Global Trade Relies on Cargo Insurance as Risks Grow

Global Trade Relies on Cargo Insurance as Risks Grow

This article discusses the main forms of insurance documents in international freight, including insurance policies, insurance certificates, and combined certificates, along with their specific contents and functions. Insurance serves as a crucial tool for safeguarding the economic interests of both buyers and sellers in international trade, especially under CIF terms, where the seller is responsible for insuring the goods. Understanding these documents enhances the security and efficiency of trade.

07/28/2025 Document Interpretation
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Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.

09/26/2025 Logistics Encyclopedia
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Chartered Air Freight The Ideal Choice for Bulk Cargo Transportation

Chartered Air Freight The Ideal Choice for Bulk Cargo Transportation

Charter transport involves renting an entire aircraft or part of its capacity to a single or multiple charterers for the efficient transport of bulk goods. This article discusses the definitions of full and partial charters, costs, advantages, and their applications in modern logistics, helping readers choose a more suitable transportation solution to enhance logistics efficiency.

07/23/2025 Logistics
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Container Ship’s Certificate: An Essential Document for International Cargo Transportation

Container Ship’s Certificate: An Essential Document for International Cargo Transportation

The container ship certificate is a crucial document that verifies goods have been loaded onto a container ship. This certificate can be generated and stamped by the beneficiary or noted through a bill of lading. When required by a letter of credit, issuing banks typically accept certificates from multiple parties, especially in transactions from the Middle East and Africa, where document personnel need appropriate knowledge.

07/18/2025 Logistics Encyclopedia
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Air Cargo Transportation: Complete Analysis of Core Advantages & Key Features

Air Cargo Transportation: Complete Analysis of Core Advantages & Key Features

Air cargo transportation, with its advantages of speed, short distances, and low investment, has become an important mode of modern logistics. It offers strong flexibility and high safety, making it suitable for time-sensitive and high-value goods. However, high transportation costs and the specific requirements for certain types of cargo must also be considered. Businesses should choose the transportation method wisely based on logistics needs.

07/14/2025 Logistics Encyclopedia
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Ensuring Maritime Safety Comprehensive Management of Solid Bulk Cargo Transportation

Ensuring Maritime Safety Comprehensive Management of Solid Bulk Cargo Transportation

This article analyzes the 'Regulations on Safety Supervision and Management of Maritime Solid Bulk Cargo,' covering key aspects such as legal foundations, corporate safety management systems, comprehensive reporting management, loading and unloading operational standards, and legal responsibilities. The aim is to provide a comprehensive safety guarantee and operational guidelines for the maritime industry.

07/24/2025 Logistics Encyclopedia
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