Page 216 - DMGT546_INTERNATIONAL_TRADE_PROCEDURE_AND_DOCUMENTATION

Unit 10: Containerization and Leasing Practices
Neha Khosla, Lovely Professional University

Unit 10: Containerization and Leasing Practices Notes

CONTENTS
Objectives
Introduction
10.1 Different Types of Containers

10.2 Design of Containers
10.3 Transportation of Containers
10.4 Leasing of Containers

10.5 Container Leasing Practices
10.6 Summary
10.7 Keywords
10.8 Review Questions
10.9 Further Readings

Objectives
After studying this unit, you will be able to:

Explain Concept of containerisation
Discuss Types of container
Discuss the Benefits of containerisation
Explain Global trade and containerisation
Describe Container leasing practices

Introduction

Containerisation is a method of distribution of goods using containers. The use of containers
has not only facilitated but has also revolutionized the carriage of goods among developed
countries. Exporters in developing countries are also making greater use of containers for the
transportation of the goods. The enactment of Multimodal Transportation of Goods Act, 1993
has enabled exporters from India to use containers for transportation of export cargo. Train or
road to the seaports carries the containers, where they are loaded on the ships for onward
transportation to their destination.
Exporters do not need to carry the cargo to the seaports any longer rather they can approach the
container freight station or the Inland Container Depot (ICD) to book the cargo there for
transportation to the destination. The custom clearance of the cargo is provided at ICDs and in
the process, the exporters are able to save lot of time. The packing of cargo in a container can be
done either in the container depot or in the factory of the exporter.
The holds of container vessels are fitted with a series of angle guides, adequately cross-braced,
to accept the container. Such holds are completely dedicated to either the 20 or 40 ft. containers.
The containers are stacked, such that, the one above rests securely on the weight-bearing comer
castings of the one below. The angle guides also facilitate discharging and loading by guiding
spreader frames of container cranes onto the comer castings of centaurs without any need for the
crane driver to make any fine adjustments to line up the lifting frame.

LOVELY PROFESSIONAL UNIVERSITY 211