Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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Santos North Sea Ports Partner for Green Shipping Corridor

Santos North Sea Ports Partner for Green Shipping Corridor

The Port of Santos (Brazil) and North Sea Port (Europe) have signed a five-year cooperation agreement to establish a green shipping corridor. This partnership aims to promote the use of clean energy, technological innovation, and the development of a circular economy. The agreement seeks to create sustainable maritime routes in line with global decarbonization goals. By fostering collaboration and sharing best practices, both ports aim to contribute significantly to the sustainable development of the global maritime industry.

11/03/2025 Port Encyclopedia
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Chinas Ports Lead Global Efficiency Amid Supply Chain Shifts

Chinas Ports Lead Global Efficiency Amid Supply Chain Shifts

The latest Container Port Performance Index (CPPI) reveals strong performance by Chinese ports, with Shanghai Yangshan and Ningbo ports returning to the Top 10. The report highlights the resilience of East Asian ports and the ability of Chinese ports to cope with the pandemic. Digitalization and green fuels are identified as key to port modernization. Inefficient ports pose a risk to developing countries, making investments in infrastructure and technology crucial for improvement and sustained economic growth.

01/04/2026 Logistics
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Chinaus Ocean Freight Transit Times and Key Factors Explained

Chinaus Ocean Freight Transit Times and Key Factors Explained

This article provides an in-depth analysis of various factors affecting shipping time from China to the United States, including the port of origin, destination port, choice of shipping company, route arrangement, and potential unforeseen circumstances. By understanding these key points, businesses and individuals can more effectively plan logistics, optimize their supply chains, and reduce potential transportation risks. This knowledge empowers informed decision-making and improved control over the China-US ocean freight process.

11/03/2025 Logistics Encyclopedia
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Inside Yangshan Ports Efficient Customs Clearance Process

Inside Yangshan Ports Efficient Customs Clearance Process

Unveiling the industry secrets behind the 'load first, ticket later' phenomenon at Yangshan Port. This explores potential causes such as information delays, unconventional operations, and checkpoint errors. It offers a guide to avoid pitfalls, helping you choose reliable freight forwarders, communicate effectively, and verify information to ensure smooth cargo entry and secondary release. It emphasizes the importance of proactive communication and diligent information verification to navigate the complexities of Yangshan Port logistics and prevent potential complications.

08/22/2025 Customs Knowledge
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Key Differences Between Ports and Docks Explained

Key Differences Between Ports and Docks Explained

This article delves into the concepts of ports and docks, clarifying their distinctions. A port is a comprehensive water transportation hub, encompassing both waterways and land-based facilities. A dock, on the other hand, is a core component of a port, specifically designed for vessel berthing and cargo handling. Understanding the differences between these two terms is crucial for a deeper comprehension of how water transportation systems function and operate efficiently.

09/26/2025 Port Encyclopedia
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Newark Port A Comprehensive Overview of a Trade Hub on the US East Coast

Newark Port A Comprehensive Overview of a Trade Hub on the US East Coast

Newark Port serves as a major automotive and timber import hub on the East Coast of the United States, boasting a strategic location that links New York with international markets. It is not only an industrial center for Delaware but also plays a significant role in the economic development of the U.S. This article provides an in-depth analysis of the geographic, economic, and historical background of Newark Port.

07/24/2025 Port Encyclopedia
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Yantai Port's First Domestic North-south Main Line Officially Launches, Promoting Regional Economic Development

Yantai Port's First Domestic North-south Main Line Officially Launches, Promoting Regional Economic Development

The first self-operated domestic trade mainline of Yantai Port, connecting Jinzhou-Yantai-Quanzhou, has officially commenced, successfully arriving after a six-day journey. This route will significantly enhance import and export volumes in the Bohai Bay, promote a positive cycle between main and branch lines, and establish a direct connection between Yantai and Quanzhou, thus aiding regional economic development and increasing the market competitiveness of Yantai Port.

10/21/2023 Logistics
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Smart Ports The Transformation Path for Future Logistics

Smart Ports The Transformation Path for Future Logistics

Smart ports leverage technologies like artificial intelligence and the Internet of Things to enhance logistics efficiency, safety, and sustainability. In the next five years, it is anticipated that over half of new port projects will be automated, resulting in a cost reduction of 25%-55%. Despite challenges such as high costs and extreme weather, the prospects for smart port development remain promising. Strategic investments are expected to strengthen infrastructure and capacity, driving continuous progress in the industry.

07/22/2025 Logistics
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Freight Forwarders Face Key Customs Clearance Cutoff Times

Freight Forwarders Face Key Customs Clearance Cutoff Times

This article delves into the concept of cut-off time, differentiating between goods within and outside the bonded area. Using Shanghai Port as an example, it details the cut-off operation procedures for various ports. Furthermore, it provides practical advice on avoiding cut-off risks, assisting freight forwarders in efficient customs clearance and preventing unnecessary losses. The article aims to clarify the complexities surrounding cut-off times and empower freight forwarders to navigate port operations more effectively.

08/23/2025 Customs Knowledge
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