The shipping industry is entering the era of big data, where customers can independently choose transportation solutions. This enhances service quality and efficiency, driving market development.
The LSS (Low Sulfur Surcharge) was introduced in 2015 due to international environmental regulations mandating vessels to reduce emissions in specific areas. The increased cost of using low sulfur fuel has led shipping companies to implement this new fee. Different freight forwarders may quote LSS fees differently, so shippers should clarify this when requesting quotes. Additionally, the LSS surcharge is generally considered part of the ocean freight costs, with varying responsibilities for shippers depending on the terms of the contract.
The global shipping industry is undergoing significant mergers and restructuring. Following the merger of China Ocean Shipping and China Shipping, it has become the world's fourth-largest container shipping company. Meanwhile, the CMA CGM Group is also seeking to acquire Neptune Orient Lines in Singapore. The mergers of several shipping companies will reshape the current alliances and impact market competitiveness. Despite the challenging market conditions, shipping companies face pressures from overcapacity and declining demand, necessitating proactive measures to address future challenges.
This article summarizes the special requirements for ocean bills of lading at ports in various Latin American countries, highlighting the differences in bill content and acceptance standards. It covers the varying regulations in countries such as Mexico, Guatemala, and Colombia regarding electronic releases, destination port releases, and tax identification numbers. This understanding aids practitioners in navigating the complexities and compliance challenges of international shipping. Being aware of policy changes and details can help avoid misunderstandings and risks in trade, facilitating smoother customs clearance.
This article provides a detailed interpretation of key filling points for ocean bills of lading, including shipper, consignee, vessel name, loading and unloading ports, marks and numbers, goods description, gross weight and volume, freight payment, place and date of issue, etc. It offers practical guidance with real-world examples to help you avoid common mistakes and ensure the smooth arrival of your goods. This guide aims to assist in accurately completing the bill of lading, a crucial document in international trade.
Flexitanks, a novel soft packaging solution for non-hazardous liquid cargo, are revolutionizing ocean freight. Compared to traditional packaging methods, flexitanks offer significant advantages in cost control and operational convenience. Widely used in food, industrial, and chemical sectors, they help foreign trade enterprises reduce costs and increase efficiency. Their ease of installation and maximized cargo capacity within standard containers make them a cost-effective and sustainable alternative for transporting bulk liquids globally, contributing to streamlined supply chains and enhanced export capabilities.
This article addresses frequently asked questions regarding pre-allocation manifest inquiries for consolidated shipments. It offers detailed explanations and practical tips, covering reasons for query failures, different port-specific inquiry methods, distinguishing between pre-allocation and clean manifests, and analyzing the relationship between pre-allocation and space release. The aim is to help readers efficiently query pre-allocation manifests and smoothly complete the consolidation process. This guide provides essential knowledge for navigating the complexities of pre-allocation manifests in ocean freight.
As a major mode of transportation in international trade, marine shipping often encounters cargo damage issues. This article explores approaches to handling cargo damage, including identifying the carrier's liability period, the claims process after purchasing insurance, the necessity of cargo damage inspections, and strategies for multiple claims. By analyzing specific cases, it emphasizes the importance of distinguishing legal relationships, determining liability, and the right of subrogation, aiming to provide guidance for managing cargo damage during marine transportation.
Jinzhou Port has opened a new coal shipping route from Jinzhou to Dalian to address the declining demand in the coal market. This route aims to enhance the port's throughput capacity by employing an innovative intermodal transportation model that integrates rail, road, and port resources. By providing personalized services and optimizing transportation processes, Jinzhou Port expects to achieve a significant increase in the fourth quarter, with transport volume reaching 1.8 million tons and a growth rate of approximately 50%.
China's automobile exports are facing transportation difficulties with Japanese and Korean shipping companies. The inability to secure suitable roll-on/roll-off ships has placed Chinese companies at a disadvantage in shipping costs, leading to a decrease in competitiveness. Various parties are adopting intermediary methods and CKD/SKD export strategies to cope with the issue, but the problems have not been fundamentally alleviated. It is expected that transportation conditions will gradually improve over the next few years.
