News and Events

WEF 01ST JULY 2016, THE INTERNATIONAL MARITIME ORGANIZATION (IMO) HAS ADOPTED A NEW REGULATION UNDER THE SAFETY OF LIFE AT SEA CONVENTION (SOLAS) THAT REQUIRE SHIPPERS TO PROVIDE A VERIFIED GROSS MASS (VGM) FOR EVERY PACKED CONTAINER FOR VESSEL LOADINGS. THEREFORE, SHIPPER IS FULLY RESPONSIBLE TO PROVIDE THE CORRECT WEIGHT AND FULL LIABILITY GOES TO THE SHIPPERS WHO UNDER-DECLARE THE CARGO WEIGHT.  

Liner reliability reaches all-time high   Shippers and forwarders that place a premium on punctual container shipping services should continue to choose their carriers with care, according to Drewry’s latest analysis of liner reliability. Overall container service reliability saw substantial improvement in 2015, but large performance differentials between lines were still apparent, said the analyst. “Despite a mild deterioration in the final three months of the year, the year-long reliability average for all trades covered represented a marked improvement on 2014 - the on-time reliability for ...