Global shipping industry faces rising shipping costs and additional charges
2 April 2024
Recently, the global shipping industry has faced an uptick of shipping charges and additional charges again. Several major shipping companies, including Hapag-Lloyd, Mediterranean Shipping Company (MSC), Delta Shipping (CMA CGM), South Korean Shipping (HMM) and Walmart Shipping, have announced the upgrades of GRI (Integral Rate Rate Rate) and FAK (Free Shipping) from April 1 to May 1 this year.
Suez Canal Transit Fee Increases from 15 January 2024
October 20, 2023
Recently, the Suez Canal Administration of Egypt issued an important statement announcing a decision to increase transit costs for some ships starting in mid-January next year. This adjustment is likely to have some impact on global trade and inflation.
China-Russia Arctic Route Containers Officially Launched
17 August 2023
With the official launch of the Chinese-Russian Arctic Route container ferry, trade relations between the two countries are expected to be further strengthened.After years of preparation, this important project was officially opened at the launch ceremony in July, and the first ferry is expected to arrive at Shanghai Port in mid-August. At present, China-Russia cooperation on the Arctic Route is mainly focused on three aspects: one is through this cooperation.
Precautions for Maritime Imports from India: Regulations, Policies and Processes
26 June 2023
India, as the largest country in the South Asian subcontinent, has 12 major ports, including Mumbai, Calcutta, Chinatown (formerly called Madras), Cochin, Goa, etc., accounting for three-quarters of Indias domestic freight volume. Among these ports, Mumbai Port is the largest and its maritime capacity is ranked 18th in the world. However, Chinas shipping to Calcutta port in India requires its...
Labor-management negotiations at US West Coast ports reach preliminary agreement, shipping industry faces complex challenges
20 June 2023
First, the state of the labour negotiations: Preliminary agreement reached on June 15, 2023, the U.S. West Terminal Labor Negotiations, the International Terminal and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), representing the employer group, reached a preliminary labour contract agreement under the mediation of the U.S. Secretary of Labor Council.
MSC announces upgrades to 11 intra-Asia routes
26 May 2023
Mediterranean Shipping Company (MSC) has announced the upgrade of 11 intra - Asia routes to further strengthen its intra - Asian network, provide more convenient direct - sailing services, shorten transshipment times and increase capacity. This upgrade plan will come into effect in June 2023, providing customers with more efficient freight services. The following are the upgraded services and maiden voyage arrangements of MSC: Seagull -...
How much do you know about the size and weight of flat rack containers?
9 May 2023
Flat Rack Container is a special type of container that has no fixed wall or ceiling on the top and bottom, only a fixed rack on both sides and a fixed structure on the bottom. It is usually used to transport ultra-large, overweight or ultra-high goods, such as machinery, steel, wood, marble, etc. The size and weight of the rack container can depend on the manufacturer.
A number of shipping companies have opened the Far East—St. Petersburg route to fill the market gap
21 April 2023
In the context of global political instability, U.S. sanctions on Russia have led to the shutdown of many shipping companies around the world, and China’s shipping routes to Russia have also been affected. Although several shipping companies such as Maersk have successively withdrawn from the Russian shipping market, some shipping companies are shifting their business focus to the China-Baltic route.
Information and precautions that need to be applied for international air export
14 April 2023
International air export is an important logistics method that many companies need to take when expanding overseas markets. When conducting international air exports, a series of information and attention needs to be prepared to ensure safe transportation of goods and smooth clearance. Below is a detailed description of the information and attention needs to apply for international air exports.
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