What Is SHEX?
When a shipowner and a charterer agree on chartering terms, all of the important information…
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What Is SHINC?
A charter party indicates port, vessel, laytime, and commodity details, among other types of important…
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What Is More or Less Charterer’s Option (MOLCO)?
In the world of chartering, there are various types of cargo tolerances that are agreed…
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What Is More or Less Owner’s Option (MOLOO)?
When it comes to a chart party, there are various liner terms that are of…
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What Is a Container Release Order (CRO)?
There are various types of documents that are responsible for moving containers between different locations….
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What Does Not Always Afloat But Safely Aground Mean (NAABSA)?
Certain ports with high tidal ranges can leave vessels falling dry, meaning that they are…
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Broken Stowage: Definition & Ways to Avoid It
In the world of shipping, profit maximization for carriers and shippers is greatly dependent on…
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What Is a Standard Shipping Note?
Local customs authorities are required to track inbound and outbound shipments for safety purposes. Therefore,…
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Dead Freight in Logistics: What Does It Mean?
In supply chain, specifically freight, profitability is often determined by how efficiently cargo is moved….
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How to Book a Container in Shipping: A Quick Guide
Sea freight remains one of the most popular modes of international transport, due to its…
