The Capesize Index is a sub-index of the Baltic Dry Index (BDI) that focuses on freight rates for larger ships navigating major marine routes, such as the route between Brazil and China.
An in-depth look at Deadweight Tonnage (DWT), its historical context, categories, key events, importance, and applicability in maritime and shipping industries.
Detailed explanation of Delivered at Place Unloaded (DPU) Incoterm including definitions, responsibilities, examples, historical context, and frequently asked questions (FAQs).
A comprehensive guide to understanding Dimensional Weight (DIM Weight) used in air and ground shipping, including its historical context, calculation methods, importance, and practical applications.
An in-depth exploration of express and priority shipping services that provide accelerated delivery options for faster shipment, but often lack specific handling accommodations for live animals and perishables.
An in-depth exploration of the shipping term Free on Board (FOB), where the seller’s obligation ends once goods are placed on a vessel chosen by the buyer. This guide covers the definition, types, special considerations, examples, historical context, and applicability.
Free On Board (FOB) denotes that the seller fulfills their obligation to deliver when the goods have passed over the ship's rail at the named port of shipment.
An in-depth exploration of Gross Tonnage (GT), the metric used to measure the total internal volume of a ship, including its historical context, formulas, and applicability.
A comprehensive guide to understanding LTL shipping services, including historical context, types, key events, detailed explanations, mathematical models, charts, importance, applicability, examples, and more.
Roll On-Roll Off (RoRo) shipping refers to the method where wheeled cargo, such as cars, trucks, and trailers, is driven on and off a vessel. It simplifies the loading and unloading process, making it highly efficient for the transport of vehicles.
A Sea Waybill is a non-negotiable, straight bill of lading used in sea transport. It differs from a traditional bill of lading as it cannot be transferred or assigned to another party.
A detailed exploration of voyage charters, a common shipping contract where the shipper rents the vessel for a single voyage between specified ports with a specified cargo.
Airbill forms are critical for shipping packages through express mail services, capturing key details like origin, destination, services requested, and billing information.
The term 'Pier to House' refers to the logistics process of transporting cargo from a storage facility at a port to the consignee's specified destination, detailing various aspects such as considerations, applicability, and historical context.
Comprehensive guide to Priority Mail, an expedited shipping service offered by the U.S. Postal Service for letters and parcels up to 70 pounds and a combined length and girth of 108 inches.
A Straight Bill of Lading is a non-negotiable bill of lading that indicates that the carrier must deliver cargo to a specified person at a designated destination.
Explore the concept of Delivered Duty Unpaid (DDU). Learn about its definition, seller and buyer responsibilities, transportation costs, risks, and practical applications.
A comprehensive explanation of the Free on Board (FOB) shipping term, defining liability and ownership transfer points in transportation. Understand the implications for buyers and sellers in international trade.
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