STU Supply Chain - Global Logistics and International Shipping

Today, STU Supply Chain will take you to know about Verified Gross Mass (VGM). What is VGM? Overweight containers will bring security risks to the safety of ships. What are the regulations of VGM? What is VGM? The International Maritime Organization (IMO) announced that it will implement the relevant requirements of the International Convention for the Safety of Life at Sea (SOLAS Convention) on Verified Gross Mass (VGM), which requires that from July 1, 2016, unless the The shipper provides the ocean carrier and/or terminal representative with the container weight, otherwise the container is no longer allowed to be loaded. Its purpose is to verify the requirements of the gross weight of the container, which is a commitment to safety. Misreporting of gross container mass poses risks to domestic and foreign personnel, inland and sea cargo, and equipment and can lead to accidents, and the Verified Gross Mass (VGM) regulations are designed to reduce potential risks. The VGM regulations cl

Matson announced on August 29 that CCX service will make it's last China voyage with the departure of the Matsonia 026E, departing Ningbo on September 6 and Shanghai on September 8. CCX service launched in July 2021, As a temporary expedited solution for Oakland during service disruptions on the West Coast. Highlights of CCX service:  ①  CCX service port rotation : Ningbo - Shanghai - Oakland - Long Beach - Honolulu - Ningbo.  ② Directly from Shanghai to Oakland port in Northern California, the sea transportation time is 12 days; Ningbo to Oakland is 14 days.  ③ Vessels of CCX route depart for Long Beach on the 2nd day after arriving in Oakland and arrive at Long Beach on the 3rd day. So the shipping time from Shanghai to Long Beach port in Southern California is 15 days; Ningbo to Long Beach is 17 days.  ④ The docking terminal is Matson's special terminal. No matter it is Oakland docking or Long Beach port docking. Both are at Matson's dedicated terminal. Not a shared pier

  Insurance is an indispensable condition and an integral part of the international cargo purchase business. The largest volume of business and the widest coverage is marine cargo insurance. The marine cargo insurance clauses are divided into two categories:  basic  insurance   and  additional  insurance . Marine Insurance Coverage Basic insurance Basic marine cargo insurance is a mandatory part of marine cargo insurance. There are two types of basic insurance: general cargo insurance and special cargo insurance. The general cargo insurance is divided into three types: safety insurance, water damage insurance and all risks. The special cargo insurance is divided into two types of insurance, namely, loading and unloading tung oil insurance and refrigerated cargo insurance. In the two categories of five types of insurance, the policyholder must choose one of them as the basic insurance according to the characteristics of the goods and transportation conditions. On this basis, the policyh

  Many shippers often hear MBL and HBL when dealing with freight forwarders, but how much do they know about HBL and MBL? Is there a difference between HBL and MBL? The following is to answer those things about the bill of lading HBL and MBL. Content list: Definition of HBL and MBL The characteristics of HBL and its difference from MBL HBL and MBL Operation Process Definition of HBL and MBL The full name of MBL is Master Bill of Lading. If there are Part Bills, MBL is usually also called Master Bill. The full name of HBL is House Bill of Lading. If Part Bills are to be issued, then Part Bills must be issued by freight forwarders. Since they are issued by freight forwarders, all Part Bills are HBLs—but not all HBLs are Part Bills. Because a lot of them don't come out of Part Bills. There are also a small number of people who call HBL the Forwarder Bill of Loading. It should be noted that the bill of lading (whether MBL or HBL) is only for sea freight. Aviation is Airway Bill (AWB fo