US Maritime Market Key Insights on FMC Licensing

US Maritime Market Key Insights on FMC Licensing

This article provides a detailed analysis of the key steps for non-US companies seeking FMC (Federal Maritime Commission) licensing to enter the US-China shipping market. It covers essential aspects such as obtaining an FMC license, providing financial security, and tariff filing. The article emphasizes the importance of compliant operation within the regulatory framework governing ocean transportation between the US and China. Understanding and adhering to these regulations is crucial for successful and sustainable participation in this significant trade lane.

08/21/2025 Logistics Encyclopedia
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Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

08/21/2025 Document Interpretation
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Direct Vs Indirect Customs Brokerage Key Differences Explained

Direct Vs Indirect Customs Brokerage Key Differences Explained

This paper explores the key differences between direct and indirect customs agency in international trade. It analyzes the applicable scenarios and advantages and disadvantages of each method, assisting businesses in making more informed decisions when choosing their agency model to ensure the efficiency and smoothness of import and export processes.

08/07/2025 Customs Knowledge
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Wind Power Emerges As Key to Sustainable Shipping

Wind Power Emerges As Key to Sustainable Shipping

In recent years, the shipping industry has been actively exploring wind propulsion technologies, particularly rotor sails, to aid in carbon reduction and sustainable development. By integrating various renewable energy sources, this technology demonstrates significant energy-saving potential and has garnered widespread attention from clients, signaling new opportunities for the shipping sector in addressing climate change.

09/16/2025 Logistics Industry Insights
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