Transpacific trade – follow my lead
All eyes on the next move
© Khunaspix Dreamstime.
By Mike Wackett
Against a backcloth of intensified freight rate volatility and cancelled sailings on global tradelanes, transport consultant Drewry has examined whether it is an advantage for small and medium sized shippers to sign volume contracts with ocean carriers.
In its May edition of Logistics Executive Briefing, Drewry considers the types of contract a shipper could have with a carrier, ranging from a verbal or written quotation and acceptance, to a typical ‘big shipper’ contract.
The largest shippers have “well-crafted annual contracts” said Drewry, ...
Comment on this article
Chas Deller
May 26, 2015 at 4:58 pmHI, do u know if this format has been ratified by the FMC in USA?
Mike Wackett
May 28, 2015 at 9:01 amI suspect not Chas – but I will seek confirmation from BIMCO
Mike Wackett
June 01, 2015 at 2:02 pmHi Chas,
BIMCO confirm SERVICECON can be used in the US using Annex A
Drop me a line and I will pass you the details.
CHAS DELLER
June 01, 2015 at 4:14 pmThanks Mike yes please forward
Chas