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Difference between Maritime, Shipping, Freight, Logistics and Supply Chain

Shipping and Freight Resource

To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Maritime Industry. Trade is the reason all above businesses from 1-5 exist. An estimated 89.5%

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Ocean Freight Contract Season: An Overview and Key Components

MTS Logistics

Important Components of Contracts for Ocean Freight The negotiation of rates and prices is a fundamental component of maritime freight contracts. Shippers want to acquire competitive rates that fit within their spending limits, while carriers want to reach lucrative agreements that consider the state of the market and operating expenses.

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Supply Chain Industry Fears for 2023

Logistics Business Magazine

Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. And as we have seen before, strikes result in slow operations within the port which can exacerbate supply issues.’’ said Aamir S. billion by 2027.

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Progress Has Been Made on U.S. West Coast Port Labor Negotiations

MTS Logistics

West Coast dockworkers, has advised that they have reached a tentative agreement with the Pacific Maritime Association (PMA) which represents the shipping lines and terminal operators, on certain key issues. The negotiations will continue until they reach a definitive pact. The negotiations cover 29 U.S.

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Flag States and their performance – 2020/2021

Shipping and Freight Resource

600(15) of The International Maritime Organisation (IMO) became mandatory on 1st January 1996. The International Chamber of Shipping has released the Shipping Industry Flag State Performance Table for 2020/2021. To encourage shipowners and operators to examine whether a flag State has sufficient substance before using it.

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Regulation Blowback: How Governments are Pushing Back Against Carriers

MTS Logistics

For years, various parties in the logistics industry warned that ocean carrier consolidation, combined with vessel-sharing agreements would tilt the playing field against shippers. Many argue that ocean carriers are the definition of an oligopoly. commission open an investigation into the industry.

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The role of ship agents and shipbrokers in a digital shipping environment

Shipping and Freight Resource

The agent takes instruction from the principals to arrange the berthing, unberthing of the ship and its cargo/husbandry operations. DEFINITELY NOT AN EASY OR SMALL JOB AND CERTAINLY NOT FOR THE FAINT OF HEART. ALSO DEFINITELY NOT AN EASY OR SMALL JOB AND CERTAINLY NOT FOR THE FAINT OF HEART.

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