Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.

07/21/2025 Logistics Industry Insights
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Choosing Shipping Companies and Considerations in Bill of Lading Processing on Southeast Asia Routes

Choosing Shipping Companies and Considerations in Bill of Lading Processing on Southeast Asia Routes

This article discusses the requirements of different shipping companies in the Southeast Asia routes regarding bill of lading processing. It highlights that most shipping companies allow handling according to the actual cargo, reducing the demand for container seal numbers and gross weight. It also emphasizes the importance of confirming the bill of lading processing method with the shipping company before operations to effectively address the complexities in freight forwarding business.

07/18/2025 Logistics Encyclopedia
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Port Congestion A New Round of Challenges in Supply and Demand Conflicts

Port Congestion A New Round of Challenges in Supply and Demand Conflicts

Despite declining revenues in the shipping market, port congestion remains a persistent issue that is not easily alleviated. Data indicates that a significant number of bulk carriers and container ships continue to wait for loading and unloading, impacting global freight. The congestion problems in the U.S. and Europe have worsened due to the pandemic, economic fluctuations, and labor shortages, serving as a crucial barometer for macroeconomic and geopolitical conditions.

07/24/2025 Logistics Industry Insights
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Guide to Barium Chloride LCL Exports Via Keelung

Guide to Barium Chloride LCL Exports Via Keelung

This document details the operational procedures and precautions for LCL ocean export of Barium Chloride to Keelung. It covers key aspects such as booking preparation, warehousing operations, customs declaration documents, container loading & ocean freight, and Bill of Lading requirements. This aims to provide a practical guide for relevant practitioners, ensuring the safe and timely arrival of goods. The guide emphasizes adherence to regulations and best practices for a smooth and compliant export process.

08/08/2024 Logistics Encyclopedia
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Guide to FCL Export Costs in Ocean Freight

Guide to FCL Export Costs in Ocean Freight

This article provides a detailed analysis of various costs associated with FCL (Full Container Load) shipping, including ocean freight, port handling charges, and fuel surcharges. It also addresses the specific requirements for shipping dangerous goods. Furthermore, the article offers guidance on selecting FCL shipping providers, aiming to help foreign trade companies reduce costs and improve efficiency. The information is designed to assist businesses in navigating the complexities of FCL export and optimizing their shipping strategies.

08/22/2025 Logistics Encyclopedia
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Maersk Enhances Ocean Freight Tracking for Global Shipping

Maersk Enhances Ocean Freight Tracking for Global Shipping

This article provides a detailed guide on how to track sea freight shipment details on the Maersk platform. It covers steps such as logging into your account, using the tracking tool, viewing cargo binders, monitoring container information, and understanding shipping instructions. By mastering these methods, users can easily obtain real-time updates on their cargo's status and respond promptly to unforeseen circumstances, ensuring the safe and timely arrival of goods at their destination.

09/28/2025 Logistics Encyclopedia
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Guide to Choosing Between 20GP and 40HQ Shipping Containers

Guide to Choosing Between 20GP and 40HQ Shipping Containers

This article provides an in-depth analysis of the cost structure, time-sensitive risks, and cargo suitability of 20GP and 40HQ containers in international shipping. By combining practical application scenarios, it offers professional selection strategies to help businesses optimize international shipping solutions, reduce logistics costs, and improve supply chain efficiency. The focus is on providing actionable insights for choosing the right container type to minimize expenses and maximize efficiency in international freight transport.

12/30/2025 Logistics Encyclopedia
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US Container Imports Rise As Consumer Demand Stays Strong

US Container Imports Rise As Consumer Demand Stays Strong

S&P Global Market Intelligence data shows US import container freight volume increased by 13.4% year-on-year in September, marking the 13th consecutive month of growth. Strong consumer demand is driving the surge, while capital goods investment shows signs of slowing. Looking ahead to Q1 2025, a 4.1% increase is projected. The supply chain presents both challenges and opportunities, highlighting the need for businesses to enhance resilience and adapt to evolving market dynamics.

01/15/2026 Logistics
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Rail Freight Industry Faces Challenges Amid Recovery Efforts

Rail Freight Industry Faces Challenges Amid Recovery Efforts

This paper delves into the challenges and opportunities facing the current rail freight and container intermodal transportation market. The impact of the pandemic and supply chain disruptions have led to decreased service levels and significant congestion. Despite strong demand, the road to recovery is fraught with uncertainty. Key issues such as technological innovation, railway mergers, pricing strategies, and future development trends are analyzed in detail, providing valuable insights for shippers and industry stakeholders.

01/19/2026 Logistics Industry Insights
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US Imports Drop Sharply in May Amid Trade Tensions China Hit Hardest

US Imports Drop Sharply in May Amid Trade Tensions China Hit Hardest

A Descartes report reveals a significant drop in U.S. container imports in May, with China freight experiencing a record decline due to trade friction and tariffs. The share of East Coast and Gulf Coast ports increased, while West Coast ports saw a decrease, indicating a profound shift in trade patterns. The impact of ongoing trade disputes is clearly visible in the reduced import volumes and the changing dynamics between different port regions.

01/20/2026 Logistics
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