Prospect Analysis of the Merger Between COSCO and China Shipping

Prospect Analysis of the Merger Between COSCO and China Shipping

China Ocean Shipping and China Shipping are expected to complete their merger by January next year, creating the world's fourth-largest container shipping company. The reform plan has been approved by the State Council, involving over 20 billion USD in funding. Key issues include effective integration and ensuring employee stability. The merger will significantly enhance the market competitiveness of both companies and may alter the dynamics of the international shipping market.

07/21/2025 Logistics
Read More
In-depth Analysis of Security Surcharges in International Transportation

In-depth Analysis of Security Surcharges in International Transportation

This article delves into the security surcharges in international shipping, focusing on the costs associated with the three main transportation modes: sea, air, and express. Maritime security surcharges such as AMS, ISF, and ISPS port security fees help meet international safety standards. In air transport, it is crucial to pay attention to both security and fuel surcharges, while express services introduce additional fees due to security incidents to ensure the safety of goods.

07/21/2025 Logistics Encyclopedia
Read More
ARAB Bank Enhances Fund Security With SWIFT BIC Code

ARAB Bank Enhances Fund Security With SWIFT BIC Code

This article explores the importance of the ARAB Bank's SWIFT/BIC code ARABJOAX102, highlighting the necessity of accurately using this code during international remittances to ensure the security of funds. It provides essential information to consider when making transfers and reminds readers to regularly verify their bank details.

09/04/2025 International Settlement
Read More