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.
The ATA Carnet is used for customs clearance in international trade, suitable for various goods, including exhibition items, professional equipment, commercial samples, scientific instruments, and sports equipment. Goods using the ATA Carnet must meet specific conditions, particularly in China, where only items related to exhibitions are allowed. Understanding the relevant regulations helps ensure smooth customs procedures.
Hunnu Airlines has launched a direct flight from Ulaanbaatar, Mongolia, to Beijing Daxing International Airport, utilizing the Embraer E195-E2 aircraft for the first time. This marks a new development in the China-Mongolia air corridor. The new route aims to strengthen communication and cooperation between the two countries and promote further growth in the tourism industry.
U.S.-China trade negotiations will be extended by 90 days, leaving the market in ongoing uncertainty. With the EU accepting a 15% tariff, both merchants and consumers will bear the costs, potentially leading to price increases for goods, affecting consumer choices and business hiring. The tariff policy will profoundly influence the domestic market and the international trade landscape.
Ngari Gunsa Airport, located in Shiquanhe, Tibet, is a key aviation hub for accessing the Qinghai-Tibet Plateau. The main flights include China Eastern Airlines to Kashgar and Virgin Australia to Lhasa, but there is currently no METAR weather observation data available. As a modern airport, it plays a crucial role in promoting regional economic and cultural integration.
The SWIFT code BKCHCNBJ220 of the Bank of China plays a crucial role in international transfers. This code consists of the bank identifier, country code, and branch identifier, ensuring the safety and accuracy of funds in cross-border transactions. Understanding and using this code correctly can effectively prevent errors during remittances and ensure that funds are delivered smoothly.
This article discusses two main ways to ship goods to Amazon warehouses: international express delivery and third-party logistics services. While international express is fast, it may encounter customs risks. In contrast, third-party logistics companies provide recipient information and labeling services, effectively helping to resolve potential issues and ensure smooth delivery of goods into the warehouse. Sellers are advised to partner with reliable freight forwarders.
This article conducts an in-depth analysis of the four major process differences between Shanghai Port and Ningbo Port. It explores the distinctions in freight forwarding operations in terms of the incoming container manifest, data requirements for entry, pre-loading manifest submission, and customs declaration timing. These differences not only reflect each port's management model but also highlight the measures taken to enhance operational efficiency.
In air cargo, Boeing aircraft are the primary transport tool. Freight forwarders emphasize the dimensions and weight of goods when requesting quotes to select the appropriate aircraft type. Cargo is typically placed on aluminum pallets to ensure safe transportation. Different aircraft have varying pallet specifications, and if cargo exceeds these requirements, adjustments to the transport plan are necessary. Understanding the importance of pallets cannot be overlooked.
The size and load capacity of containers are key factors in cargo transportation. This article provides detailed information on various container internal and external dimensions, weight, and volume, assisting relevant industry professionals and freight forwarding companies in optimizing transport solutions while ensuring cargo safety. Understanding this fundamental information aims to enhance transportation efficiency and customer satisfaction, which is the primary objective of this report.
