Understanding Fixed Expenses in Shipping A Comprehensive Analysis of Its Composition and Importance

Understanding Fixed Expenses in Shipping A Comprehensive Analysis of Its Composition and Importance

This article provides a detailed analysis of the components of fixed costs for vessels, including crew wages, employee benefits, lubricants, materials, depreciation, repair costs, insurance, taxes, and expenses incurred during non-operational periods. It also explores the specifics of shared costs and other fixed expenses, emphasizing the importance of effective management and allocation of these costs in enhancing the economic efficiency of the shipping industry.

07/22/2025 Logistics Encyclopedia
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Revolutionizing Shipping The Rise of Container Giants and Emerging Business Models

Revolutionizing Shipping The Rise of Container Giants and Emerging Business Models

The global container shipping industry is undergoing profound changes, evolving from small vessels to 22,000 TEU megaships, with a noticeable trend of concentration among major players. Giants like Maersk and CMA CGM are beginning to explore integrated logistics services, while traditional state-owned models and emerging business models like cruise investments are on the rise, indicating new opportunities and challenges for the maritime industry in the future.

07/23/2025 Logistics
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Pohnpei Port An Important Maritime Hub and Urban Development in Micronesia

Pohnpei Port An Important Maritime Hub and Urban Development in Micronesia

Pohnpei Port is a vital maritime hub for the Federated States of Micronesia, located on the northern side of Pohnpei Island. The port features excellent natural protection and can accommodate vessels up to 160 meters in length, primarily focused on general cargo transportation. The construction and development of Pohnpei Port have a profound impact on promoting regional trade and local economies, with limitless potential for the future.

07/24/2025 Port Encyclopedia
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Sembawang Port An Important Hub for Maritime Trade in Singapore

Sembawang Port An Important Hub for Maritime Trade in Singapore

Sembawang Port is an important barge port located in the northwest of Singapore, serving maritime routes to Malaysia, Vietnam, Thailand, and others. It frequently accommodates various vessels, including pleasure boats and tankers. With a maximum vessel length of 348 meters and a maximum draft depth of 11.1 meters, it demonstrates efficient maritime logistics capabilities and serves as a key hub connecting Singapore to international markets.

07/24/2025 Port Encyclopedia
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Shipping Overload: Shippers Turn to Air Freight

Shipping Overload: Shippers Turn to Air Freight

Due to the overload in ocean freight, an increasing number of shippers are opting for air freight to manage the peak demand as autumn approaches. The backlog of cargo on ocean vessels and the shortage of containers have made air freight a faster transportation option. Shippers are now scheduling air freight in advance to ensure timely delivery of goods and smooth maintenance of the supply chain.

07/18/2025 Logistics
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Seattle Port Overview and Functions

Seattle Port Overview and Functions

The Port of Seattle, located in Washington State, is a vital gateway from North America to the Far East. It consists of an outer and inner port, with the outer port accommodating ocean-going vessels, while the inner port features various loading and unloading facilities. This includes several container terminals along with specialized cargo and refrigerated docks, with an annual throughput of 20 million tons.

07/18/2025 Port Encyclopedia
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Oil Tanker Collision Near Strait Of Hormuz Unrelated To Israeliran Conflict

Oil Tanker Collision Near Strait Of Hormuz Unrelated To Israeliran Conflict

A tanker collision occurred near the coast of Fujairah in the Gulf of Oman early this morning, involving the vessels 'Front Eagle' and 'Adalynn', which resulted in a fire. Preliminary assessments suggest the incident is not related to the Iran-Israel conflict, but may be linked to 'electronic interference' reported by UKMTO. Stakeholders are monitoring the situation closely and calling for enhanced shipping safety measures.

06/19/2025 Logistics
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CMA CGM Successfully Completes First LNG Fueling for Eco-friendly Shipping

CMA CGM Successfully Completes First LNG Fueling for Eco-friendly Shipping

CMA CGM successfully completed the first fuel bunkering for its first LNG-powered vessel, Containerships Nord, at the Port of Rotterdam. This marks an important step for the group in the field of green shipping. By using liquefied natural gas as fuel, it is expected to significantly reduce greenhouse gas emissions and promote eco-friendly transport. In the future, the group will receive more LNG-powered vessels.

07/22/2025 Logistics
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Carriers Key Roles in Global Shipping Risk Management

Carriers Key Roles in Global Shipping Risk Management

This article provides a detailed analysis of the core responsibilities and obligations of carriers in international shipping, particularly in multimodal transport. It covers aspects such as providing seaworthy vessels, proper cargo handling, and adhering to shipping routes. The article also discusses the definition of responsibilities in cargo receipt and delivery, situations of exemption, and the special liabilities and compensation limits that apply in intermodal transport scenarios.

08/04/2025 Logistics Encyclopedia
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Tunisias La Goulette Port Boosts North African Trade

Tunisias La Goulette Port Boosts North African Trade

La Goulette Port, located in northeastern Tunisia, is a vital port connecting the capital city to the Mediterranean Sea. Capable of handling various types of vessels, the port boasts a significant annual throughput, making it an ideal choice for North African trade. It provides traders with efficient, convenient, and secure services, ensuring smooth and reliable operations for import and export activities in the region.

09/29/2025 Port Encyclopedia
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