Shipping Delays Holiday Customs Closures Disrupt Global Trade

Shipping Delays Holiday Customs Closures Disrupt Global Trade

This article discusses cargo delays caused by a ship collision and the subsequent transshipment arrangements. It also explains the impact of the 2017 Qingming Festival holiday schedule of Shanghai Customs on import and export businesses. Furthermore, it mentions the new industry regulation requiring freight forwarders to provide NVOCC numbers by KMTC. The collision significantly disrupted shipping schedules, while the holiday affected customs clearance efficiency. The NVOCC requirement adds a layer of compliance for freight forwarders operating in the region.

08/23/2025 物流资讯
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Exporters Urged to Strengthen FOB Trade Risk Management

Exporters Urged to Strengthen FOB Trade Risk Management

This paper focuses on FOB trade terms, outlining its key points and potential risks, with particular attention to the operational procedures of the designated freight forwarder. It emphasizes the need for shippers to fully understand their responsibilities and risks under FOB terms. Choosing a professional freight forwarder and ensuring compliant operations are crucial for gaining an advantage in international trade. By understanding and mitigating these risks, businesses can leverage FOB terms effectively.

08/21/2025 物流知识百科
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Guide to Lighter Export Compliance for Maritime Trade

Guide to Lighter Export Compliance for Maritime Trade

This article, from a data analyst's perspective, provides a detailed interpretation of the sea freight export process for Class 2.1 dangerous goods lighters. It focuses on analyzing booking difficulties, dangerous goods declaration requirements, and customs clearance precautions. The article also offers risk control and compliance suggestions aimed at helping exporters avoid risks and achieve efficient customs clearance. The analysis covers key steps to ensure compliance with international regulations for safe and legal lighter exportation.

10/21/2024 物流知识百科
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Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

08/21/2025 单证解读
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China Tightens Wildlife Trade Rules to Boost Conservation

China Tightens Wildlife Trade Rules to Boost Conservation

The Endangered Species Import and Export Management Office of the People's Republic of China, in conjunction with the General Administration of Customs, has issued an announcement updating the 'Import and Export Commodity Catalogue of Wild Fauna and Flora Species'. This aims to strengthen the supervision of wild fauna and flora import and export, ensuring international trade complies with relevant conventions. Enterprises and individuals are required to carefully review the latest catalogue, abide by laws and regulations, and jointly maintain biodiversity.

08/21/2025 关务常识
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China Streamlines Temporary Trade Clearance with Security Deposits

China Streamlines Temporary Trade Clearance with Security Deposits

This document outlines the key points for preparing a confirmation application for bonded goods under temporary import/export regulations. It covers clarifying the purpose of the application, accurately completing the application form, and preparing the necessary supporting documents. A downloadable application form template is provided, along with recommendations for related customs clearance and inspection services. This aims to simplify the application process for businesses involved in temporary import/export activities requiring surety bonds.

08/21/2025 关务常识
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Free Trade Zones Ease Barriers Boost Market Access

Free Trade Zones Ease Barriers Boost Market Access

This paper, through case study analysis, details how to leverage the entrepôt trade function of free trade zone bonded warehouses to help companies circumvent geopolitical risks and realize cross-border trade using a triangular trade model. It provides an in-depth analysis of the documents and procedures required for entrepôt trade and emphasizes the advantages of free trade zone bonded warehouses in improving customs clearance speed and reducing trade costs. This offers practical guidance for companies to expand into international markets.

08/21/2025 关务常识
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Guide to FOB Trade Managing Freight and Risk

Guide to FOB Trade Managing Freight and Risk

This article provides an in-depth analysis of the operational procedures for nominated cargo under FOB trade terms, emphasizing the importance of information communication and instruction execution. It details potential risks such as release of goods without original Bill of Lading and cost settlement issues, along with corresponding mitigation strategies. The article also compares and contrasts the differences and applications of HBL, MBL, and OBL, offering comprehensive operational guidance and risk prevention advice for export companies. This aims to help exporters navigate the complexities of FOB shipments and minimize potential losses.

08/21/2025 物流知识百科
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Commercial Invoices Vital for Global Trade Experts Say

Commercial Invoices Vital for Global Trade Experts Say

A commercial invoice is an essential document in international trade that includes key information such as the country of origin, supplier and consignee details, and product descriptions to ensure compliance with customs requirements. Accurately completing a commercial invoice helps improve customs clearance efficiency and facilitates smooth international transactions.

08/07/2025 单证解读
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