L O T U S - M A R I N E

How much do you know about Demurrage?

Demurrage is a result of a failure to abide by the rules agreed to in a charter agreement. Specifically, it is when a charge is payable to the owner of a chartered ship on the failure to load or discharge the ship within an agreed time period. road freight

Port of Guangzhou

The Port of Guangzhou is called the “Silk Road on the Sea,” covering nearly 250 miles of coastline as a major shipping hub in southern China. Located in the Pearl River Delta, Guangzhou connects with more than 100 ports in China and 350 ports worldwide. Sea Freight Iran

From which road did the most basic transport start from?

According to the most important documents and evidence available, the most basic type of land transportation started from the Silk Road. This road lost its popularity and wide use due to the development of roads and highways and the creation of the Industrial Revolution in the late twentieth century.

What is the difference between cargo and freight?

The terms freight or cargo refer to the transportation of goods from one place to another, but cargo is typically only used for goods transported by plane or ship. Freight has a much broader definition and can also be applied to the transportation of goods via road, ocean, rail,

Iso Tank Sea Shipment

What is an Iso Tank ? An ISO Tank is a tank container which is built according to the ISO standards (International Organisation for Standardisation) ISO tanks are designed to transport and store liquids, both hazardous and non-hazardous. The Transport Of this type of container can be made be

Chittagong port eyes larger vessels to minimize costs

The port of Chittagong in Bangladesh has unveiled plans to begin accommodating larger vessels, doubling its capacity to lower transportation costs and enhance productivity. The move is taken after London-based consultancy firm HR Wallingford conducted the required survey and informed the port authority that 200-meter vessels with 10.5-meter water

OOCL’s revenues skyrocket amid container volume decline

71% in its first-quarter revenues, compared to 2021 Q1, surpassing US$5.1 billion. “This record Orient Overseas Container Line (OOCL) has reported a significant increase of result was achieved despite severe congestion around the network, which drove down liftings by 9.2% and loadable capacity by 6.5%,” said OOCL in its

Port of Dubai

Voted the “Best Seaport in the Middle East” by the Higher Committee for UAE Civil Seaports and Airport Security, the Port of Jebel Ali in Dubai opened in 1979 to supplement Port Rashid. This is the most-used harbor outside of the United States by the U.S. Navy. 

Port of Busan

Located on the southern end of the Korean peninsula, the Port of Busan is a metropolitan city with a population of 3.5 million residents. Yong Island splits the Port of Busan, connecting to the mainland by drawbridge — the east side focuses on trade, and the west side centers