10 Apr 2024
United States Imposes Sanctions on Iranian Shipping Company
Forum Tag : International Trade
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05 Feb 2024Red Sea Crisis Sends Shockwaves Through Global Automotive Industry
Approximately 70% of Europe's automotive industry relies on components shipped from Asia via the Red Sea, and delays in shipping times could disrupt European car production
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01 Feb 2024CIF vs CIP: How to choose between these two options?
Understanding Incoterms promotes smoother global trade.
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18 Jan 2024Illegal transshipment - A trade-restricted area that importers and exporters cannot afford to overlook.
Illegal transshipment refers to the illicit act of violating regulations or requirements during the transportation of goods.
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17 Jan 2024The Butterfly Effect of the Red Sea Crisis
The Red Sea crisis is a global powder keg filled with the complexities of historical hostilities and geopolitical intricacies. As a crucial nexus for international trade, freight forwarders play a pivotal role in this crisis. We will explore how the but
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02 Sep 2021Traditional shipping market has highlighted its importance because of the supply chain dilemma caused by the epidemic. With global quantitative easing and sufficient liquidity, shipping stocks have also become popular targets in the stock market.
What is BDI? What is FBX? What is the relationship between the ups and downs of the shipping market and the economy?
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25 Aug 2021At this moment, 409 container ships around the world are still waiting for their berths in ports! 2.7 million 20-foot containers are waiting to be unloaded into ports around the world!
Ningbo Meishan Wharf will be reopened, and the congestion in the supply chain can be alleviated. However, due to the continued expansion of the delta virus, Vietnam’s lockdown has caused a supply chain disconnection crisis for US importers.
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24 Aug 2021The shipping lines have broken their trust, and the shippers went directly to the freight forwarder (NVOCC)! More freight forwarders started to have more bookings from clients that have direct BCO contracts with shipping lines this year.
Marine transportation is the most basic underlying structure of commercial supply chain, and it is also the latest visible expense item reflected in the total cost structure of all business trades. The sky-high ocean freight rates now appearing are undoub
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23 Aug 2021LATEST NEWS IN VIETNAM MARKET- AUG 23TH
FDI enterprises in Ho Chi Minh City have lost orders with hundreds of millions of dollars. Foreign-invested enterprises in Ho Chi Minh City said that they faced many difficulties in implementing the policy
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20 Aug 2021The sky-high ocean freight has been given to interest groups, which are commonly known as scalpers for taking advantage from others, which creates a great opportunity to make money and pushes up ocean freight rates to the next high level.
The pandemic of covid-19 is a hotbed of chaos in the current shipping market. At present, only time can cure the epidemic and improve the messy of logistics and transportation.
