At the Frontline of the Hanjin Failure
What happened to Hanjin Shipping? It was a day like any other day, except it turned into a crisis like no other. A crisis that had impacted numerous countries, businesses and individuals. A moment in time where the 7th biggest shipping line in the world went into administration and 141 of their vessels around the […]
The Outlook for Logistics
According to MHD (Transport Intelligence Report, 2017, 47(2), pg6), 2016 has been the weakest year for the global economy since the Great Recession of 2008-09. Global economic growth was just 2.3% in 2016, down from 2.7% in 2015. Looking forward, some of the World Bank’s expectations for 2017 are: Global growth is projected to rise […]
Strengthening the Chinese & Australian Trade Relationship – Stockwells International
Fifteen years after China’s ascension to the WTO, China is now clearly integrated into the global economy, first as a result of goods flow, and now increasing investments and services. In 2000, the Chinese government clearly stated a strategy, with the intention to adjust China’s foreign economic development strategy from one that ‘brings in’ technology, […]
FAQ – VGM 1st July 2016
What is Solas? SOLAS stands for “International Convention for the Safety of Life at Seaâ€. Although it has already been in existence since 1914, in response to the Titanic disaster in 1912, there have been several versions since that time, the International Maritime Organization (IMO) develops and maintains the current SOLAS. What is VGM? VGM […]
CIF Shipping: the Good and the Bad
We have recently wrapped up several assignments with some very iconic Australian companies. We analyzed copious amounts of data and at the end of the day, find it utterly astounding how much a lack of control still exists on some of these supply chains. This can be in the form of CIF shipping or even […]
Overbooking and the Stress of Container Shipping Booking
One of the most crucial stages in freight shipping is booking the right vessel for ocean freight, there are many things to consider, price, transit times and destinations. This is made more difficult for the shipper, freight services and shipping lines alike as year after year there are overbookings of space on vessels, creating time […]