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What is Stuffing and Destuffing of Shipping Containers?

09/07
2021

A newcomer to logistics can be baffled by the various terms used in the industry. Stuffing and destuffing are just two among several such logistics terms.

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Seaport container handling fees to be adjusted from mid-February 2024

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Currently, the system of warehouses and logistics yards in Hanoi is still small, lacking connections and types of specific goods storage such as cool and cold storage, or document warehouse

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Los Angeles maintains dominance in US despite container decline

19/01
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In the last month of the previous year, the Port of Los Angeles demonstrated robust performance by processing 747,335 TEUs, marking a 2.5% increase compared to December 2022.

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Hapag-Lloyd’s departure shakes-up THE Alliance

19/01
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Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation in February 2025.

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Port of Los Angeles to handle 85,000 metric tons of Chilean fruit imports during winter season

19/01
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This week, the Port of Los Angeles welcomed the initial vessel of Chilean fruit for the year, carrying over 5,300 pallets loaded with grapes and stone fruit.

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Maersk and Hapag-Lloyd to form new alliance

18/01
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Two container giants, Denmark's Maersk and Germany's Hapag-Lloyd have signed an agreement for a new long-term operational collaboration.

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CIF Cost, Insurance and Freight

“Cost, Insurance and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination. ‘The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage. The buyer should note that under CIF the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.”

CFR Cost and Freight

“Cost and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. the seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.

FOB Free On Board

“Free On Board” means that the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel, and the buyer bears all costs from that moment on wards.

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