Luanda Port is the main shipping gateway of Angola, located in the Bay of Bengo on the northwest coast. It features modern facilities and convenient transportation connections, providing crucial support for international trade.
Palmeira Port is a medium-sized barge port located on the western side of Sal Island in Cape Verde, playing a crucial role as a shipping hub. The port accommodates various types of vessels, with a maximum length of 171 meters and a maximum draft depth of 7.5 meters, ensuring efficient transportation connections to West Africa.
The Tembrolad Port, located in Trinidad and Tobago, is an ideal commercial port with a maximum draft of 10.97 meters, flexible tidal variations, and strict environmental regulations. Additionally, it offers a complete set of maritime services and international support, ensuring that every voyage is safe and worry-free.
Nuku'alofa, the capital of Tonga, boasts a rich historical culture and a thriving port economy. The port can accommodate ships of up to 10,000 tons, linking the South Pacific with New Zealand and exporting products like copra and bananas, showcasing local crafts and culture. This monarchic city attracts people to explore and reflect upon its relaxed lifestyle and abundant historical sites.
COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.
In recent years, domestic logistics giants have been exploring franchising models. Tian Di Hua Yu, Deppon Logistics, and Jiajilogistics have launched new strategies to expand their markets. Tian Di Hua Yu plans to open 3,000 new stores in the next three years, Deppon has initiated a partnership program, and Jiajilogistics is conducting franchise recruitment. These innovative models not only provide opportunities for entrepreneurs but also drive the logistics industry toward greater efficiency and closer alignment with market needs.
The WCO's 'Global Green Customs Conference' brought together experts in trade, customs, and environment to discuss border environmental protection. The conference focused on topics such as the circular economy, waste trade, timber trade, and HS code classification, emphasizing the crucial role and responsibility of customs in promoting green trade, combating illegal trade, and building a sustainable future. The conference aimed to strengthen international cooperation, raise public awareness, and collectively address global environmental challenges.
To help developing countries fully leverage the potential of the WTO's Trade Facilitation Agreement (TFA), multiple international organizations and development partners reaffirmed their commitment to providing comprehensive and coordinated support. This includes technical assistance, capacity building, and financial support aimed at streamlining trade procedures, reducing trade costs, and improving trade efficiency. The ultimate goal is to promote fairness and prosperity in the global economy by enabling smoother and more accessible trade processes for all nations.
E2open has been recognized as a Leader in the IDC MarketScape for Worldwide Trade Management Applications. The company offers comprehensive trade compliance automation solutions, including customs filing and self-filing capabilities, backed by one of the world's most comprehensive trade content libraries. Download the IDC MarketScape report to learn how E2open helps businesses succeed in global trade.
The World Customs Organization (WCO) actively showcases its contribution to enhancing supply chain efficiency and harmonizing border management in the WTO's Aid for Trade Global Review, emphasizing the importance of trade facilitation. Through its tools, projects, and capacity building programs, the WCO consistently supports its members in simplifying customs procedures, strengthening supply chain security, and promoting global trade facilitation, thus contributing to the prosperity of global trade.
