Demurrage and detention charges have become a significant cost factor. Demurrage is charged when cargo stays in the terminal beyond the free period. Detention is charged when containers stay outside the terminal beyond the free period. Free periods vary by carrier and route — typically 3-7 days for demurrage and 5-10 days for detention. Always confirm these terms in your booking. Track your container return dates religiously.
Shipping insurance is often misunderstood. The standard 'all risks' clause in marine insurance actually excludes many common problems: insufficient packaging, inherent product defects, delay, and market loss. To be properly covered, you need specific clauses for your product and route. Work with an insurance broker who specializes in cargo insurance. The extra premium (typically 0.1-0.3% of cargo value) is worth it for the right coverage.
Your freight forwarder selection is one of the most important decisions in your supply chain. A good forwarder offers: competitive rates (not the cheapest), transparent pricing, proactive communication, customs expertise, and problem-solving capability. Interview at least 3 forwarders. Check their references. Start with a trial shipment before committing to a long-term relationship. A bad forwarder can cost you more in delays and damage than you save on freight.
The Bill of Lading is the single most important shipping document. It serves as: receipt of goods, contract of carriage, and document of title. Three main types: Original B/L (controllable — need signed copy to release cargo), Sea Waybill (non-negotiable — cargo releases automatically), and Telex Release (electronic — fastest but no physical document). Choose based on payment terms and trust level with the buyer. For L/C transactions, only Original B/L is acceptable.