Importance of incoterms in shipping
Incoterms in shipping benefit shippers, buyers and logistics service providers across the globe by standardising the trade contracts for...
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LOTUS Containers
Mar 273 min read
What is the MMSI number in shipping?
The MMSI (Maritime Mobile Service Identity) number in shipping is used by coast stations, vessels, and other maritime objects to...
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LOTUS Containers
Feb 223 min read
The function of shipping lines in maritime
The function of shipping lines in maritime involves various shipping activities, including cargo handling, documentation, cargo...
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LOTUS Containers
Jan 303 min read
What are the advantages of 4PL logistics?
Businesses across the globe find it challenging to carry on with their manufacturing and sales process and simultaneously handle...
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LOTUS Containers
Jan 53 min read
What is reverse logistics in shipping?
Reverse logistics in shipping is the process of returning the ordered goods from the customer to the manufacturer or any other designated...
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LOTUS Containers
Dec 20, 20233 min read
The Rise of EDI in Maritime Logistics
Electronic data interchange (EDI) is exchanging data electronically using technology and the internet to provide real-time results. The...
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LOTUS Containers
Aug 10, 20233 min read
What are the hazards of container floating?
The challenges in the maritime industry are growing daily, while the International Maritime Organization (IMO) is trying to find suitable...
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LOTUS Containers
Apr 7, 20233 min read
The Lifecycle of Shipping Containers: How Long Do They Last?
Cargo containers go through a very dynamic lifecycle. They see a versatile utility and a frequent change of ownership throughout their...
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LOTUS Containers
Mar 25, 20233 min read
How to know that your containers need maintenance?
The lifespan of cargo containers is often a speculating subject. The average lifespan is 25-30 years without maintenance. However,...
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LOTUS Containers
Apr 6, 20213 min read
Uses and Benefits of Portable Storage Containers | LOTUS Containers
Containers have been around us for many years, helping us in many ways. From providing storage to the transportation of goods- portable...
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LOTUS Containers
Jul 23, 20205 min read
Private Sector Stepping in to Finance the New Silk Road Project | LOTUS Containers
The new Silk Road aka BRI (Belt and Road Initiative) or OBOR (One Belt One Road) has been the burning topic ever since its announcement...
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LOTUS Containers
Jun 22, 20205 min read
What are Different Types of Container Leasing Policies? | LOTUS Containers
Generally, container leasing policies tend to be 60% to 70% more expensive than buying, yet it scores the majority of the votes and...
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