Ocean Freight Shippers Face Rising COV Charges Experts Advise Negotiation

Ocean Freight Shippers Face Rising COV Charges Experts Advise Negotiation

This article provides a clear explanation of COV (Change of Vessel Fee) in ocean freight forwarding, covering its meaning, causes, and charging standards. It highlights the context in which COV fees arise and advises clients on what to consider when facing this charge. The aim is to help shippers better understand and manage various costs encountered during the ocean freight process. By understanding the reasons behind COV, shippers can better negotiate and plan their shipments, potentially mitigating unexpected expenses.

09/26/2025 Logistics Encyclopedia
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Guide to International Ocean Freight Terminology Unveiled

Guide to International Ocean Freight Terminology Unveiled

This article provides an in-depth analysis of the freight forwarder's role in international shipping, covering shipping operation processes, vessel operation processes, and key terminology such as S/O and Bill of Lading. It aims to help foreign trade professionals better understand the shipping process, improve communication efficiency, and ensure the safe and efficient transportation of goods, ultimately facilitating smooth foreign trade operations. The article focuses on providing practical knowledge to navigate the complexities of international sea freight.

11/03/2025 Logistics Encyclopedia
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Container Shipping Rates Surge A New Trend on Latin America Routes

Container Shipping Rates Surge A New Trend on Latin America Routes

Recently, container freight rates on routes from Shanghai to Latin America have seen a significant increase, with rates from Shanghai to the Port of Santos reaching a historical high. This week, rates surged by 26%, reaching $3,646 per FEU. The phenomenon of vessel suspensions has led to increased profits for shipping companies, and regulators are beginning to pay attention to these changes, calling for companies to standardize their pricing management, although specific interventions regarding rates in Latin America remain uncertain.

07/22/2025 Logistics
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Guide to Avoiding Costly Errors in International Shipping Documents

Guide to Avoiding Costly Errors in International Shipping Documents

This article provides a detailed interpretation of key filling points for ocean bills of lading, including shipper, consignee, vessel name, loading and unloading ports, marks and numbers, goods description, gross weight and volume, freight payment, place and date of issue, etc. It offers practical guidance with real-world examples to help you avoid common mistakes and ensure the smooth arrival of your goods. This guide aims to assist in accurately completing the bill of lading, a crucial document in international trade.

08/21/2025 Document Interpretation
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Export Guide for Boron Trichloride Ocean Freight Procedures and Risks

Export Guide for Boron Trichloride Ocean Freight Procedures and Risks

This article provides a detailed analysis of the full container sea freight export process for Boron Trichloride. It covers key steps including booking preparation, space approval, customs declaration, direct loading alongside the vessel, and bill of lading issuance. The importance of selecting the appropriate trade method and managing risks is also emphasized. This guide aims to offer professional guidance to practitioners involved in the export of Boron Trichloride via sea freight, ensuring compliance and minimizing potential issues throughout the shipping process. (98 words)

11/13/2024 Logistics Encyclopedia
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Freight Forwarding Experts Share Customs Clearance Tips

Freight Forwarding Experts Share Customs Clearance Tips

Experienced freight forwarder Zany312 shares practical experience in customs declaration amendment, dealing with cut-off times, handling vessel delays, and responding to customs inspections. This helps you mitigate freight forwarding risks and improve efficiency. Key points include: mandatory amendment for incorrect transshipment port codes; MSK's 48-hour strategy before cut-off; flexible HBL schedule modification; methods for correcting data inconsistencies; and on-site operation of MSK booking space. Learn practical tips to navigate challenges in freight forwarding and ensure smooth operations.

08/22/2025 Logistics Encyclopedia
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UCLA Brazil Port Upgrades Improve Global Logistics Efficiency

UCLA Brazil Port Upgrades Improve Global Logistics Efficiency

UCLA service announces a significant upgrade. Starting July 13, 2025, the southbound route will return to the Brazilian terminal port (BTP), with MSC PETRA as the first vessel. This upgrade aims to improve operational efficiency, enhance service reliability, and optimize interconnectivity, providing customers with a superior logistics experience. UCLA service will continue to innovate and pursue excellence, striving to be a trusted logistics partner for its customers. The return to BTP will streamline operations and contribute to faster transit times.

09/26/2025 Logistics
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Explaining Shipping Container Release in Global Freight

Explaining Shipping Container Release in Global Freight

This article explains the concepts of "Space Release" and "Container Release" in international freight forwarding. It clarifies the differences and connections between them in terms of definition, prerequisites, results, and subsequent operations. The aim is to help readers clearly understand the ocean freight process, avoid operational confusion, and ensure the smooth shipment of goods. It details the nuances involved in securing space on a vessel and obtaining the physical container, highlighting the importance of understanding these steps for efficient international shipping.

09/26/2025 Logistics Encyclopedia
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Yang Ming Ship Collision Disrupts Operations at Turkish Port

Yang Ming Ship Collision Disrupts Operations at Turkish Port

The 'YM Witness' vessel, chartered by Yang Ming Marine Transport Corporation, was involved in a collision accident at Evyap Port in Turkey, collapsing three cranes. Yang Ming has released a statement indicating their cooperation with the investigation and announcing schedule adjustments. This incident highlights the importance of maritime safety and the need for strengthened port safety management. The accident underscores the potential risks associated with container ship operations within port environments, necessitating a review of safety protocols and infrastructure maintenance.

11/03/2025 Logistics
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Hazardous Ink Export Guidelines Emphasize Safe Shipping Practices

Hazardous Ink Export Guidelines Emphasize Safe Shipping Practices

This article provides a detailed interpretation of the requirements for sea freight export of 3 types of dangerous goods inks, focusing on the different operating procedures at Shanghai Yangshan Port and Waigaoqiao Port. It emphasizes the importance of flash point and key aspects such as direct loading alongside the vessel and dangerous goods warehouse transfer. The aim is to help foreign trade enterprises avoid risks and achieve efficient customs clearance. This guide offers practical advice for navigating the complexities of ink export, ensuring compliance and smooth operations.

05/28/2024 Logistics Encyclopedia
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