Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

08/21/2025 Document Interpretation
Read More
Metrobank SWIFT Code Guide for Secure Global Transfers

Metrobank SWIFT Code Guide for Secure Global Transfers

This article provides a detailed analysis of Metrobank (Metropolitan Bank and Trust Company) Philippines' SWIFT code, MBTCPHMMXXX, explaining its structure, applicable scenarios, and the use of branch codes. It also offers important considerations for cross-border remittances, frequently asked questions, and the necessary information for receiving international transfers to a Metrobank account. The aim is to assist users in completing international remittances securely and efficiently. This includes understanding how the SWIFT code facilitates international money transfers and how to properly use it when sending money to or receiving money from Metrobank.

09/03/2025 International Settlement
Read More
BIMCO Governance Structure and Key Roles Explained

BIMCO Governance Structure and Key Roles Explained

This article introduces BIMCO's governance structure, core functions, and its significant role in the shipping industry, including the specific responsibilities of the Board of Directors, Executive Committee, and various professional committees. Since its establishment in 1905, BIMCO has continually evolved to provide efficient and transparent services and support to its members.

08/05/2025 Shipping Company Encyclopedia
Read More
APL Shanghai Streamlines Booking with Updated Contact Info

APL Shanghai Streamlines Booking with Updated Contact Info

This article addresses the difficulty in finding APL Shanghai Shipping Company's phone number, providing the latest and most effective contact methods, including customer service hotline, voice information service, and electronic container release website. It emphasizes that the customer service hotline 021-26105988 is the most efficient way to resolve issues, and reminds users to pay attention to the timeliness of online information. This helps foreign trade practitioners book freight efficiently.

08/23/2025 Shipping Company Encyclopedia
Read More
Guide to Equipment Release Validity and Container Return Procedures

Guide to Equipment Release Validity and Container Return Procedures

This article provides a detailed overview of the equipment interchange receipt (EIR) validity period and customs clearance return/empty container return procedures for major shipping companies. It serves as a practical guide to help foreign trade professionals avoid losses due to information asymmetry. The content covers specific regulations of companies such as Maersk, CMA CGM, and COSCO. Readers are reminded to verify the latest policies directly with the shipping lines. This information is critical for smooth logistics and cost-effective operations.

08/22/2025 Shipping Company Encyclopedia
Read More
Global Shipping Guide Major Carriers and Trade Routes Explained

Global Shipping Guide Major Carriers and Trade Routes Explained

This article provides an in-depth analysis of the leading shipping companies, including Maersk, MSC, and CMA CGM, focusing on their advantageous routes, service characteristics, and market positioning. The aim is to assist international freight forwarders in selecting suitable partners, optimizing transportation plans, and enhancing their competitiveness. The article covers key information such as each company's strong routes, freight rates, and service quality, offering valuable references for freight forwarders. It's a practical guide to navigate the complexities of choosing the right shipping partner.

09/26/2025 Shipping Company Encyclopedia
Read More
Alaska Airlines Expands Global Network Under New Leadership

Alaska Airlines Expands Global Network Under New Leadership

Alaska Airlines executive Jason Berry emphasized the company's human-centered approach, focusing on the future expansion of its global freight network. He and new Vice President Ian Morgan are working together to enhance international long-haul routes and improve cargo capacity to respond to industry changes and challenges, looking forward to the company's transformation and growth over the next three years.

08/07/2025 Airlines
Read More
Regional Container Rates Surge Amid Europe Slowdown

Regional Container Rates Surge Amid Europe Slowdown

Latest container data shows a slowdown in freight rate increases on European routes and a decrease on Mediterranean routes, while Pacific and Asian regional routes are performing strongly. Shipping companies may adjust their route layouts, leading to increased competition on regional routes. Freight forwarding companies need to closely monitor market dynamics. The European route's price increase is becoming less significant, while the Mediterranean route is decreasing. The Pacific and Asian routes are showing strength. This shift could lead to a change in shipping company strategies and increased competition within regional routes. Freight forwarders must stay informed.

09/26/2025 Logistics
Read More