Key Shipping Terms Like Laycan Help Mitigate Industry Risks

Key Shipping Terms Like Laycan Help Mitigate Industry Risks

LAY/CAN is a crucial clause in a charter party, defining the period within which a vessel must arrive at the loading port. Understanding its meaning and function helps charterers protect their rights and shipowners fulfill their obligations, thereby regulating the shipping market and mitigating potential risks. This article provides an in-depth analysis of LAY/CAN and compares it with Shipment Date and Late Come, aiming to enhance your knowledge of shipping practices. It is essential for navigating the complexities of charter agreements and minimizing disputes related to vessel arrival and cargo loading timelines.

09/26/2025 Logistics Encyclopedia
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The Importance of the Logistics Industry in National Economy and Current Development Analysis

The Importance of the Logistics Industry in National Economy and Current Development Analysis

The logistics industry plays a vital role in the national economy. Despite the economic environment affecting social logistics demand, its contribution continues to strengthen. Recent forecasts suggest that the added value of the logistics industry will exceed 9% of GDP. In recent years, investment in logistics infrastructure has risen, expected to surpass 70 billion yuan for the year, showcasing a positive development trend and reflecting the importance of the logistics industry in promoting economic growth.

07/21/2025 Logistics Industry Insights
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Senegals Kolda Airport Boosts Regional Economy As Emerging Air Hub

Senegals Kolda Airport Boosts Regional Economy As Emerging Air Hub

Kolda Airport (KDA), located in the Kolda Region of Senegal, is a non-customs airport but serves as a city code airport, playing a crucial role in regional air freight logistics and contributing to local economic development. It has the potential to be upgraded into a significant air freight hub in West Africa in the future. Its strategic location and existing infrastructure make it a valuable asset for connecting the region and facilitating trade.

09/28/2025 Airport Codes
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Harbin Taiping Airport Emerges As Key Northeast Asia Hub

Harbin Taiping Airport Emerges As Key Northeast Asia Hub

Harbin Taiping International Airport, a vital aviation hub in Northeast Asia, continuously improves its infrastructure, optimizes its route network, and enhances service quality. Through large-scale expansion, the airport's comprehensive support capabilities have significantly improved. Its route network radiates to important cities at home and abroad, with a clear advantage in Russian-related business. In the future, the airport will continue to develop and make greater contributions to regional economic and social development.

09/26/2025 Airport Codes
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Shanghai Pudong Airport Emerges As Global Aviation Hub

Shanghai Pudong Airport Emerges As Global Aviation Hub

Shanghai Pudong International Airport is a crucial international aviation hub in China, covering 40 square kilometers. It boasts advanced infrastructure, including three runways, 218 aircraft stands, and an 830,000-square-meter terminal. As a 4F-level airport, it can accommodate various large aircraft, including the Airbus A380. Its international hub status facilitates international trade, tourism, and cultural exchange. The airport will continue to develop to improve service quality and operational efficiency in the future.

09/26/2025 Airport Codes
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Anqing Tianzhushan Airport Enhances Cargo Operations with IATA Code AQG

Anqing Tianzhushan Airport Enhances Cargo Operations with IATA Code AQG

Anqing Tianzhushan Airport (IATA code: AQG) offers efficient, convenient, and secure cargo services thanks to its advantageous location, comprehensive infrastructure, and expanding route network. The airport is continuously upgrading and improving its operational capabilities to help businesses seize opportunities and achieve rapid growth in their cargo operations. Its strategic focus on enhancing facilities and services positions it as a key player in the regional air cargo market, supporting economic development and facilitating trade.

09/26/2025 Airport Codes
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Logistics Firms Compete for Yangtze River Economic Belt Growth

Logistics Firms Compete for Yangtze River Economic Belt Growth

The National Development and Reform Commission released the "Innovation-Driven Industrial Transformation and Upgrading Plan for the Yangtze River Economic Belt," signaling trillion-level investment opportunities. Logistics companies should seize this opportunity to participate in infrastructure construction, develop river-sea intermodal transport, promote smart logistics, and provide professional services around key industries. This will enable them to achieve transformation and upgrading, and share the development dividends of the Yangtze River Economic Belt.

09/26/2025 Logistics
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Kuantan Airport Boosts Cargo Operations in Malaysias Pahang

Kuantan Airport Boosts Cargo Operations in Malaysias Pahang

Kuantan Airport is a vital aviation hub in Pahang, Malaysia, offering efficient, safe, and convenient passenger and cargo services. Strategically located, the airport boasts comprehensive infrastructure and a professional management team. Several airlines operate here, providing extensive route coverage. Choose Kuantan Airport to boost your cargo business. Its strategic location and well-maintained facilities make it an ideal choice for air freight operations within Malaysia and beyond, ensuring timely and reliable delivery of goods.

09/26/2025 Airport Codes
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Datadriven Strategies Boost Ocean Freight Transshipment Reliability

Datadriven Strategies Boost Ocean Freight Transshipment Reliability

This paper analyzes the key factors affecting the reliability of ocean transshipment from a data analyst's perspective. It proposes five strategies to help companies build a stable and efficient supply chain. These strategies include: strategic transshipment hub selection, advanced infrastructure, strong partnerships, risk assessment and mitigation, and continuous improvement. By implementing these strategies, companies can enhance their supply chain resilience and optimize their ocean transshipment operations, leading to improved efficiency and reduced disruptions.

09/26/2025 Logistics Industry Insights
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The Future of Railway Freight Cost Reduction and Efficiency Enhancement to Reshape Modern Logistics

The Future of Railway Freight Cost Reduction and Efficiency Enhancement to Reshape Modern Logistics

With the increasing demand to reduce logistics costs, the development of rail freight in China has become more prominent. Improvements in rail transport infrastructure and the expansion of high-speed rail provide opportunities to enhance rail freight capacity. Additionally, the collaboration demands from modern express delivery companies highlight the importance of railways in improving logistics efficiency. However, rail freight still needs to enhance its timeliness and cost-effectiveness, facing more opportunities and challenges in the future.

07/22/2025 Logistics Industry Insights
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