Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

The merger between global shipping giants China COSCO Shipping Group and China Shipping is gaining approval and may reshape the shipping market landscape. Meanwhile, France's CMA CGM is planning to acquire Neptune Orient Lines, seeking regulatory approval. As the dynamics among the four major shipping alliances change, market competition is expected to intensify, especially on Asia-Europe routes. Overall, the shipping industry remains in a downturn, and the outlook is not optimistic.

07/21/2025 Logistics
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Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

07/21/2025 Logistics Industry Insights
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Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.

09/26/2025 Logistics Encyclopedia
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Exporters Urged to Optimize Container Booking to Ease Port Congestion

Exporters Urged to Optimize Container Booking to Ease Port Congestion

This article focuses on the container release process in foreign trade export. It details how to rationally schedule container release time based on factors such as the validity period of the shipping company's equipment interchange receipt, container loading time, and shipping schedule to avoid the risk of exceeding storage capacity. It also explains the container release operation process and precautions, and answers frequently asked questions. The aim is to help foreign trade practitioners efficiently arrange container release and ensure the smooth shipment of goods.

08/22/2025 Logistics Encyclopedia
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Impact Analysis of VGM Errors on Loading Safety

Impact Analysis of VGM Errors on Loading Safety

VGM (Verified Gross Mass) errors in international shipping can lead to serious safety hazards. Carriers require shippers to provide accurate cargo weights to mitigate their liability. If shippers provide false weight information, they bear the consequences, especially in cases of overloaded loading equipment. Ensuring the accuracy of VGM is critical in reducing the risk of transportation accidents.

07/18/2025 Logistics Encyclopedia
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Special Requirements for Shipping Bills of Lading to Brazil

Special Requirements for Shipping Bills of Lading to Brazil

This article outlines the special requirements for ocean bills of lading when exporting to Brazil, including the display of shipping fees, the necessity of the NCM Code for goods, the CNPJ numbers for the consignee and notify party, and restrictions on the form of the bill of lading. These requirements are crucial for smooth customs clearance and risk mitigation.

07/21/2025 Logistics Encyclopedia
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Ever Feat Incident Exposes Extreme Weather Risks in Global Shipping

Ever Feat Incident Exposes Extreme Weather Risks in Global Shipping

The Evergreen container ship 'Ever Feat' experienced a stack collapse off the coast of Brazil due to severe weather, resulting in damage to 30-40 containers, some of which are suspended and at risk of falling into the water. This incident poses a potential threat to global shipping and ecological safety, significantly impacting delivery timelines for foreign trade companies.

08/06/2025 Logistics
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Comprehensive Analysis of Shipping Surcharges

Comprehensive Analysis of Shipping Surcharges

This article explores various surcharges in the shipping process, including fuel surcharges and currency depreciation surcharges. These additional fees vary based on market conditions, port status, and cargo characteristics. Understanding their definitions and background aids in optimizing shipping costs and decision-making.

07/18/2025 Logistics Encyclopedia
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