Dealing with cargo claims

Monday, 22nd June 2015

INTRODUCTION Cargo is the reason for shipping. It is oxygen brought on very wide arteries of blue water to the many cells of the body called international trade. Carriage of cargo by sea is vital to trade because it is the most cost-effective transport solution when it comes to large volumes and long distances. Other […]

Pooling in Shipping

Tuesday, 21st April 2015

Definition of a Pool A Pool is a joint venture between shipowners to Pool vessels of similar types and sizes, with central administration, which are marketed as a single entity, negotiating voyage/time charterparties and contracts of affreightment and whose revenues are pooled and distributed to Owners. Alternatively, to keep it simple and clear so that […]

The “cappuccino effect”

Wednesday, 18th February 2015

Some of us, the coffee drinkers, may be happy to note that, recently, the charterers rewarded one of our commercially managed vessel with a cappuccino machine to thank the crew for looking after their interests. However, in this case the “Cappuccino Effect” has nothing to do with coffee but with the supply of bunkers. What […]

Bill of Lading (B/L)

Thursday, 27th November 2014

The Bill of lading (B/L) is considered as one of the most important documents as to the transportation of goods. For the shipment of any goods, a bill of lading is issued in exchange of the goods and acts as a receipt and a contract. The B/L is a document signed by a carrier (a […]

From A seafarer’s perspective: An interview with a Captain of an oil-tanker

Wednesday, 17th September 2014

An estimated 90% of world trade is transported through ocean going vessels, depending on approximately 1.3 million seafarers to operate the ships. As shipping business is executed by seafarers, worldwide trade is highly dependent on their performance. One cannot emphasise enough the powerful position and importance of that professional guild. It is evident that the […]

“Hanseatic Chartering Ltd”: A journey of self-discovery

Wednesday, 2nd July 2014

In the 14th Century North-Western German merchants formed a union setting aside state constraints with the aim of common economic interests known as the Hanseatic League. Gradually the leagues’ success developed into Hanseatic cities. In its florescence there were close to 200 seaside and landlocked cities, mostly clustered in the Northern European hemisphere. The reason […]