Norwegian shipping company Golden Ocean Group expects that the dry bulk shipping market can absorb 10% of new vessel capacity due to port congestion and demand for coastal trade in China. Although the number of new ship deliveries needs to be reduced by 40% to maintain high charter rates, the market still shows resilience and potential for growth.
SWB allows consignees to claim goods with copies post-departure (shipper loses control), while telex release requires shipper's LOI to carriers, retaining cargo control. Choice impacts costs and release procedures based on payment status.
Canada Post faces a strike threat, prompting shippers to develop proactive strategies including seeking alternative carriers and ensuring customer communication. Transparent communication and flexible logistics solutions can mitigate potential impacts and ensure business continuity.
Tantalum powder, this flammable metal powder (critical for capacitors/tech), requires IMDG Code compliance, certified carriers, and proper documentation. Store in cool/dry conditions with anti-oxidation packaging. Professional handling and qualification audits ensure safe transport.
Types of warehouse yards include container yards, general cargo yards, and bulk cargo yards, each with distinct characteristics and functions. Container yards focus on large cargo containers, emphasizing layout for optimized transfer; general cargo yards deal with various packaging forms requiring categorized management; while bulk cargo yards prioritize unpackaged small granular goods, needing protection from weather.
This article discusses the key information and terms of the bill of lading in international logistics, emphasizing the legal relationship and risk management between carriers and merchants. It clarifies the division of responsibilities to mitigate commercial risks.
Since its opening in 1965, Jurong Port has continually expanded and upgraded, becoming the largest bulk cargo port in Asia. With strong vessel acceptance capacity and advanced logistics facilities, it plays a vital role in supporting Singapore's economy and the global supply chain.
Recently, the Ministry of Transport announced adjustments to the macro-control policy for the transportation market of bulk liquid hazardous goods in coastal provincial routes. The new policy emphasizes principles of openness and fairness, aiming to optimize market entry and improve transportation efficiency through overall control and selection mechanisms, thereby promoting sustainable development in the industry.
Under the influence of new tariff policies, major freight carriers like J.B. Hunt and Knight-Swift are flexibly adjusting their asset layouts to respond to changes in market demand and supply chain challenges, enhancing service efficiency and competitiveness.
This article introduces the types of freight carriers and the importance of selecting the right carrier. Both VOCC and NVOCC have their advantages, and understanding these can help businesses improve shipping efficiency, reduce costs, and enhance market competitiveness.
