China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

As the number of carriers increases, competition in the transport market intensifies, making it crucial to implement effective measures to ensure timely freight payments. Risks associated with prepaid freight terms need to be clearly outlined in contracts to avoid complications in recouping fees. Furthermore, confirming the actual payer of the freight is essential. Carriers should pay attention to the details of relevant agreements to ensure smooth freight collection.

07/28/2025 Logistics
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Potential Risks and Recommendations for Unsealed Containers Entering Ports

Potential Risks and Recommendations for Unsealed Containers Entering Ports

In international shipping, failing to seal containers upon arrival can lead to serious customs clearance issues and even return shipments. While port areas may not rigorously inspect seals, problems may arise during foreign customs clearance. Some shipping companies particularly require specialized seals. To ensure a smooth export process, it is advisable to prioritize using the seal number obtained with the bill of lading and to pay close attention to the sealing process.

07/18/2025 Logistics Encyclopedia
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Indepth Analysis of Customs Regional Codes in Zhejiang Province

Indepth Analysis of Customs Regional Codes in Zhejiang Province

This article provides an in-depth analysis of the customs regional coding system in Zhejiang Province, exploring the principles underlying China's customs division of domestic regions, particularly in relation to economic development and special economic zones. While Jiangsu and Guangdong lead in the number of detailed areas, Zhejiang features a relatively simpler administrative structure yet displays strong economic strength, with Ningbo and Hangzhou serving as dual economic hubs that enhance regional development and logistical advantages.

07/28/2025 Customs Knowledge
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New Model for Automotive Industry Cluster Development Powered by Dawanchan Bay Terminal

New Model for Automotive Industry Cluster Development Powered by Dawanchan Bay Terminal

Dachan Bay Terminal has partnered with Qianhai International Automobile Park to promote car imports and industrial development. Leveraging its unique geographical location and supportive government policies, it has become Shenzhen's only land-sea vehicle import port. The implementation of a new model of 'port customs clearance and in-zone supervision' has attracted a growing number of parallel imported cars, contributing to the development of the automotive industry cluster and injecting vitality into the local economy.

07/28/2025 Logistics
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Overview of Phu Bai International Airport in Hue City

Overview of Phu Bai International Airport in Hue City

Hue City International Airport, also known as Phu Bai International Airport with the IATA code HUI, is located in Thua Thien-Hue Province, Vietnam. The airport offers domestic and international flights, primarily to Ho Chi Minh City and Hanoi. As a customs airport, it is equipped with modern facilities, providing efficient clearance services for air cargo. Hue City Airport serves as an important gateway for exploring the region's culture and history, attracting an increasing number of tourists.

07/18/2025 Logistics Encyclopedia
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Understanding Recent Changes in Import and Export Customs Declaration Forms

Understanding Recent Changes in Import and Export Customs Declaration Forms

This article provides a detailed comparison of the main changes between the old and new customs declarations, including the deletion, addition, and modification of fields. Many irrelevant pieces of information have been removed, while new fields have been added to ensure tax collection and prevent infringement. Several field names have been adjusted for clarity, and the number of product items has increased to facilitate trade. Overall, these adjustments aim to enhance customs regulatory capabilities and improve trade efficiency.

07/28/2025 Customs Knowledge
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Jetstar Airways Launches Direct Flights Between China and Australia to Boost Tourism

Jetstar Airways Launches Direct Flights Between China and Australia to Boost Tourism

Jetstar Australia has announced plans to launch direct flights between China and Australia by the end of the year, offering 35 flights weekly to attract more Chinese tourists. The airline will focus on the growth potential of second and third-tier Chinese cities to enhance travel convenience. Furthermore, by 2034, the number of outbound Chinese tourists is expected to reach 800 million, with 1% of Australian visitors translating to 8 million, further promoting economic development between China and Australia.

07/28/2025 Logistics
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Whitehorse Airport: Yukon's Gateway to Adventure and Human Connection

Whitehorse Airport: Yukon's Gateway to Adventure and Human Connection

Erik Nielsen Whitehorse Airport, located in Canada, is the main aviation hub for Whitehorse city, with IATA code YXY and ICAO code CYXY. The airport supports both domestic and international flights to accommodate the growing demand for passenger and cargo services. In recent years, the tourism industry has flourished, leading to a rapid increase in traveler traffic. Additionally, the surrounding natural beauty attracts a large number of visitors. Airport facilities are continually upgraded to ensure safety and convenience for travelers.

07/28/2025 Airport Codes
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Hutchison Port Holdings Group Achieves Significant Milestone with Container Throughput Exceeding 200 Million Teus

Hutchison Port Holdings Group Achieves Significant Milestone with Container Throughput Exceeding 200 Million Teus

Hutchison Port Holdings Group (HPH) recently announced that its total container throughput in Hong Kong has surpassed 200 million TEU, highlighting its industry-leading position. In the face of global economic challenges, HPH plans to invest $1.8 billion to enhance its equipment and operational standards. Although throughput data for Hong Kong's ports has fluctuated, the number of transshipment goods remains competitive. There is a need to accelerate terminal construction to meet the demands of super-sized cargo ships, ensuring the sustainable development of the industry.

07/21/2025 Logistics
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Transforming Customs Declarations Enhancing Trade Efficiency and Regulation in China

Transforming Customs Declarations Enhancing Trade Efficiency and Regulation in China

This article provides a detailed analysis of the key changes between the old and new customs declarations, emphasizing the impact of removed and added content on businesses. The removal of items like the original approval number and settlement certificate aims to simplify the declaration process. The addition of special relationship confirmation and a unified social credit code further enhances tax management and trade transparency. Changes in naming and optimization of product categories improve overall operational convenience, contributing to the continuous improvement of the trade environment.

07/28/2025 Customs Knowledge
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