Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

Terminal Handling Charge (THC) is a significant cost in maritime shipping, usually borne by the exporter. THC fees are categorized based on container type, with separate charges for small and large containers, while LCL is charged by gross weight or volume. Additionally, Document (DOC) fees vary by shipping line and are charged per bill. It is important to pay attention to the various aspects covered by THC fees.

Freight Forwarders Urged to Avoid Costly Shipping Errors

Freight Forwarders Urged to Avoid Costly Shipping Errors

Based on freight forwarding experience, this paper explores critical issues such as manifest information accuracy, variations in different shipping company rules, and strategies for mitigating cargo release risks. It emphasizes the importance of manifest information consistency and reminds freight forwarders to pay attention to the specific requirements of different shipping companies to avoid delays and additional charges. Understanding these nuances is crucial for smooth and efficient cargo handling.

ONE Releases Guide for Shanghai Port Container Pickup

ONE Releases Guide for Shanghai Port Container Pickup

This paper explores the issue of container pickup for ONE Ocean at Shanghai Port, specifically Waigaoqiao. It points out that the designated pickup location is typically determined by the shipping company. However, the possibility of picking up containers at Waigaoqiao Port may exist through transshipment or communication with the shipping line. Shippers should carefully weigh the advantages and disadvantages based on their specific needs and choose the most suitable logistics solution.

Global Shipping Costs How to Calculate Billable Weight

Global Shipping Costs How to Calculate Billable Weight

International express billable weight isn't solely based on actual weight; it's determined by the greater of actual weight and volumetric weight. This article details the calculation methods for both weights, the final determination rules, and provides key precautions to avoid freight traps. It helps you to calculate accurately and reduce international logistics costs effectively. Understanding these factors is crucial for optimizing your shipping strategy and minimizing unexpected expenses in international shipping.

Factors Affecting Container Shipping Prices

Factors Affecting Container Shipping Prices

The determination of container shipping prices is influenced by several factors, including the nature, quantity, and loading rate of the cargo. Additionally, seasonal variations, fluctuations in fuel prices, and the pricing strategies of different shipping companies are also significant factors. Understanding these market-derived variables can help consumers better comprehend and control container shipping costs.