Australia Imposes Sanctions on Russian Oil Tankers

Australia Imposes Sanctions on Russian Oil Tankers

On June 18, Australia announced sanctions on 60 Russian oil tankers, marking a direct action against the 'shadow fleet' aimed at countering Russia's efforts to evade international sanctions through unofficial channels. The sanctions target deceptive practices and aim to maintain pressure regarding the Ukraine conflict. Since 2022, Australia has imposed over 1,400 sanctions on Russia, reflecting Western countries' tightening policies on Russian energy transactions.

06/23/2025 Logistics
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Guide to SWIFTBIC Codes for Russian Banks

Guide to SWIFTBIC Codes for Russian Banks

This article provides a comprehensive guide to obtaining the SWIFT/BIC codes for Russian banks, highlighting the importance of these codes in ensuring the safety and timeliness of international remittances. It also introduces methods for finding the codes and explains their relationship with IBAN, helping senders avoid common mistakes and successfully complete their transfers.

09/09/2025 International Settlement
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Ozon JD Logistics Boost Russian Crossborder Ecommerce

Ozon JD Logistics Boost Russian Crossborder Ecommerce

Ozon has partnered with JD Logistics to launch a pre-positioned warehouse delivery model and has opened a fulfillment center in Dongguan, significantly reducing cross-border logistics time to within 14 days. Ozon also plans to expand the number of pick-up points to improve logistics convenience. These initiatives aim to enhance user experience, expand market share, and bring new development opportunities for cross-border e-commerce sellers.

01/07/2026 Logistics
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Russian Customs Struggles with Rigid Performance Metrics

Russian Customs Struggles with Rigid Performance Metrics

The Russian customs performance evaluation system faces issues such as complex and rigid indicators, and an overemphasis on results rather than processes, leading to inefficient resource allocation and difficulty in meeting public needs. This paper suggests building a scientific performance evaluation system by clarifying assessment goals, simplifying the indicator system, introducing external evaluation, and strengthening process management. The aim is to improve customs efficiency and transparency.

01/05/2026 Customs Knowledge
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Ozons Nasdaq Exit Shakes Russian Ecommerce Market

Ozons Nasdaq Exit Shakes Russian Ecommerce Market

Russian e-commerce platform Ozon announced its delisting from Nasdaq, where its stock trading had been suspended. The company states that the delisting will not affect its business operations, but losing access to US equity financing channels may pose challenges. This event reflects the impact of geopolitical risks on companies listed overseas and is a point to consider for cross-border e-commerce businesses. The delisting highlights the volatility and potential risks associated with international listings in the current global climate.

01/16/2026 Logistics Industry Insights
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Fundamentals of International Freight Forwarding and Sales Guidelines

Fundamentals of International Freight Forwarding and Sales Guidelines

This article explores the foundational sales knowledge and principles in the international freight forwarding industry, including the cost structure of air transport, commonly used terms, and sales techniques. It emphasizes the importance of independent learning, facing challenges bravely, maintaining integrity, and courageously taking responsibility for enhancing sales abilities. These knowledge and skills are crucial for the success of every freight forwarding professional.

07/16/2025 Logistics Encyclopedia
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Comprehensive Analysis of Maritime Import Freight Forwarding Services

Comprehensive Analysis of Maritime Import Freight Forwarding Services

This article explores the functions and advantages of ocean freight import freight forwarding services, highlighting their importance in global trade. With a diverse range of logistics options provided by a professional team, clients can achieve an efficient and safe transportation experience while understanding different shipping solutions and potential costs for various goods. The solutions ensure that shipments arrive at their destinations safely and on time.

07/17/2025 Logistics Encyclopedia
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Core Functions and Services of International Freight Forwarding

Core Functions and Services of International Freight Forwarding

International freight forwarding plays a crucial role in global logistics, mainly representing shippers and consignees while assisting in various stages of cargo transportation. Services include selecting transportation methods, booking cargo, handling bills of lading, customs clearance, payment processing, and real-time notifications. Additionally, forwarders perform multimodal transport functions and offer value-added services such as cargo supervision and special goods transportation.

07/18/2025 Logistics Encyclopedia
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Freight Forwarding Costs Decoded for Global Trade Efficiency

Freight Forwarding Costs Decoded for Global Trade Efficiency

This article provides a thorough analysis of the components of freight forwarding costs in foreign trade, highlighting the differences between fixed and variable costs and how to set reasonable quotes to remain competitive. By offering examples of freight forwarding charges, discussing the impact of designated forwarders, and strategizing to cope with fluctuating shipping rates, it aims to help professionals in foreign trade master the calculation methods for these costs, thereby enhancing their business efficiency.

07/28/2025 Logistics Encyclopedia
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