Container Lines Flashcards
The first container line shipments were made in what year and by whom?
1956 - Malcolm McLean
Explain a shipper rotation and give an example.
A shipping rotation is the route a shipping vessel travels.
An example of a shipping rotation is the Mustang Service (LYNSL): Long Beach > Yantian > Ningbo > Shanghai > Long Beach
Compare and contrast first port of call and last port of call.
First port of call - for an international port, this is port of call is desirable for importers
Last port of call - for an international port, this port is very desirable for exporters
What is a transshipment port? Give an example
A transshipment port is when cargo is transloaded from one ship to another in order for the cargo to reach its final destination. An example of a transshipment port is Singapore.
What is IPI as it pertains to international containers?
IPI stands for Inland Point Intermodal
It’s a shipping service that moves containers between inland locations and ports
What makes international shipments more complicated to handle than domestic shipments?
Number of touches
Customs clearance
Accessorials
Explain a vessel sharing agreement.
Cooperation between shipping lines to fulfill demand on specific trade lanes through the sharing of vessel space only. This is beneficial for all parties involved because it consolidates capacity and reduces cost for all parties involved (the shipping lines themselves, customer, etc). It is only for the sharing of vessel space, no price fixing or shared marketing is conducted.
What is on-dock rail and the special charges associated with on-dock rail?
On-dock rail is the integration of rail services DIRECTLY at marine terminals to ensure seamless movement of containers between ships and trains.
The special charges associated with on-dock rail are lift charge and trucking charge to move the container from ship to rail.
What are the three essential documents that accompany a shipment and what are they used for?
Bill of Lading - legal document that shows proof of ownership, evidence of contract of carriage, and receipt of goods.
Arrival notice - document from the carrier or freight forwarder to the consignee, notifying them of the shipment’s arrival.
Packing list - provides details information about a shipment’s contents
What are the main interactions between a shipping line and Cargomatic?
Gate activity, import container release, chassis charges, last free day, IPI, late gate
What are the main factors that contributed to the last 40 years of growth in the container transport industry?
DIGT - deregulation, innovation, globalization, technology
What is the container terminal throughput?
The volume of containers that a terminal can handle over a period of time, measured in TEUs.
What is the difference between NVOCC and Freight Forwarders?
NVOCC take ownership of the freight whereas Freight Forwarders do not.
