China Eximbank Boosts Shipping Sector with Financial Innovation

China Eximbank Boosts Shipping Sector with Financial Innovation

The Export-Import Bank of China supports Mediterranean Shipping Company's procurement of Chinese shipping containers through export buyer's credit, deepening their cooperation. The bank's innovative "China Model" ship financing solution provides financial services for foreign shipowners ordering Chinese ships, promoting the export of high value-added containers and upgrading the shipping industry chain. This enhances the international competitiveness of Chinese manufacturing by facilitating the export of ships and containers.

09/26/2025 Logistics
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Maersk Launches Platform to Streamline Container Fee Management

Maersk Launches Platform to Streamline Container Fee Management

The Maersk platform introduces a self-service feature, empowering authorized users to easily query import container demurrage and detention information, including free days and deadlines. This functionality aims to help customers better plan cargo pickup and container return times, avoiding unnecessary charges and optimizing logistics processes, ultimately reducing operational costs. Through the Maersk platform, users can clearly understand the basis for fee calculations, enabling refined management and improved profitability.

09/28/2025 Logistics Encyclopedia
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Maersk Launches Inland Transport Tracking Service

Maersk Launches Inland Transport Tracking Service

This article provides a detailed guide on how to track inland transportation details on the Maersk platform. It covers steps such as logging into your account, locating your cargo, and viewing container information and transport instructions. Furthermore, it clarifies which parties involved in export and import shipments can access these transport details. The aim is to help users easily understand and manage their cargo information within the Maersk system.

09/28/2025 Logistics Encyclopedia
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Bangladeshs Cargo System Enhances Global Trade Efficiency

Bangladeshs Cargo System Enhances Global Trade Efficiency

To improve international trade efficiency, Bangladesh has implemented an Advance Manifest system, requiring carriers to submit manifests 24 hours before vessel departure. This initiative aims to enhance customs clearance efficiency, reduce trade costs, and strengthen security controls through pre-processing. Shippers are required to cooperate by submitting accurate shipping instructions. This system is expected to significantly contribute to trade facilitation and streamline the import/export process for Bangladesh.

09/28/2025 Logistics
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Streamlining Customs Declarations for Smoother Global Trade

Streamlining Customs Declarations for Smoother Global Trade

Customs declaration is a crucial step in the customs clearance process for import and export goods, serving as a formal statement of the goods' type, quantity, and value. Accurate and compliant declarations help businesses fulfill their legal obligations, expedite clearance, avoid legal risks, and provide data support for national trade statistics. It is typically handled by customs brokers or freight forwarding companies. Accurate declaration is the key to smooth international trade.

11/03/2025 Customs Knowledge
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WCO Issues Guidance for Consistent HS Commodity Classification

WCO Issues Guidance for Consistent HS Commodity Classification

The World Customs Organization (WCO) recommendations promote the implementation of Harmonized System (HS) resolutions, facilitating global trade and compliance. These recommendations, often discussed within the HS Committee, aim to provide clarity and consistency in customs classification. By adhering to WCO guidelines and HS resolutions, countries can streamline import and export processes, reduce trade barriers, and ensure accurate tariff application. This ultimately contributes to a more efficient and transparent international trading environment.

11/03/2025 Customs Knowledge
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Shopify Launches Tax Tool for Global Ecommerce Sellers

Shopify Launches Tax Tool for Global Ecommerce Sellers

Shopify's duties and import taxes feature is now available to all plan users. Merchants can pre-collect duties at checkout, enhancing cost transparency and reducing rejection rates. To ensure smooth operation, bind the DDP shipping label, accurately fill in product information, update logistics policies, prepare commercial invoices, and optimize the refund process. This allows for a more streamlined and predictable experience for international customers, ultimately boosting sales and customer satisfaction.

11/03/2025 Customs Knowledge
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Guide to UN3268 Compliance for Automotive Airbag Exports

Guide to UN3268 Compliance for Automotive Airbag Exports

This article provides a detailed interpretation of the requirements for sea freight export of UN3268 automotive airbags (gas generators), including booking information, customs declaration documents, operating procedures, and precautions. It aims to help you easily handle dangerous goods declarations and ensure the safe and compliant transportation of your cargo. The article covers key aspects of the process, highlighting potential pitfalls and offering practical advice for a smooth and successful export.

01/19/2024 Logistics Encyclopedia
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Guide to Safe Oaminobenzenesulfonic Acid Export Shipping

Guide to Safe Oaminobenzenesulfonic Acid Export Shipping

This article provides a detailed interpretation of the process and requirements for exporting ortho-aminobenzenesulfonic acid via sea freight from Shanghai Port. It covers essential aspects such as the necessary documents for booking, choosing the appropriate packing method, and important considerations for hazardous cargo declaration deadlines. The aim is to assist companies in efficiently and safely completing dangerous goods sea freight exports, avoiding unnecessary complications and ensuring compliance with regulations.

05/17/2024 Logistics Encyclopedia
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Lithiumion Battery Export Rules Tighten for LCL Shipments

Lithiumion Battery Export Rules Tighten for LCL Shipments

This article provides a detailed overview of the operational process for LCL sea freight export of lithium-ion batteries. It covers HS codes and declaration elements, required documents for dangerous goods declaration, operational steps for LCL sea freight, and key precautions. The aim is to assist foreign trade enterprises in completing lithium-ion battery export operations safely and efficiently, ensuring compliance and smooth logistics throughout the shipping process.

04/30/2024 Logistics Encyclopedia
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