Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

07/16/2025 Logistics Encyclopedia
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Dangerous Goods Declaration Process and Precautions

Dangerous Goods Declaration Process and Precautions

Dangerous goods declaration is mandatory for hazardous cargo (not required for general goods). Shanghai Port requires English MSDS, declaration authorization, packing list, and DG packaging certificate. Submit 1-2 days before booking to avoid rush fees and ensure smooth clearance. Confirm deadlines and maintain client communication to prevent delays.

07/17/2025 Logistics Encyclopedia
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Tunisias Sfax Port Expands North African Trade Links

Tunisias Sfax Port Expands North African Trade Links

Sfax Port is a vital maritime hub in Tunisia, connecting the Mediterranean Sea to the African continent. The port boasts well-developed facilities, offering comprehensive cargo handling, warehousing, and vessel services. With its strategic location and efficient operations, Sfax Port serves as an ideal gateway to access the North African market. Its modern infrastructure and experienced personnel ensure smooth and reliable logistics for businesses looking to expand their reach in the region.

09/29/2025 Port Encyclopedia
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LA and Long Beach Ports Introduce Night Pass to Reduce Congestion

LA and Long Beach Ports Introduce Night Pass to Reduce Congestion

The Ports of Los Angeles and Long Beach will implement the Night Gate program by the end of July. This initiative aims to alleviate port congestion and improve freight efficiency by extending terminal operating hours into the early morning and implementing congestion pricing during peak hours. This encourages cargo companies to utilize off-peak times for loading and unloading. The program has been piloted and is currently undergoing system testing. It is expected to significantly increase port throughput capacity and improve traffic conditions by shifting volume and reducing bottlenecks.

09/26/2025 Logistics
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Gelendzhik Airport Expands As Black Sea Travel Hub

Gelendzhik Airport Expands As Black Sea Travel Hub

Gelendzhik Airport (GDZ) is a vital hub connecting the Russian heartland to the Black Sea resort city of Gelendzhik. Boasting modern facilities and a prime location, it accommodates a variety of aircraft types. The airport primarily operates domestic passenger and cargo routes within Russia, providing convenient and efficient services for both business and leisure travelers, as well as cargo operators. It plays a significant role in supporting tourism and trade in the Black Sea region.

09/26/2025 Airport Codes
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Maersk Boosts Benin Trade with Improved Logistics

Maersk Boosts Benin Trade with Improved Logistics

Maersk offers a comprehensive guide to Benin's import and export trade, highlighting key information, import ban updates, and a new digital booking service designed to help Benin businesses efficiently expand globally. As a trusted logistics partner, Maersk leverages its expert team, global network, and advanced technology to help businesses succeed in the global market. This guide provides valuable insights and tools for navigating the complexities of international trade with Benin, ensuring smooth and efficient supply chain operations.

09/28/2025 Logistics
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India Advances Green Ports to Meet Netzero Trade Goals

India Advances Green Ports to Meet Netzero Trade Goals

India has announced an ambitious 'Net Zero Ports' initiative, aiming for net-zero carbon emissions across all major ports by 2047. The plan encompasses energy transition, electrification, technological innovation, digitalization, and infrastructure upgrades. It also emphasizes workforce development, gender equality, and financial support. If successful, India will position itself as a global leader in green maritime, promoting green trade and contributing significantly to global climate goals. This initiative showcases India's commitment to sustainable development within its maritime sector.

11/03/2025 Logistics
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Mississippi River Drought Threatens US Supply Chains

Mississippi River Drought Threatens US Supply Chains

Drought conditions have lowered the Mississippi River to its lowest level in a decade, causing waterway closures, hundreds of stranded vessels, and hindered agricultural product transport, leading to soaring freight costs. Concurrently, US imports are projected to fall to a near two-year low, reflecting weakened demand and ongoing supply chain challenges. The combination of extreme weather events and slowing global demand is exacerbating economic uncertainty. The low water levels are severely impacting the ability to move goods along this vital waterway.

12/29/2025 Logistics
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Freight Rates Soar Unprecedented Increase on Asia-europe Routes

Freight Rates Soar Unprecedented Increase on Asia-europe Routes

Recent data shows that container freight rates from Shanghai to Europe and the Mediterranean rose by 27.2% and 23.5% within a week, with increases of 170% and 203% compared to the same period last year. The box shortage and demand recovery are the main driving factors, which may impact the global trade landscape in the future.

07/23/2025 Logistics
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