Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh has reached a collaboration with a Japanese company to jointly develop the Matarbari deep sea port in the Cox's Bazar region, aimed at enhancing international trade capacity and economic growth. The new port will feature a 460-meter container terminal and a 300-meter multipurpose terminal, with an expected handling capacity of 2.6 million TEUs, and is set to be completed by 2029.

08/05/2025 Logistics
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Carriers Key Roles in Global Shipping Risk Management

Carriers Key Roles in Global Shipping Risk Management

This article provides a detailed analysis of the core responsibilities and obligations of carriers in international shipping, particularly in multimodal transport. It covers aspects such as providing seaworthy vessels, proper cargo handling, and adhering to shipping routes. The article also discusses the definition of responsibilities in cargo receipt and delivery, situations of exemption, and the special liabilities and compensation limits that apply in intermodal transport scenarios.

Rotterdam Port: A Shining Star of Global Port Infrastructure

Rotterdam Port: A Shining Star of Global Port Infrastructure

As a leader in global port infrastructure, Rotterdam Port continues to spearhead port development with its advantageous geographical location, modern facilities, and diverse functions. The port has not only demonstrated a strong cargo handling capacity but has also enhanced its operational efficiency through digitalization and large-scale investments, solidifying its importance in global shipping. The success of Rotterdam Port serves as a developmental model for other ports.

Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang announced a phased increase in container handling and storage fees starting in 2025, with a maximum rise of 243%. This policy has far-reaching effects on the global freight forwarding industry, squeezing profits for some companies and prompting more customers to turn to alternative ports. In response, freight forwarders are seeking strategies to cope with these changes, adjusting pricing mechanisms while also facing government bailouts.

06/20/2025 Logistics
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Freight Invoice Issuance Guide: Key Considerations and Process Insights

Freight Invoice Issuance Guide: Key Considerations and Process Insights

This article outlines key considerations for issuing freight invoices, including qualifications for issuing on behalf, a simplified process for filling in freight items, and handling regulations related to voiding and red-invoice issuance. Taxpayers must clearly understand the specific processes for voiding invoices and issuing red invoices, as well as the return requirements, to ensure compliance with tax regulations and avoid unnecessary losses and complications.

Tunisias La Goulette Port Boosts North African Trade

Tunisias La Goulette Port Boosts North African Trade

La Goulette Port, located in northeastern Tunisia, is a vital port connecting the capital city to the Mediterranean Sea. Capable of handling various types of vessels, the port boasts a significant annual throughput, making it an ideal choice for North African trade. It provides traders with efficient, convenient, and secure services, ensuring smooth and reliable operations for import and export activities in the region.

Kharkiv Airport Key Eastern Ukraine Aviation Hub

Kharkiv Airport Key Eastern Ukraine Aviation Hub

Kharkiv International Airport is a civilian airport in Kharkiv, Ukraine, operated by "New Systems AM." The airport features modern terminals and cargo facilities, primarily handling domestic and international passenger and cargo routes, connecting to various cities. In recent years, passenger traffic has been steadily increasing, and it is expected to exceed 1 million passengers in the future, becoming a significant aviation hub in eastern Ukraine.

Syracuse Hancock Airport Emerges As Key East Coast Cargo Hub

Syracuse Hancock Airport Emerges As Key East Coast Cargo Hub

Syracuse Hancock International Airport (SYR) in New York is a vital hub in the West Coast cargo network. Despite facing challenges from high snowfall, the airport maintains operational capabilities in adverse weather thanks to advanced snow removal equipment and its strategic location. This ensures critical regional freight services. Future enhancements to cargo handling capacity will further solidify its position as a key air cargo center.

Guide to BRED Madagasikaras SWIFT Code for Secure Transfers

Guide to BRED Madagasikaras SWIFT Code for Secure Transfers

This article analyzes the SWIFT code BFAVMGMGXXX of BFV-Societe Generale Madagascar, providing a guide to cross-border money transfers. It covers the code's structure, verification process, error handling, and alternative solutions for international payments to and from Madagascar. The guide aims to simplify the process and provide clarity on using SWIFT codes for secure and efficient international transactions involving BFV-Societe Generale Madagascar.

Hibret Bank Ethiopia Simplifies SWIFT Codes for International Transfers

Hibret Bank Ethiopia Simplifies SWIFT Codes for International Transfers

Hibret Bank's SWIFT code UNTDETAAXXX is used for international money transfers to Ethiopia. It's crucial to verify this information and understand the bank's procedures for handling errors and required information for receiving funds. This ensures secure and efficient international remittances to Hibret Bank in Ethiopia. Double-checking details with the sending and receiving banks is highly recommended to avoid delays or complications with the transfer process.