Sri Lankas Rupee Weakens Amid Banking Crisis

Sri Lankas Rupee Weakens Amid Banking Crisis

This article delves into the exchange rate of the Sri Lankan Rupee (LKR), the banking information, and its daily economic applications. It reveals the market performance and development potential of the Rupee, providing practical insights for individuals looking to understand the Sri Lankan economy.

Global Shipping Costs Surge for Bulk Cargo Shippers

Global Shipping Costs Surge for Bulk Cargo Shippers

This article provides an in-depth analysis of international LCL (Less than Container Load) ocean freight rates. It details various calculation methods for basic freight (based on weight tons, volume, ad valorem, etc.) and different types of surcharges, such as overweight charges, port congestion surcharges, and bunker adjustment factors (BAF). The article also offers practical advice on reducing ocean freight costs, helping shippers make informed decisions and optimize their logistics expenses. This aims to empower cargo owners to smartly manage and minimize their overall shipping costs.