Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines faces a shutdown crisis, with Khazanah Nasional possibly halting further investments. If negotiations with creditors for restructuring fail, the airline may face bankruptcy by year-end due to the impact of the pandemic. The government is likely to stop funding and redirect resources to budget carrier Firefly. The future looks bleak, and the industry is closely watching whether Malaysia Airlines can turn the situation around.

07/28/2025 Airlines
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Breakthrough Achievements Guangdong CSSC Zhongyuan Heavy Industry Successfully Completes Its First Scrubber Project Retrofit

Breakthrough Achievements Guangdong CSSC Zhongyuan Heavy Industry Successfully Completes Its First Scrubber Project Retrofit

Guangdong Zhongyuan Shipping Heavy Industry successfully completed its first desulfurization tower modification project, enhancing the environmental performance of the 'Xinhui' vessel. The modification was smoothly executed amid challenges, strengthening the company's competitiveness in the ship repair and modification market and effectively meeting international emission standards. The company will continue to promote green shipping and sustainable development in the future.

07/23/2025 Logistics
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Understanding The Generation And Process Of Export Cargo Data

Understanding The Generation And Process Of Export Cargo Data

In export operations, the generation of cargo handling data involves multiple departments and data sources, including port arrival data, foreign vessel data, and central cargo handling data, ultimately forming manifest data. The smoothness of this process directly impacts the overall efficiency and accuracy of exports. Understanding this workflow helps enhance the professionalism of foreign trade operations.

07/18/2025 Logistics Encyclopedia
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New Zealand Expands Key Fishing Port and Logistics Hub

New Zealand Expands Key Fishing Port and Logistics Hub

Port Nelson Ltd is the primary fishing port and logistics hub in the Nelson Marlborough region of New Zealand, with a cargo throughput of 3.1 million tons and a container throughput of 108,106 TEU in the 2016-2017 fiscal year, including 805 vessel visits. The port is continuously enhancing its infrastructure and services while actively promoting sustainable development.

08/05/2025 Port Encyclopedia
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Freight Consolidation Challenges Addressed by Industry Experts

Freight Consolidation Challenges Addressed by Industry Experts

This article addresses frequently asked questions from users on the Freight Consolidation Encyclopedia forum. It provides detailed answers and suggestions on topics such as year-end summaries, port information access, large vessel calls, telex release procedures, and ship schedule inquiries. The aim is to offer valuable insights and guidance for professionals in the freight consolidation industry.

08/22/2025 Logistics Encyclopedia
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Freight Forwarding Platform Upgrades Services After User Feedback

Freight Forwarding Platform Upgrades Services After User Feedback

Jiyun Baodian's Spring Festival update optimizes freight forwarding knowledge exchange. It fixes the vessel schedule query, adds a Logo link, and answers user questions. Furthermore, the development of Jiyun Interconnect aims to foster collaboration and create a shared future. This redesign incorporates user feedback and focuses on providing a more seamless and informative experience for freight forwarders.

08/22/2025 Logistics Encyclopedia
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Explaining the three Self Model in FOB Shipping

Explaining the three Self Model in FOB Shipping

This paper delves into the "Self-Operation" model of freight forwarders, elaborating on its concept, operational process, advantages, and disadvantages, while comparing it with the "Non-Self-Operation" model. Focusing on common scenarios under FOB terms, it analyzes the factors to consider and risk mitigation methods when choosing the "Self-Operation" model. The aim is to assist cargo owners/shippers in making more informed decisions, achieving cost control, and improving efficiency in international trade logistics. It provides practical insights into navigating the complexities of freight forwarding under FOB Incoterms.

09/26/2025 Logistics Encyclopedia
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Understanding Backdated Bills of Lading and Risk Management Strategies

Understanding Backdated Bills of Lading and Risk Management Strategies

A backdated bill of lading refers to a document issued by the carrier, stating a date earlier than the actual shipment date, upon the shipper's request after the goods are loaded. This practice is often used to meet letter of credit requirements but carries risks, such as banks rejecting documents due to excessive backdating. Understanding the risk management associated with backdated bills of lading is essential for successfully completing transactions.

07/28/2025 Logistics Encyclopedia
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Guide to Ocean Freight Booking Platforms and Risk Management

Guide to Ocean Freight Booking Platforms and Risk Management

This article delves into various channels for sea freight booking, including direct carrier logistics, booking agents, and freight forwarders, detailing their respective characteristics, advantages, and disadvantages. It also introduces major domestic booking platforms and provides suggestions for shippers on choosing the optimal booking method. The aim is to help foreign trade enterprises complete bookings efficiently and safely by understanding the different options and platforms available for sea freight.

08/22/2025 Logistics Encyclopedia
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