Gabon Unveils Lucina Terminal As Key Oil Export Hub

Gabon Unveils Lucina Terminal As Key Oil Export Hub

Lucina Terminal, a significant oil export port in Gabon, is located near Mayumba in Nyanga Province. It is known for its unrestricted draft and efficient oil loading capabilities. Operating 24 hours a day, this port is a crucial hub for Gabon's oil economy, and understanding it provides insight into the country's overall economic situation. Other important Gabonese ports, such as Cape Lopez and Port-Gentil, also support the nation's foreign trade. The port plays a vital role in the West African shipping landscape due to its strategic location and oil handling capacity.

09/29/2025 Port Encyclopedia
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US Trade Deficit Widens Amid Tariff Disputes Weak Investment

US Trade Deficit Widens Amid Tariff Disputes Weak Investment

Bloomberg predicts the US trade deficit will hit a record high in May, with the total deficit for the first five months far exceeding levels during the pandemic. A surge in exports from several Asian countries to the US is potentially linked to the temporary expiration of US 'reciprocal tariffs.' Uncertainty surrounding tariff policies has led to a decline in foreign investment inflows into the US. Economists warn this could hinder economic growth. The US needs to carefully consider its tariff policies and strengthen international cooperation to mitigate potential negative consequences.

11/03/2025 Logistics Industry Insights
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Shipping Surcharges Significantly Reduced, Easing Burden on Export Enterprises

Shipping Surcharges Significantly Reduced, Easing Burden on Export Enterprises

With the government's cleanup of fees related to import and export processes, shipping companies have begun to reduce additional charges, lightening the economic burden on export enterprises. Investigations revealed that several shipping companies were imposing unreasonable fees, prompting the government to enforce standardized pricing. These measures are expected to alleviate over 200 million yuan in annual costs for China's export enterprises, with the Port of Qingdao alone seeing a reduction of 16 million yuan each year. Such actions will improve market order and support sustained growth in foreign trade.

07/21/2025 Logistics
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Logistics Firm Diyi Boosts Global Ecommerce with Crossborder Services

Logistics Firm Diyi Boosts Global Ecommerce with Crossborder Services

Diyi International Logistics, deeply rooted in the international logistics field, provides one-stop services such as international dedicated lines, overseas warehouses, and FBA first leg transportation for cross-border e-commerce sellers, foreign trade companies, and individual users, based on a "stable operation, global coverage" strategy. This assessment analyzes its company background, service advantages, dedicated line and overseas warehouse layout, timeliness, and domestic pick-up capabilities to evaluate Diyi Logistics' unique value and market competitiveness in the global logistics landscape. The company aims to provide reliable and efficient logistics solutions for its customers.

12/31/2025 Logistics Industry Insights
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CH Robinsons Crossborder Ecommerce Logistics Service Efficiency Costs

CH Robinsons Crossborder Ecommerce Logistics Service Efficiency Costs

This article provides an in-depth analysis of the services, reliability, delivery time, pickup area, package size requirements, and pricing standards of Shanghai Robinson International Freight Co., Ltd. It also compares its advantages with the industry, aiming to help cross-border e-commerce sellers and foreign trade enterprises choose suitable international logistics partners. The goal is to optimize logistics costs and improve operational efficiency. The analysis helps businesses make informed decisions regarding their international shipping needs and select a provider that aligns with their specific requirements and budget.

12/30/2025 Logistics
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Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia has officially joined the Revised Kyoto Convention, becoming its 116th contracting party, marking a significant step in its trade facilitation efforts. The Convention, considered the "gold standard" for global trade facilitation, promotes international trade development through simplified customs procedures and increased transparency. The World Customs Organization encourages more countries to join, working together to build an open and efficient global trade system. This accession highlights Georgia's commitment to streamlining trade processes and fostering economic growth through adherence to international standards.

01/08/2026 Customs Knowledge
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Africas Air Cargo Sector Seeks Solutions to Growth Bottlenecks

Africas Air Cargo Sector Seeks Solutions to Growth Bottlenecks

The African air cargo market faces challenges such as trade barriers and geopolitical conflicts. However, industry leaders suggest measures like resource integration, manufacturing development, and the construction of secondary airports to enhance market growth potential and efficiency. The trade relationship between Africa and East Asia has shown strong growth, indicating significant future development opportunities.

08/06/2025 Logistics Industry Insights
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WCO and UN Push for Global Trade Data Standardization

WCO and UN Push for Global Trade Data Standardization

The World Customs Organization (WCO) recommends that its member customs administrations transmit trade data based on the Harmonized System (HS) to the United Nations Statistics Division (UNSD). This aims to promote the standardization and interoperability of global trade data. This initiative is significant for improving data quality, strengthening international cooperation, promoting trade facilitation, and fostering sustainable development. Ultimately, it contributes to building a new landscape for global trade data sharing.

11/03/2025 Customs Knowledge
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Global Trade Experts Gather at WCO Academy in Brussels

Global Trade Experts Gather at WCO Academy in Brussels

The 3rd WCO Knowledge Academy successfully took place in Brussels, gathering 155 customs and trade professionals from 50 countries. The two-week intensive training covered traditional customs topics, trade facilitation, security frameworks, and featured a special “Women in Leadership” workshop. The WCO Secretary General personally presented certificates, recognizing the participants' achievements. The Knowledge Academy promoted international exchange and cooperation in the field of customs and trade, contributing to global trade development.

12/30/2025 Customs Knowledge
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