Global Trade Relies on Cargo Insurance as Risks Grow

Global Trade Relies on Cargo Insurance as Risks Grow

This article discusses the main forms of insurance documents in international freight, including insurance policies, insurance certificates, and combined certificates, along with their specific contents and functions. Insurance serves as a crucial tool for safeguarding the economic interests of both buyers and sellers in international trade, especially under CIF terms, where the seller is responsible for insuring the goods. Understanding these documents enhances the security and efficiency of trade.

07/28/2025 Document Interpretation
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Chizhou Jiuhuashan Airport Boosts Anhui's Regional Connectivity

Chizhou Jiuhuashan Airport Boosts Anhui's Regional Connectivity

Chizhou Jiuhuashan Airport, located in Anhui Province, is an important civil airport planned in two phases for the short and long term, aimed at increasing passenger throughput and flight frequency. Since its operation began in 2013, it has launched several main routes and has maintained a good safety record. In the future, the airport will actively develop more routes to enhance service capacity and support regional economic development.

07/29/2025 Logistics
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Minangkabau Airport Boosts West Sumatra's Regional Connectivity

Minangkabau Airport Boosts West Sumatra's Regional Connectivity

Padang Minangkabau International Airport is a significant international airport located in Padang City, West Sumatra, Indonesia. Built in 2001 and opened in 2005, the airport covers an area of 427 hectares and has a runway capable of accommodating large aircraft. As Indonesia's second-largest airport, it serves approximately 1.3 million passengers annually, primarily focusing on flights within Southeast Asia. This airport provides essential support to the local economic development.

07/29/2025 Logistics
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Roland Garros Airport Boosts Réunion Island's Global Connectivity

Roland Garros Airport Boosts Réunion Island's Global Connectivity

Roland Garros Airport on Reunion Island is a modern international airport located 7 kilometers east of Saint-Denis, named after the famous aviator Roland Garros. The airport features a 3,200-meter runway, serving regions in Africa, Europe, and Asia-Pacific, promoting the economic and tourism development of Reunion Island. Since its establishment in 1951, the airport facilities have continuously improved, making it a crucial gateway to this beautiful island.

07/29/2025 Airport Codes
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Namibia Boosts Trade with Wcobacked Stakeholder Talks

Namibia Boosts Trade with Wcobacked Stakeholder Talks

WCO held a workshop in Namibia to support its implementation of the WTO's Trade Facilitation Agreement and enhance its National Committee on Trade Facilitation (NCTF) capabilities. The workshop emphasized the importance of stakeholder engagement and leveraging international best practices to promote trade facilitation. It aimed to provide Namibia with the necessary tools and knowledge to streamline its trade processes, reduce costs, and improve efficiency, ultimately boosting its economic competitiveness.

01/05/2026 Customs Knowledge
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WCO IATA Boost Air Cargo Security and Efficiency

WCO IATA Boost Air Cargo Security and Efficiency

The WCO collaborates with IATA to enhance the security and efficiency of air cargo. The WCO emphasizes cooperation in combating illicit trade, promoting digital customs, and advancing risk management practices. This partnership aims to streamline air cargo processes while ensuring compliance and security, ultimately facilitating global trade and economic growth. The focus is on leveraging technology and collaboration to create a more secure and efficient air cargo environment.

01/05/2026 Logistics Industry Insights
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ADB WCO Enhance Asian Trade Via Customs Reforms

ADB WCO Enhance Asian Trade Via Customs Reforms

The Asian Development Bank (ADB) and the World Customs Organization (WCO) are strengthening their collaboration to enhance trade facilitation in Asia. This partnership focuses on adopting WCO standards, promoting customs modernization, and fostering regional cooperation. The aim is to build an efficient, transparent, and secure trading environment, ultimately contributing to regional economic prosperity. The collaboration will involve joint efforts to implement best practices and streamline customs procedures across the region.

12/30/2025 Customs Knowledge
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Philippines Kenya Simplify Customs to Boost Trade

Philippines Kenya Simplify Customs to Boost Trade

In 2010, the Philippines and Kenya acceded to the Revised Kyoto Convention, signifying their commitment to simplifying customs procedures and promoting international trade facilitation. The Convention aims to enhance trade efficiency, reduce costs, and foster global economic growth through streamlined processes, the application of information technology, risk management, and strengthened cooperation. The promotion and effective implementation of the Convention are crucial for building a more open and interconnected global trading system.

12/30/2025 Customs Knowledge
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Chinas Free Trade Zones Outpace National Growth in Q1 2025

Chinas Free Trade Zones Outpace National Growth in Q1 2025

In Q1 2025, China's Free Trade Zones (FTZs) saw a 2.2% increase in import and export volume, surpassing the national average. The Ministry of Commerce plans to deepen reforms, benchmark against international high standards, explore institutional opening-up, support industrial innovation, and optimize regional layout. These efforts aim to further enhance the role of FTZs in China's overall opening-up strategy and contribute to higher-quality economic development.

05/19/2025 Logistics
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New Lanzhoumoscow Air Freight Route Enhances Chinarussia Trade

New Lanzhoumoscow Air Freight Route Enhances Chinarussia Trade

The launch of the "Lanzhou-Moscow" international cargo route marks a significant step for Gansu Province in building an air freight corridor to Russia. This route will operate regularly, primarily transporting high-value-added goods, greatly improving the transportation efficiency between the Northwest region and Russia and neighboring countries. It injects new momentum into regional economic development and provides more stable and efficient logistics services for China-Russia trade.

12/30/2025 Logistics
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