Exploring Porto Grande An Overview of Cape Verdes Vital Maritime Hub

Exploring Porto Grande An Overview of Cape Verdes Vital Maritime Hub

Grande Port is located on São Vicente Island in Cape Verde, just 455 kilometers from the west coast of Africa, serving as a key maritime hub. The port features 11 cargo berths and 3 ferry berths, handling 2,280 vessels and 652,000 tons of cargo annually. It primarily imports fuel and exports local specialty products, highlighting its crucial role in international trade.

Jiaxing Port Container Throughput Hits New High, Surpassing 1 Million Teus

Jiaxing Port Container Throughput Hits New High, Surpassing 1 Million Teus

In 2023, Jiaxing Port achieved a remarkable container throughput of 1.089 million TEUs in the first 11 months, marking a 4.1% increase. Foreign trade containers grew by 7.8%. With the support of Dushan Wharf, the throughput at Dushan Port Area significantly increased by 76.8%. Additionally, the development of inland waterways has injected new vitality into container transportation, seeing an increase of over 100%.

12/18/2023 Logistics
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Banco Econmico Angola SWIFT Codes Ease Global Transfers

Banco Econmico Angola SWIFT Codes Ease Global Transfers

Banco Economico (Angola) uses the SWIFT code BESCAOLUXXX for international money transfers. It is crucial to verify this information and choose secure channels when sending or receiving funds internationally. Always double-check the details with the bank or recipient to avoid errors or potential fraud. Using a correct and verified SWIFT code ensures that your international transactions are processed smoothly and efficiently by Banco Economico.

Hibret Bank Ethiopia Simplifies SWIFT Codes for International Transfers

Hibret Bank Ethiopia Simplifies SWIFT Codes for International Transfers

Hibret Bank's SWIFT code UNTDETAAXXX is used for international money transfers to Ethiopia. It's crucial to verify this information and understand the bank's procedures for handling errors and required information for receiving funds. This ensures secure and efficient international remittances to Hibret Bank in Ethiopia. Double-checking details with the sending and receiving banks is highly recommended to avoid delays or complications with the transfer process.

Amazon Hosts Spring Salon to Aid Crossborder Sellers

Amazon Hosts Spring Salon to Aid Crossborder Sellers

Buyun.com will host the Amazon Business Spring Salon in Shenzhen on February 27, 2025, aiming to help cross-border e-commerce sellers unlock the secrets of enterprise-level order procurement and double their orders. The event will invite Amazon official managers, brand team managers, and lecturers to share BTD models, order doubling strategies, and release exclusive welfare policies for sellers, providing interactive communication opportunities.

US Freight Volume Drop Signals Economic Slowdown Concerns

US Freight Volume Drop Signals Economic Slowdown Concerns

The US Cass Freight Index indicates a decline in both freight volume and expenditures in November, suggesting potential downward pressure on the economy. Freight volume serves as an economic barometer, and its continued weakness warrants attention. Data from the coming months will be crucial in assessing the severity and duration of this trend. The double-digit declines raise concerns about a possible economic slowdown or recession.

Evergreen Marine Orders 32B LNG Fleet to Boost Green Shipping

Evergreen Marine Orders 32B LNG Fleet to Boost Green Shipping

Evergreen Marine has announced an investment of $3.245 billion to order 11 ultra-large 24,000 TEU LNG dual-fuel container ships in South Korea and China. This initiative aims to enhance energy diversification, leverage LNG technology advantages, and strengthen international competitiveness. This move marks a significant step for Evergreen Marine towards green shipping and will further expand its fleet size to adapt to the changing market demands.

08/04/2025 Logistics
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MDL to USD Exchange Rate Trends Historical Data Analysis

MDL to USD Exchange Rate Trends Historical Data Analysis

This article analyzes the current exchange rate of the Moldovan Leu (MDL) against the US Dollar (USD) and its historical fluctuations. As of August 11, 2025, the MDL to USD exchange rate stands at 0.058974. The study reviews the volatility over the past year, highlighting the significance of various economic factors influencing the exchange rate, and advises investors to stay informed about the currency trends.

Understanding Delivery Terms in International Trade — Incoterms®

Understanding Delivery Terms in International Trade — Incoterms®

Incoterms® are essential delivery terms in international commerce that clarify the rights and obligations of buyers and sellers. Developed by the International Chamber of Commerce, they help businesses avoid misunderstandings during the delivery of goods. The current version, revised in 2019, includes 11 terms applicable to various modes of transport. Understanding these terms is crucial for ensuring the smooth operation of international trade.

USPS Expands Sorting Centers to Speed Holiday Deliveries

USPS Expands Sorting Centers to Speed Holiday Deliveries

To handle the holiday surge in package volume, USPS will open 11 new sorting centers, optimizing processes and improving efficiency. This initiative is a key part of the "Delivering for America" plan, aimed at modernizing and streamlining the postal service's operations. The new centers will help expedite package delivery and reduce potential delays during peak season, ensuring a smoother and more reliable shipping experience for customers.

01/08/2026 Logistics
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