Parkol Marine Engineering has announced the launch of its new vessel, Green Isle. Upon completion, Green Isle will sail to the west coast of Ireland from Middlesborough, marking its expansion… read more →
Dock workers at the UK’s largest container port have gone on strike for the first time in 30 years. About 1,900 members of the Unite union at Felixstowe in Suffolk… read more →
The financial belt is tightening around China’s Belt and Road Initiative (BRI).
Many headlines in recent weeks highlight the mounting debt and declining activity that the “project of the century” is now facing.
The two member organisations will work together to accelerate the digital transformation of container shipping for the benefit of shippers Digital Container Shipping Association (DCSA) and the European Shippers’ Council… read more →
This year, NIBC’s shipping activities have seen a steady growth of financings and, as a result, has surpassed the EUR 1 billion milestone. NIBC provides financial and advisory solutions for… read more →
Just as China’s trade sector recovers from a fresh wave of COVID-19 lockdowns, the world’s largest exporter now faces a slimmer order book amidst weakening global sentiment and increased belt-tightening measures linked to inflation.
Despite port congestion woes, COVID-19 lockdowns in Asia and vessel availability issues, the container shipping sector remains in boom territory. TFG investigates.
Certified Documentary Credit Specialist Ravi Jinugu explains the motivations and rationale for variation of Incoterms® rules.
The UN’s World Food Programme has warned that the failure to open Black Sea ports is a declaration of war on global food insecurity and will lead to famine, destabilisation of nations, and mass migration by necessity.
The VIVE Programme announced that the Mediterranean Shipping Company (MSC) has joined the VIVE Sustainable Supply Programme and will be completing the shipping module in 2022. MSC is a container… read more →
The Secretary General of the International Chamber of Shipping (ICS), Guy Platten, admits there’s still work to be done to decarbonise the commercial shipping sector.
Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalisation of container shipping technology standards, in conjunction with its nine-member carriers, published today beta releases of DCSA… read more →
Delivery of the goods is “unloaded” by the seller at the destination place, in this case the port of discharge.
Assuming we are looking at the normal type of Letters of Credit with the latest shipment date, port/airport of loading, port or airport of destination and requirement to present an onboard B/L or an AWB, then the answer is “NO”.