Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights
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Ocean and Air Freight Drive Global Trade Amid Evolving Logistics

Ocean and Air Freight Drive Global Trade Amid Evolving Logistics

This article explores the importance and distinct characteristics of ocean and air freight in international logistics. Ocean freight is renowned for its capacity to transport bulk commodities, while air freight offers speed and efficiency that greatly facilitate commercial activities. As logistics services become increasingly diverse, understanding container specifications, transport costs, and each shipping phase will help businesses enhance logistics efficiency. In the future, the continued development of ocean and air freight will lead to a more intelligent and specialized international logistics framework.

07/29/2025 Logistics Industry Insights
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Cargo Ship Types Explained Key to Global Maritime Trade

Cargo Ship Types Explained Key to Global Maritime Trade

This article provides a detailed analysis of the classification and application scenarios of cargo ships, including bulk carriers, container ships, tankers, LNG carriers, Ro-Ro ships, multi-purpose vessels, refrigerated ships, heavy lift vessels, barges, and specialized ships. By understanding the characteristics of different ship types, readers can gain a better understanding of the mechanisms of international trade and provide a reference for choosing the appropriate mode of transportation. This knowledge is crucial for optimizing logistics and supply chain management in global commerce.

12/30/2025 Logistics Encyclopedia
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Douyin Merchants Gain As Pinduoduo Eases Order Limits

Douyin Merchants Gain As Pinduoduo Eases Order Limits

Good news for Douyin store merchants! Pinduoduo has relaxed restrictions on order placement, allowing a single account to place multiple orders. Merchants can choose manual order placement or collaborate with suppliers for bulk order processing and shipping, improving efficiency. This article provides two practical shipping solutions to help merchants respond flexibly and achieve sales growth. It covers strategies for managing different order volumes and choosing the most suitable approach, ultimately empowering merchants to optimize their fulfillment process and boost their performance.

01/04/2026 Logistics
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Amazon Sellers Guide to Costeffective Ocean Freight

Amazon Sellers Guide to Costeffective Ocean Freight

This article provides a detailed analysis of common ocean freight methods used in Amazon, including FCL, LCL, combined consolidation, break bulk, and refrigerated transport. It also explores release strategies such as telex release, ocean bill of lading, and sea waybill. The aim is to offer professional guidance for Amazon sellers in choosing the optimal ocean freight solutions, helping them optimize cross-border logistics, reduce costs, and improve efficiency. This comprehensive guide empowers sellers to make informed decisions and streamline their shipping processes.

01/07/2026 Logistics Encyclopedia
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Hidden Costs in FCL Shipping Drive Up Logistics Expenses

Hidden Costs in FCL Shipping Drive Up Logistics Expenses

This article provides an in-depth analysis of the cost structure involved in the 'door-to-port' process of full container shipping for cross-border logistics. It covers various fees, including pickup fees, inland transportation fees, storage fees, loading fees, and shipping costs. The aim is to help businesses identify and optimize these expenses, control logistics costs, and enhance their competitiveness in global trade.

08/05/2025 Logistics Encyclopedia
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Customs Delays Persist for Shortshipped Cargo Amid Carrier Procedures

Customs Delays Persist for Shortshipped Cargo Amid Carrier Procedures

This article analyzes the reasons for delayed customs release information for short-shipped cargo. It points out that when the shipping company is responsible for the short shipment, they are usually responsible for customs declaration, allowing for a more flexible timeframe. Consequently, updates on release information may be delayed. Shippers don't need to be overly concerned and should focus on monitoring port loading information instead.

08/23/2025 Customs Knowledge
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Freight Forwarding Basics Booking and Container Release Guide

Freight Forwarding Basics Booking and Container Release Guide

This article is designed for freight forwarding novices, explaining in detail how to arrange container loading and the concept of “container release” after receiving the shipping order confirmation. It emphasizes the importance of verifying the information on the shipping order confirmation and elaborates on the container release process and the required documents. The aim is to help beginners quickly grasp the freight forwarding operation process.

08/23/2025 Logistics Encyclopedia
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Kuwaits Mina Alahmadi Expands As Key Oil Export Hub

Kuwaits Mina Alahmadi Expands As Key Oil Export Hub

Mina Abdullah Port, located in southeastern Kuwait, is a crucial maritime port playing a significant role in international energy trade due to its efficient oil loading and unloading capabilities. The port boasts well-equipped facilities and professional services, providing vessels with services such as fuel replenishment and medical support, ensuring smooth and efficient oil exports. It serves as a vital link in the global oil supply chain.

09/29/2025 Port Encyclopedia
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How To Accurately Calculate The Verified Gross Mass Of Cargo To Ensure Vessel Safety

How To Accurately Calculate The Verified Gross Mass Of Cargo To Ensure Vessel Safety

Verified Gross Mass (VGM) refers to the total weight of cargo including its packaging and container, playing a crucial role in ensuring cargo safety. Shippers must provide accurate VGM as required by SOLAS, using either weighing methods or component weighing methods to avoid loading delays and safety risks. Accurate VGM not only protects the interests of shippers but also upholds the overall safety of the shipping industry.

11/30/-0001 Logistics Encyclopedia
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