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A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3] Typically, the claimant will seek damages (financial compensation for loss), but other remedies include "specific performance", where the cargo-owner seeks delivery of the goods as agreed.
The Malta-flagged bulk carrier Morea, managed by Eastern Mediterranean Shipping, was targeted in the Red Sea. She was en route to India from Russia. Sealady: The Malta-flagged bulk carriers Sealady, also managed by Eastern Mediterranean Shipping, was targeted in the Red Sea. Her AIS said she held Russian cargo.
Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
In 2023, two Swiss companies wanted to ship valuables from Switzerland to Canada, and each arranged with Brink’s Switzerland Ltd. to handle the logistics and compensate for any transit losses. Valcambi , a Swiss precious metals refinery, wanted to ship 24 gold bars weighing in total 400 kilograms (880 lb) to the Toronto-Dominion Bank ; the ...
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
This figure has been consistent for the last few years (ranging between 58% and 69%). Moreover, US respondents asked in the survey listed free shipping (54% mentions) as a most important factor for online shipping. Next in line were exclusive online deals (23%), no sales tax (10%), fast shipping (9%) and in store pickup (5%).