Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale predicts that global seaborne iron ore demand will reach 1.35 to 1.4 billion tons this year, as future new supply is limited, with prices expected around $50 per ton. Recently, due to declining steel demand in China, spot iron ore prices have fallen below $40, reaching a ten-year low. Despite pressure on global iron ore supply, increasing demand outside of China may offset this. Additionally, the reduction in new supply is one of the key factors.

12/30/2023 Logistics
Read More
Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Norway's Eitzen Group plans to build the world's largest all-electric container ship, receiving approximately $19 million in government support. This vessel will be equipped with over 100 megawatt-hours of batteries and will focus on transportation between Norway, Sweden, and Germany. This initiative marks a new phase in electric shipping, heralding a future for sustainable development. The current largest electric container ship is COSCO's 'Greenwater 01'.

06/18/2025 Logistics
Read More
Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Incoterms® are standard terms used in international trade that define the obligations, costs, and risks associated with the delivery of goods for both sellers and buyers. This article provides an in-depth exploration of the current Incoterms® 2020 version, explaining its applicable terms and significance. Understanding these terms helps businesses conduct transactions efficiently and accurately in the international market.

07/24/2025 Logistics Encyclopedia
Read More
Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

This article analyzes the opportunities and challenges of Chinese chemical products going abroad. It delves into three key aspects that need attention during the export process: the hazardous characteristics of chemical products, the importance of qualification procedures, the auditing standards of different shipowners, and strategies for controlling shipping time. The aim is to provide enterprises with professional logistics services and advice.

07/28/2025 Logistics
Read More
Amazon Q2 Delivery Speeds Rise with Regional Logistics Boost

Amazon Q2 Delivery Speeds Rise with Regional Logistics Boost

Amazon's Q2 Prime delivery speeds hit a record, driven by its regionalized logistics strategy. By dividing the nation into eight regions, leveraging machine learning for demand forecasting, and expanding its 'ultra-fast delivery' sites, Amazon improved delivery speed while controlling costs. This strategic shift reflects the e-commerce industry's growing emphasis on logistics efficiency and foreshadows more intense competition in e-commerce logistics in the future. The regional approach allows for better inventory placement and faster delivery times, crucial for maintaining customer satisfaction and gaining a competitive edge.

11/03/2025 Logistics
Read More
Rosh Pinah Airport Boosts Namibias Logistics Sector

Rosh Pinah Airport Boosts Namibias Logistics Sector

This article delves into the significance and key information of Rosh Pinah Airport (RHN) in Namibia, and details the powerful functions and convenient operation of the West Coast Freight Network's three-letter code query system. By mastering RHN airport information, businesses can seize the first opportunity in the African market. West Coast Freight Network is committed to providing comprehensive, accurate, and convenient global logistics information services, helping companies succeed in the global market.

09/29/2025 Airport Codes
Read More
Guide to HS Codes for Crossborder Ecommerce

Guide to HS Codes for Crossborder Ecommerce

This article provides an in-depth analysis of the HS Code in international logistics, covering its definition, structure, function, and search methods. It emphasizes the crucial role of HS Codes in customs tariff calculation, trade statistics, and regulatory compliance. This serves as a practical guide for cross-border e-commerce sellers, helping them operate compliantly in the global market, reduce operating costs, and enhance competitiveness. Understanding HS codes is critical for successful global trade operations.

11/03/2025 HS Code Query
Read More
Guide to Air Freight Logistics at Brahman Airport BRH

Guide to Air Freight Logistics at Brahman Airport BRH

This article provides an in-depth analysis of the Brahman Airport (BRH) code and introduces how to leverage a powerful airport information query system to quickly grasp global airport information. It covers air freight clearance requirements, cargo label marking specifications, and the preparation of accompanying documents. This aims to facilitate the safe and efficient arrival of air cargo at its destination and improve business efficiency by providing key information about airport codes, clearance processes, and global airport locations.

09/29/2025 Airport Codes
Read More