Fixture Notes: The Psychological Foundations of Maritime Chartering

Fixture Notes: The Psychological Foundations of Maritime Chartering

A Fixture Note serves as a charter confirmation document commonly used for the final confirmation of charter contracts. Although it is not entirely equivalent to a contract, it is often regarded as one in practice. The Fixture Note primarily includes vessel information, details of the shipowner and charterer, cargo description, loading and unloading ports, freight, deposits, loading and unloading rates, demurrage fees, and other related terms to ensure its legality and enforceability.

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

This article analyzes the meanings and practical applications of commonly used terms in charter party contracts: PWWD, SSHINC, and CQD. PWWD refers to 'Per Working Weather Day' and relates to the measurement of loading and unloading time; SSHINC specifies that Saturdays, Sundays, and holidays are included; while CQD represents the customary discharge speed at the port, with associated risks. These terms are crucial for ensuring the smooth operation of voyage charter agreements.

Freight Forwarders Adopt New Strategies to Secure Timely Payments

Freight Forwarders Adopt New Strategies to Secure Timely Payments

In the competitive transportation market, freight forwarders need to pay attention to the risks of prepaid freight clauses, the rights of bill of lading holders, and the identity of the actual freight payers when collecting freight charges. By establishing reasonable contractual agreements and selecting reputable charterers, freight forwarders can effectively protect their interests, ensure timely collection of freight, and reduce economic risks.

Commercial Invoices: The Trust Foundation of Global Trade

Commercial Invoices: The Trust Foundation of Global Trade

A commercial invoice is an essential document issued by the seller to the buyer, detailing information about the goods involved in the transaction. This document allows the seller to collect payment. It is widely used in international trade for purposes such as payment reference, customs documentation, and applying for export licenses, making it an indispensable part of trade transactions.

Global Air Cargo Sector Navigates Complexities of Specialized Shipments

Global Air Cargo Sector Navigates Complexities of Specialized Shipments

This article provides a detailed overview of the transportation of oversized and overweight cargo in air freight, including their definitions, classifications, and transportation requirements. Oversized cargo typically requires multiple air pallets, while overweight cargo is defined as any single item exceeding 150 kg. Transportation conditions vary depending on the aircraft type and airport facilities. Additionally, safety regulations regarding hazardous materials must be adhered to, particularly for vehicles containing internal combustion engines and fuel tanks.

Air Cargo Industry Faces Growing Challenges in Oversized Shipments

Air Cargo Industry Faces Growing Challenges in Oversized Shipments

This article discusses special cargo in air freight, particularly the definitions and transportation challenges of oversized and overweight goods. Oversized cargo typically requires multiple air pallets, while overweight cargo refers to single items exceeding 150 kilograms. When transporting these goods, consideration must be given to the necessary equipment and safety measures, as well as fuel disposal within vehicles, to ensure safe and efficient transportation.