The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.

07/11/2025 Logistics
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A Comprehensive Analysis of Customs Settlement Methods: Comparing Letters of Credit and Wire Transfers

A Comprehensive Analysis of Customs Settlement Methods: Comparing Letters of Credit and Wire Transfers

This article provides a detailed analysis of customs settlement methods in international trade, including letters of credit, telegraphic transfers, demand drafts, and other forms. It highlights the characteristics and applicable situations of each settlement method, offering a comparison of the safety and convenience of these options to help businesses better understand the settlement process.

07/21/2025 Logistics Encyclopedia
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Mount Hagen Airport Vital Air Hub in Papua New Guinea

Mount Hagen Airport Vital Air Hub in Papua New Guinea

This article presents basic information about Mount Hagen Airport (HGU), including its geographic location, elevation, and functions. As a significant aviation hub in Papua New Guinea, Mount Hagen Airport plays an important role in enhancing regional transportation convenience and cultural exchanges.

08/08/2025 Airport Codes
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Global Small Parcel Shipping Benefits and Best Products

Global Small Parcel Shipping Benefits and Best Products

This article analyzes the types of products suitable for international small package transport, including electronics, textiles, tools, and cosmetics. It discusses the advantages in terms of cost-effectiveness, customs clearance convenience, and weight and size suitability. Additionally, it highlights important considerations during shipping, providing practical guidance for those engaged in cross-border logistics.

08/04/2025 Logistics Encyclopedia
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Guide to SWIFT Codes for Mutual Trust Bank in Bangladesh

Guide to SWIFT Codes for Mutual Trust Bank in Bangladesh

This article explains how to find the SWIFT code for the Mutual Trust Bank Plc. branches in Bangladesh. It provides a list of branches along with their addresses and SWIFT codes for reference. Additionally, it emphasizes the convenience of using the global headquarters code for international payments, ensuring secure and safe fund transfers.

08/25/2025 International Settlement
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Palestinian Arab Bank Branches Clarify SWIFT Code Use

Palestinian Arab Bank Branches Clarify SWIFT Code Use

This article provides a detailed list of SWIFT codes for Arab Bank branches in major cities of Palestine, aimed at helping readers quickly acquire essential international remittance information. Additionally, it offers alternatives for the global headquarters to ensure that funds are safely and accurately transferred into accounts, enhancing the convenience of cross-border transactions.

08/25/2025 International Settlement
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Denver Airport Emerges As Key Global Travel Hub

Denver Airport Emerges As Key Global Travel Hub

Denver International Airport (DEN) is a high-altitude transportation hub located in Colorado, USA, at an elevation of 5,431 feet. Its unique geographic position and modern facilities make it an important choice for international flights. Gaining more insight into this airport will enhance the convenience and options for your travel plans.

08/08/2025 Airport Codes
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