BLOGS
- /Internet of Things (IoT) and data analytics are assuming great importance in Shipping, Logistics and Supply Chain Management to reduce costs, improve efficiency and predict customer preferences and behaviour. Emerging from a largely nascent industry that it is today, Logistics and Supply Chain is transforming itself into a healthy, IT-enabled intelligent service by means of digitization.
- /Goods brought into India are subject to customs duty. This includes shipping containers as well. However, in the case of such containers, they are considered more as packing material rather than ‘goods’. As such, a provision has been made to allow duty-free import of containers as per Customs Notification No. 104/94-Cus dated 16.03.1994 (as amended). The said Notification envisages the conditions and procedures for duty-free import/export and movement of such containers subject to procedures on the execution of a bond. The Shipping Line is required to file this bond with the container cell, binding themselves to re-export the containers within six months of their import into India.
- /Twist Lock is a mechanical locking device firmly fastened at the corners of a shipping container. These mechanical devices are used to secure containers on ships, semi-trailer trucks, and container trains. It also helps to lift containers by cranes and side-lifters. They are conical in shape and primarily serve the purpose of positioning and fastening containers during transportation in ships
- /You might have seen some alpha-numeric sequences on containers. Ever wondered what they mean? These sequence markings are known as Container Markings. They are important for the monitoring and general safety of a container. Let’s have a look at each of these container markings individually to get an idea of what they mean and why it is needed.
- /You have probably seen pictures of container ships carrying hundreds of containers stacked one on top of the other. Have you ever wondered how they stand tall without collapsing?
- /The shipping industry has been significantly affected by recent trade tensions and tariffs between countries. Our blog, "The Impact of Trade Tensions and Tariffs on the Shipping and Logistics Industry" goes in detail.
- /Let's dive into the world of containerization and discover how it revolutionizes packaging, slashing waste and boosting sustainability. Our blog, LEVERAGING CONTAINERIZATION TO REDUCE PACKAGING WASTE: A SUSTAINABLE SOLUTION explains.