Understanding International Waters: Boundaries, Jurisdiction And Legal Implications
The seas and oceans are divided into distinct maritime zones, each with its own legal framework and implications.
What is Nearshoring in Shipping And Logistics – Advantages and Disadvantages
The concept of nearshoring has gained considerable popularity in logistics and supply chain circles over the past few years.Â
What is International Safety Management Code or ISM Code for Ships?
The International Safety Management Code is one of the aforementioned required regulations in the marine industry and a very vital component of the SOLAS Convention (Safety of Life at Sea). Find out more about the ISM code inside the article.
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.Â
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.
MARPOL Annex 1 Explained: How To Prevent Pollution From Oil At Sea
The main objective of MARPOL Annex 1 is to protect the marine environment through the complete elimination of pollution by oil at sea and other damaging elements and to lessen the chances of accidental discharges of any such elements.
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.Â
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!
Understanding Maritime Towage And Salvage
What happens when a large tanker or ship breaks down and is not able to limp to the nearest port? Read the article to find out about Maritime Towage And Salvage.