Shipping Business

Rajeev Jassal
Rajeev Jassal Master

Let us be frank here. We seafarers (including Masters) do not understand how the shipping business works.

I’m not trying to be rude––heck, I tell this to myself every day! I’m trying to make a point.

The things that may look logical to us can land us in trouble if

BL is a document for the purpose of following

1. Receipt of goods

2. Evidence of title of goods loaded

3. Evidence of contract between shipper and carrier

It is a recepit of evidence on each consignment of goods or cargo , normally conducted by ship crew or Tally clerk for and on behalf....

It is recording every detail of goods loaded and any such exceptional remark as defectice condition or whatsoever ...

Such remarks are also to be inserted at Bil

Rajeev Jassal
Rajeev Jassal Master

Vetting inspections are not mandatory by statute or by law. But these inspections have become a necessity for operating a commercial ship.

The cargo owners, terminals and all other parties commercially involved with the ships want to make sure that they have a seaworthy and a safe ship.

Reviewing

Rajeev Jassal
Rajeev Jassal Master

Bill of lading is a document of title. This means that the person who has the bill of lading is the owner of the cargo. But the bill of lading can be transferred to another person.

So if person A transfers the bill of lading to person B, person B becomes the owner of the cargo.

Master of the ship

Rajeev Jassal
Rajeev Jassal Master

I wrote a post explaining Incoterms in detail. You can read this post by click on the below link.

Incoterms: Guide of everything you want to know about

If there is any other specific question on this topic, do not hesitate to ask.

Rajeev Jassal
Rajeev Jassal Master

There is an obvious danger of ship squat. The danger of grounding due to decrease in under keel clearance of the vessel.

To fathom the danger that ship squat can pose to the vessel, one can go through the incident of sinking of RO-RO vessel "Herald of Free enterprize".

Briefly th

Rajeev Jassal
Rajeev Jassal Master

This is very unusual situation. Why would a shipper accept a Claused bill of lading at the load port if he did not agree with it ? Normally if the shipper has objection to the claused bill of lading, he will clear the matter with the ship owners at the load port it

Rajeev Jassal
Rajeev Jassal Master

Shipper is simply a person (or company) who contracts with the carrier for carrying the goods from one place to the other. So in your case, if your company has (or will) contract with the carrier (Ship or aircraft) for carrying these goods from China to India, then

Rajeev Jassal
Rajeev Jassal Master

Economical speed is the rpm at which an engine can be run where consumption of fuel is minimum. 

Now many of us confuse this with specific fuel consumption and other technical terms like this. Economical speed is for saving the fuel and at what rpm we can save

Rajeev Jassal
Rajeev Jassal Master

Absolutely. To understand this first we need to understand who is a shipper and who is a consignee.

A shipper is a party who arrnages for the transportation or a carrier (for example a ship) to transport the goods. If seller of the goods arranges for the transport, seller becomes the shipper of the