, FOB… the list of terms used in the field of freight, especially sea freight, is endless. What is FCA? How do EXW and FOB Incoterms® fare against FCA? Let us take a look.

What is Ex-Works in Shipping?
What is Ex-Works in Shipping?

The term Ex-Works (EXW) figures on top of the list of Incoterms® that is published by the International Chamber of Commerce (ICC). One can also see it in several shipping documents and trading contracts.


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