Russia Expands Arctic Energy Exports As Ice Melts

Russia Expands Arctic Energy Exports As Ice Melts

The Russian tanker 'Baltica', escorted by nuclear-powered icebreakers, successfully traversed the Arctic Northeast Passage to reach China, marking a significant step towards the commercialization of the Arctic route. This route has the potential to shorten the journey between Asia and Europe, becoming a potential competitor to the Suez Canal. However, it still faces numerous challenges, including ice conditions and limited hydrological data. Its future development is worth monitoring.

09/26/2025 Logistics
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Sudans Currency Decline Key Factors Driving USD Exchange Rate

Sudans Currency Decline Key Factors Driving USD Exchange Rate

The current exchange rate between the US dollar and the Sudanese pound is approximately 1 USD = 599.9 SDG, meaning that 10,000 USD can be exchanged for 59,990,000.58 SDG. Exchange rate fluctuations are influenced by US economic policies and both domestic and international political and economic factors. Over the past 30 days, the exchange rate has ranged from 598.81 to 600.70, indicating relative stability but with potential volatility.

08/09/2025 Exchange Rate Query
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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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ONE Releases Guide for Shanghai Port Container Pickup

ONE Releases Guide for Shanghai Port Container Pickup

This paper explores the issue of container pickup for ONE Ocean at Shanghai Port, specifically Waigaoqiao. It points out that the designated pickup location is typically determined by the shipping company. However, the possibility of picking up containers at Waigaoqiao Port may exist through transshipment or communication with the shipping line. Shippers should carefully weigh the advantages and disadvantages based on their specific needs and choose the most suitable logistics solution.

08/21/2025 Logistics Encyclopedia
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Odunvis Launches Zhengzhouho Chi Minh City Route to Boost Chinavietnam Trade

Odunvis Launches Zhengzhouho Chi Minh City Route to Boost Chinavietnam Trade

Shanghai Audunweis International Freight Forwarding Co., Ltd. actively expands its China-Vietnam road transportation business, offering full truckload (FTL) and less-than-truckload (LTL) dedicated line services from Zhengzhou to Ho Chi Minh City, etc. With efficient and convenient door-to-door service, bilateral formal customs declaration, and DDP (Delivered Duty Paid) services, it helps accelerate China-Vietnam trade and provides higher-quality logistics options for enterprises in both countries.

08/21/2025 Logistics
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Narita International Airport (NRT) Overview and Related Flight Information

Narita International Airport (NRT) Overview and Related Flight Information

Narita International Airport (NRT) serves as Tokyo's primary aviation hub, connecting various cities worldwide and offering a high-quality travel experience. The airport features customs facilities and boasts an extensive flight network, including direct flights to destinations in North America, Europe, and Asia. With year-round operations and comprehensive service amenities, Narita is an ideal choice for travelers and cargo. Its convenient inquiry system also enables passengers to access relevant flight information, enhancing travel efficiency.

07/21/2025 Airport Codes
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First International Freight Train from Urumqi to Duisburg Officially Launches

First International Freight Train from Urumqi to Duisburg Officially Launches

The international freight train from Urumqi to Duisburg officially started on May 28, carrying 41 carriages of goods, with a planned journey time of 8 to 10 days. This train not only enhances transportation efficiency but also facilitates the loading of return goods, promoting trade between Xinjiang and Europe. This initiative marks a shift in Xinjiang's economic model and will further strengthen logistics connections and market expansion both within and outside the region.

05/31/2016 Logistics
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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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Brussels Airport The Key Hub of Aviation in Belgium

Brussels Airport The Key Hub of Aviation in Belgium

Brussels Airport, located in the capital of Belgium, opened in 1940 and is currently managed by Brussels Airport Company. It serves as a hub for multiple airlines and boasts three runways to accommodate various air transportation needs. In 2014, it recorded an annual passenger volume of 22 million, making it the 23rd busiest airport in Europe. The newly designed terminal enhances the passenger experience and showcases Brussels Airport's unique position as a modern aviation hub.

07/28/2025 Logistics
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HSBC Luxembourg SWIFT Code Eases Crossborder Transfers

HSBC Luxembourg SWIFT Code Eases Crossborder Transfers

This article provides a detailed overview of the SWIFT/BIC code system for HSBC Continental Europe (Luxembourg). It emphasizes the importance of using the correct SWIFT code and offers guidance on selecting the appropriate code for various situations. The aim is to assist users in successfully completing international money transfers and avoiding potential delays in funds processing. Understanding the nuances of HSBC Luxembourg's SWIFT codes is crucial for efficient and accurate international transactions.

09/01/2025 International Settlement
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