Incheon Port Aims to Bolster Global Logistics Hub Status

Incheon Port Aims to Bolster Global Logistics Hub Status

The Incheon Port Authority is committed to developing Incheon Port into an international logistics center. Through projects such as the Incheon New Port and the new international passenger terminal, it aims to promote economic development and enhance regional logistics efficiency, achieving a perfect blend of marine tourism and logistics.

BIMCO Committees Shape Global Shipping Industry Policies

BIMCO Committees Shape Global Shipping Industry Policies

BIMCO's main committees include the Documentary Committee, the Marine Environment Committee, and the Maritime Safety and Security Committee, each responsible for promoting efficiency and best practices in the maritime industry. This article analyzes the roles and backgrounds of the committees, highlighting their significance and diversity within international shipping.

Guide to Understanding Import Goods Release Notices

Guide to Understanding Import Goods Release Notices

This article explains the crucial role of the “Import Cargo Release Notice,” emphasizing the importance of verifying the information on the notice. It also reminds readers of the necessary documents to prepare for cargo pickup. This guide aims to help you smoothly complete the import cargo release process and avoid unnecessary delays. By understanding the requirements and preparing accordingly, importers can streamline the process and ensure timely access to their goods.

Global Air Freight Faces Challenges Opportunities in 2025

Global Air Freight Faces Challenges Opportunities in 2025

In June 2025, the global air freight market experienced a growth of 0.8%, with international cargo demand rising by 1.6%, particularly notable in the Asia-Pacific region. Available cargo space expanded by 1.7% year-on-year, although the cargo load factor declined. Jet fuel prices decreased by 12% compared to the previous year, while freight rates saw limited increases. Overall, the market continues to face both challenges and opportunities.

Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Free Detention is a period in international shipping during which the cargo owner can use the container without charge, typically lasting for 7 days. Exceeding this period incurs detention fees. Understanding Free Detention and the methods for applying for extensions is crucial for cargo owners to effectively manage transportation costs. The collection of detention fees aims to enhance the utilization of containers and prevent cargo owners from monopolizing them.

Understanding The Significance Of Passenger Flight Transportation In Air Freight

Understanding The Significance Of Passenger Flight Transportation In Air Freight

Scheduled transport is a key method in air freight, referring to the transportation of goods executed by fixed flights. Cargo is transported in the belly holds of passenger aircraft. Despite limitations such as high freight rates and limited cargo space, the fixed flight schedule and transparent pricing offer better predictability and options for businesses. During peak seasons, there may be challenges with tight cargo space, affecting the timely dispatch of goods.

Indonesias Lhokseumawe Airport Launches As Aceh Cargo Hub with LSX Code

Indonesias Lhokseumawe Airport Launches As Aceh Cargo Hub with LSX Code

Lhokseumawe's Malikussaleh Airport officially adopts the three-letter code LSX, signifying its increased importance in the regional air cargo network. Located in the Aceh Special Region of Indonesia, the airport, although currently a non-customs airport, can effectively improve cargo efficiency by linking with nearby customs airports. The West Coast Airport three-letter code query system provides global airport information, assisting cargo operations and facilitating smoother logistics within the region.

Drone Shipping Export: A Complete Guide to the Processes

Drone Shipping Export: A Complete Guide to the Processes

This article provides a detailed analysis of the process and considerations for drone marine exports, covering topics from battery classification to customs clearance procedures. It offers comprehensive guidance, including required documentation and packaging requirements. Ensuring a smooth export process that complies with regulations will enhance business efficiency when handling drone exports.

Banks Boost Loss Management to Maximize Asset Value

Banks Boost Loss Management to Maximize Asset Value

This article explores how to effectively manage damaged goods in warehousing by establishing standardized processes and strategic disposal to maximize asset value. It aims to transform the traditional perception of damage from a consumption perspective to a value-creating approach.

07/31/2025 Warehousing
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