Datadriven Strategies Boost Steel Coil Maritime Security

Datadriven Strategies Boost Steel Coil Maritime Security

Maersk has released a best practice guide for steel coil transport, aiming to provide customers with a detailed operational manual to ensure cargo safety. The guide covers steel coil definitions, risk identification, container selection, securing methods, point load calculations, and necessary documentation. It emphasizes compliance with the CTU Code and industry standards to jointly ensure shipping safety. This guide serves as a valuable resource for shippers involved in steel coil transport, promoting safer and more efficient handling throughout the supply chain.

09/28/2025 Logistics Encyclopedia
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Shipping Lines Face Rising Demurrage Fees Causes and Solutions

Shipping Lines Face Rising Demurrage Fees Causes and Solutions

This article provides a detailed overview of the reasons behind reshipment fees charged by shipping companies, identifies potential shipping companies that may levy these fees, outlines payment locations, and suggests effective strategies to avoid incurring them. The aim is to assist foreign trade enterprises in understanding and effectively addressing reshipment fee issues, thereby reducing export costs. It covers the origin, responsible parties, payment process, and preventative measures related to this fee within the context of foreign trade.

08/22/2025 Logistics Encyclopedia
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Fidelity Bank Nigeria Simplifies International Transfers With SWIFT Code Guide

Fidelity Bank Nigeria Simplifies International Transfers With SWIFT Code Guide

This article provides a detailed analysis of Fidelity Bank Nigeria's SWIFT code, emphasizing the importance of using the correct code and offering practical advice for optimizing cross-border payment processes. The primary SWIFT code is FIDTNGLAXXX, but it is recommended to confirm with the recipient or contact the bank for accurate information to avoid payment delays, failures, or additional fees. Ensuring the correct SWIFT code is crucial for smooth and efficient international money transfers to and from Nigeria.

09/01/2025 International Settlement
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Streamline Global Trade Launches Forex and Export Tax Refund Platform

Streamline Global Trade Launches Forex and Export Tax Refund Platform

This paper introduces the concepts of forward and reverse exchange in foreign exchange receipt and payment, emphasizing the importance of providing one-stop foreign exchange receipt and payment and export tax rebate services for foreign trade enterprises. This service aims to help companies simplify processes, save time and effort, and focus on core business development through a professional team, efficient processes, and compliance guarantees. It streamlines operations and allows businesses to concentrate on growth, ensuring a seamless and compliant experience in international trade.

08/21/2025 International Settlement
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Importer Security Filing Key to Global Trade Compliance

Importer Security Filing Key to Global Trade Compliance

The Importer Security Filing (ISF) is a crucial requirement by U.S. Customs for importers, which must be submitted 24 hours before cargo is loaded. The ISF includes key information from both the importer and carrier, ensuring smooth customs clearance and avoiding hefty fines. Accurate and timely ISF submissions are vital for importers.

08/05/2025 Customs Knowledge
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US Enhances Cargo Security with Automated Manifest System

US Enhances Cargo Security with Automated Manifest System

The Automated Manifest System (AMS) is a crucial electronic declaration tool used by U.S. Customs to ensure the secure transportation of international cargo. Through AMS, customs can efficiently manage information related to air and ocean shipments, enhancing both transport efficiency and security. Participants in the transaction should be aware of the distribution of AMS fees.

08/05/2025 Logistics Encyclopedia
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China Streamlines Temporary Trade Clearance with Security Deposits

China Streamlines Temporary Trade Clearance with Security Deposits

This document outlines the key points for preparing a confirmation application for bonded goods under temporary import/export regulations. It covers clarifying the purpose of the application, accurately completing the application form, and preparing the necessary supporting documents. A downloadable application form template is provided, along with recommendations for related customs clearance and inspection services. This aims to simplify the application process for businesses involved in temporary import/export activities requiring surety bonds.

08/21/2025 Customs Knowledge
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Guide to Container Security Seals and Compliance Standards

Guide to Container Security Seals and Compliance Standards

This article delves into common issues related to container seals, including damaged seals, use of non-dedicated seals, arrival of unsealed containers, the differences between dedicated and ordinary seals, and seals applied incorrectly. It provides corresponding solutions aimed at helping cargo owners mitigate risks and ensure the safe and efficient transportation of goods. The analysis covers practical aspects of container sealing to prevent potential problems during ocean freight.

08/21/2025 Logistics Encyclopedia
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