Supply Chain Management

What are Landing Charges? Landing charges are fees levied by airports on airlines or aircraft operators for using their facilities and services during landing. These charges are based on various factors such as the size and weight of the aircraft, the duration of stay, and the type of services provided by the airport. Understanding landing […]

What are Lay Days? Lay days are a crucial concept in the shipping and maritime industry. They refer to the agreed-upon period during which a ship is allowed to load or unload cargo at a specified port without incurring additional charges or penalties. Lay days are an essential aspect of charter party agreements between shipowners

Limited carriers are entities within the transportation industry that operate under specific limitations or restrictions compared to full-service carriers. Understanding the roles and characteristics of limited carriers is crucial for businesses and consumers involved in shipping and logistics. Let’s explore the definition, functions, and examples of limited carriers to gain a comprehensive understanding. Key Points

Limited-function wholesalers are entities within the distribution chain that perform a narrower range of functions compared to full-service wholesalers. It’s crucial to understand the roles and characteristics of limited-function wholesalers, as they play a significant role in the distribution of goods. Let’s delve into the definition, roles, and examples of limited-function wholesalers to gain a

Limited-service merchant wholesalers are entities within the distribution chain that operate with a reduced range of services compared to full-service wholesalers. Understanding the role and characteristics of limited-service merchant wholesalers is crucial for individuals involved in supply chain management, retail operations, and investment analysis. Let’s delve into the definition, functions, and examples of limited-service merchant

Limited-service retailers are businesses that offer a narrower range of products or services compared to full-service retailers. Understanding the concept of limited-service retailers is essential for consumers and investors alike, as it helps identify different types of retail establishments and their respective offerings. Let’s delve into the definition, characteristics, and examples of limited-service retailers to

Lloyd’s Agent is a key player in the maritime industry, providing essential services to shipowners, insurers, and regulatory authorities. Understanding the role and responsibilities of a Lloyd’s Agent is crucial for anyone involved in maritime operations, as they play a critical role in ensuring compliance, safety, and efficiency in maritime activities. What is a Lloyd’s

Lloyd’s List and Shipping Gazette is a renowned maritime newspaper that provides valuable information and insights into the global shipping industry. Understanding the significance and content of Lloyd’s List and Shipping Gazette is essential for professionals and enthusiasts in the maritime sector, as it serves as a trusted source of news, analysis, and market intelligence.

The Lloyd’s Register of Shipping (LRS) is a renowned classification society and maritime classification organization that plays a critical role in ensuring the safety, integrity, and compliance of ships and offshore structures worldwide. Understanding the function and significance of Lloyd’s Register of Shipping is essential for stakeholders in the maritime industry, as it influences vessel

A Load Line is an important concept in the maritime industry. It refers to a marking on the hull of a ship that indicates the maximum depth to which a vessel can be safely loaded. This marking is also known as the Plimsoll line, named after Samuel Plimsoll, a British politician and social reformer who