World’s First 100% Electric And Autonomous e-Container Ship ‘Yara Birkeland’ Prepares For Operations
The Yara Birkeland, the world’s first autonomous and fully electric container ship, will soon commence commercial operations while beginning a two-year test period, prior to entering full autonomous operation on a route off the coast of Norway. It is fully powered by a Leclanché high-energy lithium-ion battery system. The emission-free and safe energy supply is provided by a 6.7 MWh battery system with integrated liquid cooling to...
What is Freight Prepaid in Shipping?
Freight prepaid is a general shipping term used when the seller or the shipper of goods pays the freight charges to the shipping line for transporting the goods to the buyer’s specified location. This term is very closely connected to ‘Free on Board (FOB) Destination, Freight Prepaid’ which means that the shipper pays all freight charges on the cargo until it is delivered to the customer’s premises. In this case, the ownership and...
What Does Freight All Kinds (FAK) in Shipping Means?
Freight All Kind (FAK) is a classification used by consolidators, freight forwarders, logistics service providers, etc. to quote rates to their customers for Less-than Truck Load (LTL) shipments. It relates mainly to customers who ship different types of cargo in small quantities, in one lot, that may not necessarily be a Full Truck Load (FTL). To understand the FAK better, let us first see what the HS is all about. While exporting or...
What are Container Carrier Alliances?
Over the last year, there has been a lot of focus on Container Carriers and Alliances. Whilst Alliances have been a feature of the Container Shipping industry for over two decades now, the current overheated freight rate scenario and congestion woes afflicting ports globally have put the spotlight firmly on Carrier Alliances, with the US Government even issuing an executive order in July 2021, looking askance at the dominance of...
