Severe weather is disrupting shipping routes around Africa, forcing containerships to halt their journeys around the Cape of Good Hope. With waves over 30 feet high and powerful winds, vessels are seeking shelter from the cyclone’s wrath. Since over 600 ships navigate these treacherous waters, the impact on global cargo movement is set to increase. Continue reading to stay informed on how this could affect international trade.
Shipping During The Hurricane Season
While uncontrollable situations can happen when shipping during the hurricane season, there are ways a shipper can prepare.
NVOCC vs. Freight Forwarders
While NVOCCs and freight forwarders both have their benefits, the answer depends on the shipment being made by the shipper. The most significant distinction is that NVOCCs are only for maritime shipping, while forwarders move cargo differently. If a business moves goods by the ocean, NVOCCs can provide personalized services and help shippers avoid the intermediary fee. This is because they are independent carriers instead of agents. Forwarders benefit from allowing different ways to transport goods. Businesses with international supply chains can take advantage of having their entire freight journey handled. Forwarders also have extra services not provided by NVOCCs, such as warehousing and customs clearance.
Suez Canal Congestion
How does the Suez Canal Congestion affect the ships carrying freight and supply chains? During a journey through the canal, the Ever-Given container ship was moving through a sandstorm. The
The Significance of Cargo Insurance
What Is Cargo Insurance? During the international shipment of your goods, there can be a possibility that damage, loss, theft, or even contamination may occur. When this happens, your business