The new Conqueror Freight Network is a cooperative group of independent freight forwarders that, while retaining independence, operate as a virtual multinational freight forwarder. In other words, they provide the services formerly provided by only the largest multinational forwarders. Based in Madrid, Spain, they operate in 564 cities in 175 countries. Until now, independents have […]
Incoterms 2010 Take Effect January 1st, 2011
Incoterms 2010 will take effect on January 1st, 2011. Since the last revision, Incoterms 2000, there have been a number of changes in both global and domestic trade, this revision addresses those changes. In contrast to the previous four classes, E,F,C and D, Incoterms will now be separated into 2 groups, those applicable to all […]
Cargo Ships MSC Chitra and Khalijia Collide off Mumbai
Two cargo ships collided off Mumbai, the MSC Chitra and Khalijia, resulting in a large number of cargo containers sliding overboard and a sizable oil spill. The MSC Chitra listed sharply to the port side after the collision causing the spill. It was carrying 1219 containers, 2662 tons of fuel, 283 tons of diesel and […]
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