COSCO OOCL Expand MWAX Service to Conakry Port

COSCO OOCL Expand MWAX Service to Conakry Port

COSCO SHIPPING and OOCL jointly upgraded the MWAX service, incorporating the Port of Conakry in Guinea into the network. This enhancement will improve the transportation capacity of bulk commodities, strengthen their position in the African market, and facilitate the development of China-Africa trade. Both parties will continue to optimize the service to address challenges and provide high-quality shipping services. The upgraded MWAX service aims to better serve the growing trade demands between China and West Africa.

01/08/2026 Logistics
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Exploring Freetown A Strategic Port City In Sierra Leone

Exploring Freetown A Strategic Port City In Sierra Leone

Freetown is a key port in Sierra Leone, benefiting from its strategic location and facilities, which lay the groundwork for cargo handling and foreign trade development. The port's seven berths and convenient railway connections present excellent opportunities for business collaboration and economic growth, making it an ideal choice for exploring the West African market.

07/24/2025 Port Encyclopedia
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Shipping Industry Urges Strategies to Avoid Demurrage Fees

Shipping Industry Urges Strategies to Avoid Demurrage Fees

Demurrage and detention are common additional costs in international trade. Demurrage refers to charges incurred for exceeding the free storage time for goods at a terminal. Detention refers to charges for holding a container beyond the allowed free time. Careful planning of cargo pickup and container return, maximizing the use of free time, can effectively avoid these unnecessary expenses. It is recommended to consult local information for specific regulations regarding demurrage and detention fees.

09/28/2025 Logistics Encyclopedia
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Shanghais Waigaoqiao FTZ Eases Export Logistics Amid New Rules

Shanghais Waigaoqiao FTZ Eases Export Logistics Amid New Rules

This article provides a detailed analysis of the container amendment process for export goods in the Waigaoqiao Free Trade Zone, focusing on container cut-off times and demurrage fees. It also examines Hanjin Shipping's free time policy for HC containers. The importance of understanding key logistics information and selecting professional partners is emphasized. The aim is to help foreign trade enterprises effectively control costs and improve logistics efficiency. This includes navigating the complexities of container amendment processes and understanding the implications of different shipping line policies.

08/22/2025 Logistics Encyclopedia
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ATA Carnet Simplifies International Trade for Businesses

ATA Carnet Simplifies International Trade for Businesses

The ATA Carnet serves as a duty-free passport for international trade, allowing businesses to temporarily import goods into over 80 countries and regions without customs duties. By simplifying customs procedures, it helps companies reduce costs and enhance cross-border business efficiency, making it a vital tool for promoting international trade.

08/05/2025 Customs Knowledge
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