Logistics What are Demurrage and Detention charges? In shipping lines, one would come across various expenses that add up to the total shipping charge. But what if the total expenses get even more spiked up by other charges as fine or penalties. In the shipping industry, demurrage and detention are the two popularly known charges that can accrue up to 20 times […] Written by Priya Singh October 10, 2020May 10, 2022 Saving Bookmark this article Bookmarked
Logistics Why you should buy SOC Containers now! The shipping container is known to be a major driver of international trade. Because of the important use of this essential asset, differences were made to identify containers based on their use and the holder of the container. Based on regulatory rules, these differences led to the categorization of the container into two broad types […] Written by Priya Singh April 2, 2020May 10, 2022 Saving Bookmark this article Bookmarked
BOXXPORT News The Five W’s of Brexit What exactly is Brexit? Brexit, which comes from the words ‘Britain’ and ‘exit’, is a shorthand way of talking about the United Kingdom’s separation from the European Union. The decision to leave the EU was made when a referendum was held, and the government called the British people to vote. Two options were presented: Remain […] Written by Priya Singh October 18, 2019May 10, 2022 Saving Bookmark this article Bookmarked
AI Current Trends in E-commerce The Current Situation The global B2B e-commerce market was estimated at a value of $10.6 trillion in 2018. The highest market share is in the Asia Pacific, and in second and third place are North America and Europe. The leading players in the industry are Amazon Business and Alibaba.* In a 2018 report, ‘The B2B […] Written by Priya Singh September 27, 2019May 10, 2022 Saving Bookmark this article Bookmarked
Logistics The Benefit of Digitalization in the Shipping Industry The Global Impact of the Shipping Industry Today According to the International Chamber of Shipping around 90% of all world trade is delivered to us by ships. Some of the vessels used in shipping can cost over $200 million to manufacture & the operation of merchant ships generates a yearly income of over half a […] Written by Priya Singh September 13, 2019May 10, 2022 Saving Bookmark this article Bookmarked
