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Yearly Archives: 2015

What does Genset refer to?

Genset may refer to: Diesel generator, a combination of diesel engine and electric generator. Engine-generator, a machine used to generate electricity. Genset locomotive, a railway locomotive...

What is a Flexitank?

A Flexitank is a bladder or bag that can be fit into a standard ISO container and used for the transport and/or storage of...

What is IATA?

The International Air Transport Association – works with its airline members and the air transport industry as a whole to promote safe, reliable, secure and economical...

What is a CERTIFICATE OF ORIGIN?

The Certificate of Origin (CO) is required by some countries for all or only certain products. In many cases, a statement of origin printed...

What is an Electronic Export Information Filing (formerly known as the Shipper’s Export Declaration)?

Electronic Export Information (EEI) is the most common of all export control documents. It is required for shipments above $2,500* and for shipments of...

What is a Bill of Lading?

A bill of lading is a contract between the owner of the goods and the carrier. For vessels, there are two types: a straight...

What is GRI?

GRI stands for 'General Rate Increase'. It occurs when a carrier announces an increase in base ocean freight rates within a given trade lane.

What is a ‘Customs Bond’ and when it is required?

A customs bond is a financial guaranty between the surety company who issues the bond, importer of record, and Customs & Border Protection (CBP)....

What is NVOCC?

NVOCC stands for 'Non-vessel Operating Common Carrier'. Non-vessel Operating Common Carriers can be a person or a company that organizes shipments for individuals or...

Steamship Line’s Overcapacities

Earlier last week, Maersk CEO expects overcapacity that will haunt this industry and doesn’t expect recovery for the next three years. Overcapacity has already...

Which country is the world’s biggest ship builder?

China is the world's biggest ship builder. It has built the 36.8% of the world ships over 100 gross tonnage and over in 2013...

What is the Longest Canal in the world?

The Grand Canal (also known as the Beijing-Hangzhou Grand Canal), a UNESCO World Heritage Site, is the longest canal in the world or the longest artificial river in the world. 1,115...

What is the largest roro vessel in the world?

MV Tønsberg is a roro vessel roll-on/roll-off ship owned by Wilh. Wilhelmsen. As of 2012 it is the largest RORO ship in the world. Dimensions: MV Tønsberg is 265m length...

Who has the largest warehouse in the world?

Boeing has the largest warehouse/building in the world, as big 80 football fields.

Are security seals on containers safe?

Yes and No. According to a study,  a trained individual was able, using low-tech methods, to defeat 90% of the 244 seals they studied...

What is the max weight you can load on a container on port to port basis?

You can load as heavy as container payload which is written on the container itself.

When is the first seafreight container found?

1955 - Malcom P. McLean, a trucking entrepreneur from North Carolina, USA, bought a steamship company with the idea of transporting entire truck trailers...

What is the life of a shipping container?

Shipping containers can last over 20 years! Provided they are taken care of with regular paint and maintenance, a good shipping container will serve...

Where do the dry shipping containers are manufactured?

Roughly 97% of all dry freight shipping containers are manufactured in China.

What is the U.S. largest export product?

Agricultural products are the United States' largest product by export. However, in 2018, the U.S.-China trade war affected soybean exports from the U.S. significantly,...

What is chargeable weight?

Air freight calculator is based on volume measured weight also known as volumetric weight. The air freight will always be charged per kilogram against...

What is known shipper for air cargo?

After September 11,the United States Department of Homeland Security (DHS) implemented new rules to insure the safety of domestic and international air travel in...

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