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Supply/demand

Though container volume growth has obviously been lower than many had hoped, it is the supply side developments that are the market’s main challenges. Supply is forecasted to grow at an average annual rate of 8.4% between 2023 and 2025. Even at the best of times, ship demand would not see similar ... Please follow the link to continue reading.

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New Report Highlights Positive eBL Law Reforms

The Digital Container Shipping Association (DCSA) has published a promising report highlighting positive eBL law reforms, emphasising the potential of electronic bills of lading to save $6.5 billion in direct costs and boost global trade by $30-40 billion annually.

Explanatory notes

Introduction  Standard terms and conditions Clause 1 - Definition Clause 2 - Notification Clause 3 - Liability for Carriage Between Port of Loading and Port of Discharge Clause 4 - Law and Jurisdiction  Clause 5 - The Scope of Carriage  Clause 6 - Substitution of... Please follow the link to continue reading.