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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US Dockworkers Maritime Alliance Agree on Sixyear Labor Deal

US Dockworkers Maritime Alliance Agree on Sixyear Labor Deal

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative six-year agreement, aiming to ensure labor stability at East Coast and Gulf Coast ports. A key focus is balancing automation advancement with workers' rights, averting potential strike disruptions. The agreement's ratification and implementation will significantly impact the supply chain. Continued collaboration between the ILA and USMX is crucial for achieving mutual benefits and fostering a stable and efficient port environment. This agreement is a significant step towards ensuring supply chain resilience.

11/03/2025 Logistics
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Coscos New Route Boosts Chinalatin America Trade

Coscos New Route Boosts Chinalatin America Trade

COSCO SHIPPING Lines launched the WSA5 route, connecting Asia and the west coast of South America. With the Port of Chancay in Peru as its hub, it covers key ports in multiple countries. This route shortens transit times, expands coverage, and optimizes services, promoting the growth of China-Latin America trade, optimizing commodity structure, and improving supply chain efficiency. It represents a crucial step in the construction of the New Asia-Latin America Land-Sea Trade Corridor, contributing to building a strong trading nation and a strong shipping nation.

11/03/2025 Logistics
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Smart Supply Chains Face Logistics Tech Compatibility Security Challenges

Smart Supply Chains Face Logistics Tech Compatibility Security Challenges

This paper delves into the critical software considerations in logistics equipment selection, including compatibility with existing systems, scalability, security support lifecycle, and equipment management capabilities. It emphasizes the importance of choosing the right software solutions for building an efficient, intelligent, and secure logistics system. Practical advice and guidance are provided to aid in the selection process, highlighting the impact of software choices on overall logistics performance and operational effectiveness.

11/03/2025 Logistics Encyclopedia
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Global Trade Guide Standard Shipping Containers Explained

Global Trade Guide Standard Shipping Containers Explained

This article provides a comprehensive analysis of the restrictions and selection techniques for standard containers in cross-border logistics. It covers definitions, specifications, advantages, limitations, selection methods, risk prevention, and future trends. The guide aims to help you avoid pitfalls and save money while navigating cross-border logistics. It offers practical advice on choosing the right container type and understanding the associated customs clearance procedures, ultimately empowering you to optimize your international shipping strategies.

11/03/2025 Logistics Encyclopedia
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Maersk Line Offers Guide to Reefer Container Booking

Maersk Line Offers Guide to Reefer Container Booking

This manual provides a detailed guide on booking reefer containers through the Maersk Line platform. It covers various steps and considerations, including booking method selection, key information input, schedule selection, contract party confirmation, booking information review and submission, and post-booking confirmation procedures. The aim is to help users easily complete the booking process and ensure the safe arrival of refrigerated cargo at its destination. It provides comprehensive instructions to navigate the booking system and avoid potential issues.

09/28/2025 Logistics
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Ecommerce Firms Urged to Select Proper Bills of Lading

Ecommerce Firms Urged to Select Proper Bills of Lading

Cross-border e-commerce sellers should be aware of the risks associated with choosing between ocean bills of lading and forwarder bills of lading. Ocean bills of lading, issued by shipping companies, offer a simpler cargo retrieval process and stronger proof of ownership, suitable for full container load (FCL) shipments. Forwarder bills of lading, issued by freight forwarders, are appropriate for less than container load (LCL) shipments and specific trade terms but carry the risk of destination port agent issues. Selecting the wrong bill of lading can lead to cargo detention and financial loss. Consulting with professional logistics advisors is recommended.

11/03/2025 Document Interpretation
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Beijing Airport Customs Clearance Guide for Export Returns

Beijing Airport Customs Clearance Guide for Export Returns

This article focuses on the issue of export returns, using Beijing Airport as an example. It elaborates on the operational procedures and precautions of export returns from ten aspects: analysis of return reasons, timeliness management, identification of trade methods, export tax rebate processing, subsequent cargo handling, document preparation, foreign exchange management regulations, special cargo declaration, terminal and warehousing selection, and customs broker selection. The aim is to help foreign trade companies efficiently and compliantly handle return matters and minimize losses.

02/21/2025 Customs Knowledge
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Maersk Optimizes Shipping Routes in Slovenia for Efficiency

Maersk Optimizes Shipping Routes in Slovenia for Efficiency

This paper, from a data analyst's perspective, provides an in-depth analysis of Maersk's shipping routes in Slovenia, offering professional guidance on route planning and efficiency improvement. By analyzing key routes, critical selection factors, and incorporating data-driven optimization strategies and supply chain efficiency enhancement recommendations, it helps businesses select the optimal routes, reduce costs, and enhance competitiveness. The analysis focuses on leveraging data insights to improve route selection and streamline operations within the Slovenian shipping landscape, specifically concerning Maersk's network.

09/28/2025 Logistics
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Crossborder Ecommerce Grapples With Bill of Lading Risks

Crossborder Ecommerce Grapples With Bill of Lading Risks

Cross-border e-commerce sellers face significant risks associated with delivery without original bills of lading. This paper provides a comprehensive prevention strategy from six aspects: contract signing, payment method selection, carrier selection, cargo tracking management, proper document storage, and risk awareness enhancement. It aims to help sellers build a robust risk prevention system and ensure the security of cross-border trade funds. By implementing these strategies, sellers can mitigate potential losses and protect their financial interests in international transactions.

11/03/2025 Logistics Encyclopedia
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