Global Shipping Hit by Surge in Blank Sailings

Global Shipping Hit by Surge in Blank Sailings

The global container shipping market started the year with a slowdown, with a 16% voyage cancellation rate and downward pressure on freight rates. Drewry analysis points to weak demand as the primary driver, and shipping companies are actively adjusting capacity. Shippers should focus on Suez Canal transit clarity, service reliability, and flexible planning. The dry bulk market shows regional variations, with Chile-Far East concentrate freight rates higher than those from Peru. Increased market complexity requires vigilance and timely strategy adjustments.

02/06/2026 Logistics
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Streamlining MSC Shipping for Class 51 Dangerous Goods

Streamlining MSC Shipping for Class 51 Dangerous Goods

This article delves into the factors influencing the approval time for MSC shipping of Class 5.1 dangerous goods, including booking time, shipping company selection, port type, and co-loading situations. By providing practical advice and strategies, it aims to help foreign trade enterprises optimize their processes, shorten approval times, and improve the efficiency of dangerous goods transportation. It offers insights to navigate the complexities and expedite the often lengthy approval process associated with shipping hazardous materials via MSC.

Guide to SWIFT Codes for Bank of Asia in Kyrgyzstan

Guide to SWIFT Codes for Bank of Asia in Kyrgyzstan

This article provides a detailed guide to using the SWIFT/BIC codes for Bank of Asia CJSC, located in Kyrgyzstan. It emphasizes the importance of selecting the correct code based on the service type and branch. The guide offers key information about the bank and highlights potential risks, aiming to assist users in conducting international money transfers safely and efficiently. It serves as a valuable resource for understanding Bank of Asia's SWIFT code structure and ensuring secure transactions.

Lagunillas Airport Enhances Air Cargo Operations Key Insights

Lagunillas Airport Enhances Air Cargo Operations Key Insights

This article focuses on Lagunillas Airport (LGY) in Venezuela, providing detailed air freight information, including the airport code, regional location, airport type, and customs clearance considerations. It also introduces the West Coast Cargo Network's three-letter code query system, designed to help international trade professionals efficiently access global airport information and improve air freight operational efficiency. The system aids in quickly locating essential airport details, streamlining processes and reducing potential delays in international shipping to and from Venezuela.

Cessnock Airport Streamlines Air Freight and Customs Clearance

Cessnock Airport Streamlines Air Freight and Customs Clearance

This article provides detailed information about Shesnok Airport (CES), including its IATA code, ICAO code, and airport type. It also offers access to the West Coast Freight three-letter code lookup system, enabling users to easily find global airport information. Furthermore, it recommends practical tools such as air freight tracking and airline lookup services to help users efficiently manage their air freight operations. This resource is designed to streamline airport code identification and enhance air cargo management.

Rijeka Airport Guide Air Cargo and Customs Procedures

Rijeka Airport Guide Air Cargo and Customs Procedures

This article provides a detailed overview of Rijeka Airport (RJK) in Croatia, focusing on its three-letter code and its significance in air transport. It covers key information such as the airport's geographical location, type, and customs clearance requirements. Furthermore, the article offers guidance on how to find three-letter codes for other airports and briefly introduces other essential knowledge for air transport operations. The aim is to help readers gain a better understanding of international air freight procedures.

Guide to Air Freight Operations at Australias Warrnambool Airport

Guide to Air Freight Operations at Australias Warrnambool Airport

This article provides detailed air transport information for Warrnambool Airport (WMB), including its airport code, type, and practical operational details, highlighting its status as a non-customs airport. It recommends using the West Coast Cargo's three-letter code lookup system to help air transport professionals efficiently obtain global airport information and optimize air transport processes. This system is particularly useful for quickly finding key details like airport codes and operational specifics for airports like Warrnambool, facilitating smoother logistics.

Explaining Key Concepts in International Cargo Transport

Explaining Key Concepts in International Cargo Transport

This article provides a detailed analysis of the concepts and distinctions between goods in transit, transshipment goods, and through transport goods. Through case studies and comparative tables, it aims to help readers understand these three different modes of cargo transportation and enhance their professional knowledge in international trade and logistics. The comparison highlights key differences in customs procedures, liability, and documentation requirements for each type of shipment, providing a comprehensive overview for practitioners in the field.

Guide to Accurate Irrevocable Documentary Credit Applications

Guide to Accurate Irrevocable Documentary Credit Applications

This article provides a detailed interpretation of the irrevocable letter of credit within the standard documentary credit issuing format, focusing on key filling points. It covers the standardized representation of the letter of credit type, number, issuing location, and date. The importance of accurately completing the letter of credit format to ensure the smooth execution of international trade is emphasized. Correctly filling out the format is crucial for safeguarding international trade transactions and preventing potential disputes.

Guide to Trade Opportunities at Aitutakis Arutanga Harbour

Guide to Trade Opportunities at Aitutakis Arutanga Harbour

This article focuses on Avarua Harbour in the Cook Islands, detailing its geographical location, port type, shipping lines, and UN/LOCODE. It also briefly lists other significant seaports in the Cook Islands. The aim is to provide readers with a port selection reference for South Pacific trade, facilitating smooth trade routes. The information presented aids in understanding the logistical aspects of shipping within the Cook Islands and offers valuable insights for businesses involved in international trade in the region.