Shipping Lines Face Calls for Transparency After Hanjin Collapse

Shipping Lines Face Calls for Transparency After Hanjin Collapse

Following the Hanjin Shipping bankruptcy, shippers' demand for financial transparency in shipping companies has surged, with risk assessment tools like Z-score gaining prominence. Information asymmetry and regulatory gaps pose challenges. Shippers need to enhance due diligence, leverage third-party assessments, negotiate contractual clauses, and establish industry alliances. Diversifying carriers, exploring alternative options, optimizing inventory, and strengthening communication are effective risk management strategies. The shipping industry is moving towards greater transparency, regulation, and sustainability.

01/29/2026 Logistics Industry Insights
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Guide to Remote Bill of Lading Simplifies International Shipping

Guide to Remote Bill of Lading Simplifies International Shipping

From a data analyst's perspective, this paper delves into the operational procedures, risk control essentials, and pre-issuance preparations for international ocean remote bill of lading signing. It emphasizes the importance of information symmetry, accurate data entry, and timely settlement. Furthermore, it proposes risk prevention measures aimed at assisting companies in conducting international trade efficiently and securely. The analysis focuses on streamlining the process and mitigating potential issues associated with remote bill of lading transactions.

01/30/2026 Logistics Encyclopedia
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Guide to Avoiding Costly Trade Errors With Incoterms

Guide to Avoiding Costly Trade Errors With Incoterms

This article provides an in-depth analysis of core maritime abbreviations used in foreign trade. Through case studies, risk mitigation strategies, and the establishment of standardized application systems, it aims to enhance practitioners' ability to use abbreviations effectively, reduce communication costs and risks in cross-border logistics, and ultimately improve companies' competitiveness in international logistics. It focuses on practical application and risk management, offering actionable insights for professionals involved in international shipping.

01/30/2026 Logistics Encyclopedia
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Shipping Class 52 Hazardous Materials Key Challenges and Guidelines

Shipping Class 52 Hazardous Materials Key Challenges and Guidelines

This article shares practical experience in exporting Class 5.2 dangerous goods by sea, provided by a seasoned freight forwarder. It details key aspects like vessel selection, booking, warehousing, declaration, and customs clearance, highlighting crucial points to note. Specific solutions are offered for handling the unique conditions at Yangshan Port. This guide helps you avoid pitfalls and achieve efficient customs clearance for your dangerous goods shipments.

01/06/2025 Logistics Encyclopedia
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Maersk Enhances Customer Service for Efficient Cargo Handling

Maersk Enhances Customer Service for Efficient Cargo Handling

This article provides a detailed overview of the customer service inquiry, container guarantee application, and cargo pick-up process after booking with Maersk. It emphasizes strategies for dealing with overbooking situations, tips for using the Maersk website, and important considerations for inland transportation. The aim is to offer practical operational guidance for foreign trade professionals, covering key aspects from booking confirmation to final delivery and highlighting best practices for efficient and effective cargo management.

08/23/2025 Logistics Encyclopedia
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Beijing Air Export: Key Customs Documentation for General Trade

Beijing Air Export: Key Customs Documentation for General Trade

This article details the key considerations for air freight customs clearance in general trade in Beijing, including required documents, invoice considerations, and important points for filling out customs declaration forms. Understanding this information can help businesses ensure smooth customs clearance, reduce trade risks, and promote development in international trade.

07/28/2025 Customs Knowledge
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Missed Customs Cutoff Shipping Delays Loom for Late Cargo

Missed Customs Cutoff Shipping Delays Loom for Late Cargo

The sea freight cut-off time is crucial for timely shipment. Theoretically, terminals stop receiving laden containers after the cut-off. However, actual operations are affected by shipping company policies, terminal capabilities, and cargo specifics. If delays occur, communicate with the shipping company promptly and consider expedited services or transshipment. Remember to plan ahead to avoid passive situations after the cut-off and ensure smooth cargo shipment. Proactive planning is key to avoiding issues and guaranteeing on-time delivery.

02/03/2026 Logistics Encyclopedia
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Guide to Safe Export of Nndimethylcyclohexylamine

Guide to Safe Export of Nndimethylcyclohexylamine

This article details the precautions and required documents for the sea freight export of N,N-Dimethylcyclohexylamine (CAS No.: 98-94-2), covering aspects such as booking, customs declaration, and dangerous goods declaration. It emphasizes the specific requirements of Shanghai Port for the transportation of dangerous goods, aiming to assist readers in successfully completing the sea freight export of this hazardous chemical. The information provided is crucial for ensuring compliance and smooth execution of the export process.

06/29/2024 Logistics Encyclopedia
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Guide to Fire Extinguisher Export Compliance and Shipping

Guide to Fire Extinguisher Export Compliance and Shipping

This article provides a detailed overview of the necessary documentation for exporting fire extinguishers via sea freight. It covers basic documents, dangerous goods documents, and other potentially required paperwork. A thorough explanation of the Dangerous Goods Packing Certificate, cylinder certificate, and limited quantity certificate is included. The importance of proper packaging and labeling is emphasized. The article also offers helpful tips to assist exporting companies in successfully navigating the sea freight export process for fire extinguishers.

10/16/2024 Logistics Encyclopedia
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Guide to Streamlining Formaldehyde Shipping to Durban

Guide to Streamlining Formaldehyde Shipping to Durban

This article details the operational requirements for LCL sea freight export of Formaldehyde Solution (UN2209) to Durban. It covers key aspects such as shipping schedules, dangerous goods LCL regulations, booking information, warehousing procedures, customs clearance documents, bill of lading confirmation, and port entry arrangements. The aim is to provide customers with a safe, efficient, and convenient one-stop service for exporting Formaldehyde Solution via LCL sea freight to Durban, ensuring compliance and smooth execution throughout the entire process.

04/08/2025 Logistics Encyclopedia
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