South Korea has established a $1.2 billion shipping fund to support the recovery of its shipping companies, emphasizing the need to control debt ratios. The relevant legislation must be approved by the National Assembly.
COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.
This article provides information on British Airways' direct flights from Beijing (PEK) to London, along with guidelines and precautions for charter cargo operations. It emphasizes flight schedules, cargo safety requirements, booking instructions, and associated costs to help readers better understand the logistics and processes of air transportation.
On June 25, 2025, China and Cuba launched their first regular international freight route, operating twice a week with a cargo capacity of 20 tons per trip. This new service significantly shortens the transportation time to within 24 hours, greatly facilitating trade development between the two countries.
This article analyzes the policies regarding direct loading versus hazardous warehouses for dangerous goods transportation. Specifically, Class 8 and 9 dangerous goods can be directly loaded without entering hazardous warehouses, while certain special Class 6 products require case-by-case handling. It details the operational procedures at Yangshan and Outer Port, along with current hazardous warehouse service conditions, emphasizing the importance of understanding these regulations.
This article provides a detailed interpretation of the concepts, differences, and applicable scenarios of Direct Air Waybill (Direct AWB) and House Air Waybill (House AWB) in international air transport. A Direct AWB is issued by the airline, directly connecting the actual consignor and consignee. A House AWB is issued by the freight forwarder, involving a master air waybill and house air waybill, and is often used in scenarios where freight forwarders need to provide customs clearance and other services. The choice of which document to use depends on factors such as the consignee's customs clearance capabilities, service requirements, cost, information security, and transportation time.
This paper delves into the distinction between customs territory and national border, emphasizing that the key to defining a customs territory is the “implementation of the same customs law,” and correcting misconceptions about “within the border but outside customs.” It also provides a detailed introduction to the concept and operation of free trade ports, using Singapore and Hong Kong as examples to illustrate the role of free port policies in promoting international trade. Understanding these concepts is crucial for practitioners in cross-border trade.
China Post Group announced the upcoming launch of the South China Postal Aviation (International) Hub Center to support Guangzhou in building an international logistics center and enhance the competitiveness of Baiyun Airport as an international hub. Currently, four operation centers have been established at Baiyun Airport, with a daily mail processing capacity of over 5 million pieces. Future investments will focus on developing an aviation hub in the Guangdong-Hong Kong-Macao Greater Bay Area, forming a comprehensive aviation logistics hub connecting the globe.
This article analyzes the time and costs required for shipping furniture from major ports in China to Brisbane. It highlights influencing factors such as the shipping origin, transportation methods, and intermediaries. The article also recommends communicating with shipping companies to obtain reasonable prices and transportation guarantees.
In import container transportation, avoiding demurrage fees is crucial. Typically, containers can be used for free for 10 days after goods are shipped, after which additional charges apply. To ensure timely return, importers should contact the shipping line and storage yard at customs to arrange direct transport of goods for container return. This approach not only saves time but also effectively reduces demurrage costs.
