Key Shipping Terms Like Laycan Help Mitigate Industry Risks

Key Shipping Terms Like Laycan Help Mitigate Industry Risks

LAY/CAN is a crucial clause in a charter party, defining the period within which a vessel must arrive at the loading port. Understanding its meaning and function helps charterers protect their rights and shipowners fulfill their obligations, thereby regulating the shipping market and mitigating potential risks. This article provides an in-depth analysis of LAY/CAN and compares it with Shipment Date and Late Come, aiming to enhance your knowledge of shipping practices. It is essential for navigating the complexities of charter agreements and minimizing disputes related to vessel arrival and cargo loading timelines.

09/26/2025 Logistics Encyclopedia
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YAPI Launches Swiftbased International Money Transfers

YAPI Launches Swiftbased International Money Transfers

The SWIFT/BIC code for YAPI VE KREDI BANKASI A.S. is YAPITRIS COR, offering convenient international remittance services. Remittance processing speeds are fast, with most transactions completed on the same day. The bank supports multiple currencies and payment methods, providing customers with secure and transparent financial services.

08/20/2025 International Settlement
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Luxembourg IBAN Format Key for International Transfers

Luxembourg IBAN Format Key for International Transfers

This article explores the significance of International Bank Account Numbers (IBAN), particularly the format used in Luxembourg. An IBAN consists of a country code, check digits, and bank account number, designed to ensure the safety and efficiency of funds during international transfers. Understanding how to obtain and use an IBAN helps avoid transfer errors and enhances the international payment experience.

08/18/2025 International Settlement
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Ebay Sellers Guide How to Achieve Top Status

Ebay Sellers Guide How to Achieve Top Status

This article provides a detailed interpretation of the requirements for becoming an eBay Top Rated Seller. It covers hard metrics like sales volume, order handling, defect rate, and late shipment rate, as well as soft skills like seller reputation. Achieving Top Rated Seller status translates to increased visibility and conversion rates, making it a crucial step in elevating store ranking and unlocking the key to increased traffic. Meeting these criteria is essential for success in the competitive eBay marketplace and maximizing potential for growth.

01/04/2026 Customs Knowledge
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Amazon Vs Independent Ecommerce Guide for Crossborder Sellers

Amazon Vs Independent Ecommerce Guide for Crossborder Sellers

This paper delves into the advantages and disadvantages of Amazon and independent website models in cross-border e-commerce, providing decision-making references for novice sellers. It suggests that beginners prioritize Amazon for a quick start and experience accumulation. In the mid-to-late stages, sellers can consider focusing on independent websites, supplemented by Amazon, to achieve traffic redirection, brand building, and reduced operational risks. The study emphasizes collaborative operation to leverage the strengths of both models, creating a synergistic approach for optimal results in the global marketplace.

01/04/2026 Logistics Industry Insights
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VAT Promotes Fair Trade in Global Commerce

VAT Promotes Fair Trade in Global Commerce

This article explores how Value Added Tax (VAT) serves as a facilitator of fair competition in international trade, distinguishing it from tariffs. VAT achieves tax neutrality through a multi-stage payment mechanism, providing equal opportunities for all businesses, ensuring that goods are taxed in the consuming country rather than the producing country, thereby promoting growth in international trade.

08/05/2025 Customs Knowledge
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Ebay Suspends Seller Assessments Amid Hong Kong Logistics Policy Shift

Ebay Suspends Seller Assessments Amid Hong Kong Logistics Policy Shift

eBay is temporarily suspending the logistics service performance assessment policy for direct shipping transactions from Hong Kong, in response to adjustments made by Hong Kong Post to its mail service to the United States. Simultaneously, eBay is providing automatic account protection, including removing late shipment rate records, to safeguard seller rights. Sellers should closely monitor policy changes and adjust their logistics strategies accordingly. This aims to mitigate potential negative impacts on sellers due to external postal service disruptions.

11/03/2025 Logistics
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Crossborder Sellers Face Hidden Customs Risks

Crossborder Sellers Face Hidden Customs Risks

Cross-border customs clearance is a critical part of the import and export process, with over 30% of shipment delays stemming from this stage. Customs clearance involves multiple steps such as declaration, inspection, and tax payment, necessitating attention to compliance and document completeness to mitigate risks and enhance success rates. Mastering customs clearance techniques is essential for success in cross-border trade.

09/16/2025 Customs Knowledge
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