Marine Cargo Insurance Shields Global Trade from Rising Risks

Marine Cargo Insurance Shields Global Trade from Rising Risks

Understanding potential risks in maritime cargo transport is crucial for insurance procurement. These risks include natural disasters from the shipping process, such as severe weather, tsunamis, and earthquakes, as well as accidental events like grounding and collisions. Such risks can lead to cargo losses, making appropriate insurance essential for ensuring safety during transportation. This article provides a detailed analysis of this topic.

07/28/2025 Logistics Encyclopedia
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Container Transport Handling Considerations

Container Transport Handling Considerations

When arranging container transportation, the shipper's containers must comply with international standards and safety regulations, and valid certificates proving cargo suitability must be provided. For tank containers, the carrier may discharge necessary goods in hazardous situations, without assuming liability. The shipper is responsible for related costs and losses to ensure transportation safety.

07/17/2025 Logistics Encyclopedia
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Puntarenas Port Expands As Costa Ricas Pacific Trade Hub

Puntarenas Port Expands As Costa Ricas Pacific Trade Hub

This article, from a data analyst's perspective, provides an in-depth analysis of the geographical location, port facilities, trade characteristics, and role of Puntarenas Port in Costa Rica's maritime transport system. It covers port infrastructure, climate conditions, trade features, shipping guidelines, and future development trends. The aim is to provide readers with comprehensive and practical port information and shipping reference for Puntarenas, Costa Rica.

09/29/2025 Port Encyclopedia
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Global Trade Faces Emergency Bunker Surcharge Amid Soaring Fuel Costs

Global Trade Faces Emergency Bunker Surcharge Amid Soaring Fuel Costs

Rising fuel prices have led shipping companies to implement Emergency Bunker Surcharges (EBS), increasing transportation costs for shippers. This article analyzes the reasons behind fuel price increases, explores the impact of EBS, and proposes coping strategies for shippers. It also looks ahead to sustainable development solutions for the shipping industry, aiming to mitigate the impact of fuel price volatility and promote environmentally responsible practices in maritime transport.

11/03/2025 Logistics Encyclopedia
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Exploring Rollon Rolloff Ships An Efficient Solution for Bulk Cargo Transportation

Exploring Rollon Rolloff Ships An Efficient Solution for Bulk Cargo Transportation

This article explores the importance of roll-on/roll-off (RO/RO) ships in international shipping and their unique designs. With flexible loading and unloading methods, RO/RO ships efficiently transport various types of cargo, enhancing their carrying capacity while facing challenges related to stability and the loading and unloading process. Understanding these characteristics is essential for grasping the dynamics and development of modern maritime transportation.

07/24/2025 Logistics Encyclopedia
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Lithium Battery Energy Storage Cabinets: An In-depth Guide to Sea Freight Export Procedures

Lithium Battery Energy Storage Cabinets: An In-depth Guide to Sea Freight Export Procedures

This article provides a detailed overview of the marine export process for lithium battery energy storage cabinets, covering aspects such as their components, booking, maritime filings, warehouse/trucking arrangements, customs clearance, and port entry considerations. It emphasizes the importance of adhering to international regulations for the transport of hazardous materials, reminding exporters to prioritize compliance to avoid severe consequences and losses resulting from misreporting.

07/18/2025 Logistics Encyclopedia
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Can Freight Owners Book Directly with Shipping Lines?

Can Freight Owners Book Directly with Shipping Lines?

In maritime transport, shippers often book space through freight forwarders (forwarders), although large-volume clients may choose to book directly with shipping companies. However, operational tasks and customs clearance still require the expertise of a professional freight forwarder. The collaboration and connections among various industry players ensure that freight forwarders continue to play a vital role in the smooth execution of bookings during the transportation process.

07/18/2025 Logistics Encyclopedia
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Siem Reap Port Emerges As Key Cambodian Trade Hub

Siem Reap Port Emerges As Key Cambodian Trade Hub

This article introduces the overview, types, routes, and role of Siem Reap Port in Cambodia's water transport system. As an inland barge port, Siem Reap Port connects the inland with coastal ports, serving as an important supplement to Cambodia's foreign trade. The article also lists other major Cambodian seaports and looks forward to the future development of Siem Reap Port. It highlights the port's significance in facilitating trade and contributing to the overall connectivity within Cambodia and its connection to the global market via coastal hubs.

09/29/2025 Port Encyclopedia
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Western Land-sea New Corridor's Sea-rail Combined Transport Trains Reach New Heights Over 2000 Trains Operated

Western Land-sea New Corridor's Sea-rail Combined Transport Trains Reach New Heights Over 2000 Trains Operated

In 2024, the number of maritime and railway intermodal trains operating on the New Western Land-Sea Corridor exceeded 2,000, a year-on-year increase of 16.8%, supporting regional economic development. Guangxi Beibu Gulf International Port Group actively promotes the marine economy, leading to a significant increase in train transport demand. The goal is to operate 10,000 trains throughout the year, laying the foundation for facilitating a dual circulation market.

03/18/2024 Logistics
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Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

07/16/2025 Logistics Encyclopedia
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