Prospect Analysis of the Merger Between COSCO and China Shipping

Prospect Analysis of the Merger Between COSCO and China Shipping

China Ocean Shipping and China Shipping are expected to complete their merger by January next year, creating the world's fourth-largest container shipping company. The reform plan has been approved by the State Council, involving over 20 billion USD in funding. Key issues include effective integration and ensuring employee stability. The merger will significantly enhance the market competitiveness of both companies and may alter the dynamics of the international shipping market.

07/21/2025 Logistics
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July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

Global shipping markets face sharp shifts this July, with European route rates hitting record highs due to capacity reallocation and port congestion, while US West Coast rates drop amid oversupply and weak demand. Carriers' pricing updates confirm this divergence, urging shippers and forwarders to monitor trends closely for upcoming volatility.

06/20/2025 Logistics
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In-depth Analysis of Container Transport Process

In-depth Analysis of Container Transport Process

This article provides an in-depth analysis of the basic processes involved in container transportation, including loading, management, unloading, and distribution. It emphasizes the importance of smooth communication and cooperation while highlighting how industry practitioners accumulate experience and tackle challenges in practice. By sharing real case studies, it effectively enhances work skills and industry awareness.

07/18/2025 Logistics Encyclopedia
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Complete Guide to Full Container Load (FCL) Sea Freight Export Operations

Complete Guide to Full Container Load (FCL) Sea Freight Export Operations

This report outlines the operational process and key steps for exporting full container loads (non-hazardous goods) via sea freight. It includes stages such as cargo solicitation, price inquiry, booking, stowage, loading, and customs clearance. The report highlights the necessary documents and important considerations for each step, aiming to assist practitioners in improving operational efficiency and service quality.

07/18/2025 Logistics Encyclopedia
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Analysis of the 'Non-Operating Reefer' Phenomenon in Container Shipping

Analysis of the 'Non-Operating Reefer' Phenomenon in Container Shipping

This article analyzes the phenomenon of 'Non-Operating Reefer' in container transport, explaining its definition and application scenarios. Through practical cases, it explores the reasons and cost advantages of using reefer containers as standard containers. The article also emphasizes the special limitations of reefer containers in cargo loading and transport, highlighting their importance in enhancing container utilization.

07/16/2025 Logistics Encyclopedia
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THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

Terminal Handling Charge (THC) is a significant cost in maritime shipping, usually borne by the exporter. THC fees are categorized based on container type, with separate charges for small and large containers, while LCL is charged by gross weight or volume. Additionally, Document (DOC) fees vary by shipping line and are charged per bill. It is important to pay attention to the various aspects covered by THC fees.

07/14/2025 Logistics Encyclopedia
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Special Tax Refunds and Exemptions for Export Goods

Special Tax Refunds and Exemptions for Export Goods

This article examines the applicable cases of special tax exemption policies, including foreign contracting projects and foreign repair services. It analyzes the impact of these policies on reducing export costs for enterprises and enhancing their market competitiveness.

07/24/2025 Logistics
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Indepth Analysis of Cost Allocation Under FOB Shipping Terms

Indepth Analysis of Cost Allocation Under FOB Shipping Terms

This article provides an in-depth analysis of the various costs that the seller must bear under FOB shipping terms, including local charges at the port of origin, shipping fees, and related surcharges, as well as local charges at the destination port. It also discusses the issue of insurance cost allocation, helping sellers clearly understand their responsibility for cost sharing to enhance collaboration efficiency.

07/24/2025 Logistics Encyclopedia
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