Businesses involved in Scandinavian transport on both sides of the North Sea are understandably concerned about the impact of Brexit. Whenever it happens, Brexit will represent the biggest change in economic relations between the UK and the Scandinavian countries for more than 40 years. Furthermore, statements from the UK’s prime minister Boris Johnson that the UK will leave “do or die” on 31st October 2019, and the EU’s intransigence on revising the three times rejected Withdrawal Agreement, make a so-called ‘no deal’ scenario more likely.
In every line of work, sooner or later you have to deal with some confusing industry-specific terminology. Here we’ve put together a selection of the most common shipping trading terms, to help you to better understand the legal vernacular you might come across when arranging your shipping.
Rarely a day goes by when we don’t hear about the increasing pollution in our towns and cities caused by the exhausts of vans, buses and HGVs. In an effort to reduce this pollution, congestion charges have been introduced and legal vehicle emission limits lowered. Greater numbers of cutting-edge gas, electric and hybrid vehicles are being introduced, all in an effort to reduce global warming and our country’s carbon footprint.
If road, rail, ocean, and air are the global arteries of trade, then shipping carriers are the red blood cells that keep the life-force flowing. It is many years since the idea of doing business with international partners ceased to be the preserve of the exotic few. In today’s landscape, we’re all using shipping partners.
Different insurance options mean that different methods are called for when making a claim. Insurance claims for freight transport remain rare. However, variables such as adverse weather can mean that issues arise. The cost of claims is covered by either carrier liability, cargo insurance, or both. There are distinct differences between the two. When deciding which to use, these are the factors to consider in the claims process.
They’re the headlines that raise the occasional eyebrow. A flotilla of 28,000 rubber ducks, now in their 26th year afloat, whose odyssey was launched by a rogue wave. Cornwall’s Lego Tide, which has entered its third decade. The 2,862 luxury cars at the bottom of the English Channel after the MV Tricolore disaster. The £1 million worth of bespoke engineering parts that looters were allowed to keep after the 2007 Tripoli accident.
The people that you trust your cargo to matter. Operations managers already know this. However, that simple term – trust – can be hard to believe. The origin of the word is Scandinavian – an Old Norse root word, and its literal translation is: ‘veracity, integrity, help, confidence, protection, and support’. At NTEX, where we infuse practical infrastructure with Scandinavian customer service philosophy, we embody the full meaning of ‘trust’.
GPS. It’s a word that we all know, and a technology that many of us rely upon. Yet, as the strange incident of MH370 reminded us, the journey from A to B can often represent a vast and unchartered territory into the unknown. When delicate and expensive cargo is making the journey from the rolling fields of Wiltshire to the Svalbard tundra, everyone sleeps more peacefully when they can keep an eye on things at the click of a button. That’s why in 2017 we installed GPS tracking in all of our trailers, meaning that both cabs and trailers are now completely monitored.
In the complex world of insurance, it can be challenging to know where one responsibility ends and another begins. Terms such as ‘liability’ and ‘insurance’ have moments of overlap, and transporting freight through different borders and mediums can do little to add clarity. This post examines the key differences between carrier liability and cargo insurance.
International shipping seems to be a complicated and unnerving process. Getting the goods to their destination on time is one of the most important parts of many businesses. Numerous formalities come with the shipping process while many problems are awaiting each shipment along the way.
Topics: Shipping To Sweden