China and Russia have always maintained a friendly neighborly relationship and have close cooperation in trade. When China exports products to Russia, the following is an overview of some major ports.
In the context of the rapid development of international trade and the continuous expansion of transportation services, LCL shipping is widely adopted. However, LCL shipping is different from FCL shipping, and its transportation requirements are special and independent. Here, we will explore these issues and discuss the challenges that may be encountered in the actual operation process.
In maritime shipping business, ETD and ETA are two very common terms because they help all relevant parties understand the expected schedule of goods transportation. Please note that both of these terms represent estimated times, and the actual departure and arrival times may change due to various factors such as weather, mechanical failures, and port congestion.
Mexico Adjusts Import Tariffs on 392 Products
The Marine Bill of Lading (MBL) is a cargo transportation document issued by the shipping company, used to prove the ownership of the goods and the transfer of ownership during the shipping process. This type of bill of lading is usually issued directly by the shipping company to the consignor or its agent, including information such as the name of the goods, quantity, loading port, destination port and shipping method. Due to its high security, it is widely used in sea freight trade.
With the continuous development of international trade, the logistics industry has also become increasingly mature. The bill of lading for goods, which plays a crucial role, has also attracted more and more attention. In addition to the Marine Bill of Lading (MBL), there is also the House Bill of Lading (HBL).
O/F (Ocean Freight) refers to the basic ocean shipping cost. Each shipping company sets prices and sailing schedules according to different factors, and the O/F for different ports varies.
Due to ongoing strikes at U.S. East Coast and Gulf Coast ports, severe congestion has led to significantly prolonged cargo handling times and a sharp increase in vessel wait times, posing serious challenges to the global shipping market. In response, MSC and Maersk recently announced the cancellation of 4 Asia-to-U.S. East Coast and Gulf Coast sailings to alleviate operational pressures caused by port congestion.
Due to severe drought conditions, the Panama Canal Authority (ACP) has updated its navigation restrictions, reducing the daily number of ships passing through the canal from 32 to 31 starting in November. This not only poses challenges to the canals operations but also creates ripples in the global shipping industry.
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