The Global Trade Health Index reveals a significant drop in order volumes in the European market, impacted by the energy crisis and inflation. While the US market is less affected, retail orders are also decreasing, leading to substantial inventory pressure. The potential for recovery during the holiday season remains uncertain, requiring close monitoring of market dynamics.
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.
In the first half of this year, Yangpu Port's container throughput exceeded 1 million TEUs, setting a new historical record. The newly opened routes, especially the foreign trade line connecting to the Middle East, have significantly improved transportation efficiency and reduced costs for enterprises, providing strong support for the economic development of Hainan.
On March 14, Liaoning Port Group officially launched the 'Sea Land Maersk' Indonesia route, marking its third container shipping line. This route will enhance Dalian Port's Southeast Asia shipping network, with an expected annual volume of nearly 30,000 TEU containers, promoting regional trade development.
The Original Bill of Lading (OBL) is a crucial legal document in cargo transportation, confirming that the carrier has received the goods and representing ownership of the cargo. Understanding the importance of the OBL and its release mechanism helps businesses ensure the safety of goods reaching their destination and reduce transaction risks.
Domestic waterway and railway cargo transportation insurance primarily ensures the safety of goods during transit. This insurance is categorized into basic and comprehensive coverage, addressing responsibilities related to natural disasters, transportation accidents, loading and unloading issues, and cargo damage. The insured amount is typically calculated based on the value of the goods.
This article delves into the definition, classification, and applications of special containers in ocean freight. It details the characteristics, suitable cargo, and operational considerations for five common types: open-top containers, flat rack containers, tank containers, refrigerated containers, and platform containers. The complexity and challenges of special container transportation are emphasized, and practical advice is offered to industry professionals to help them address the unique demands of transporting specialized cargo. This aims to assist in effectively managing the intricacies involved in special container shipping.
This article explains the concepts of customs declaration, customs clearance, and goods clearance in a simple and accessible way, clarifying the relationship between them and providing practical advice. It aims to help readers successfully complete the goods clearance process, avoiding unnecessary delays and losses. Master the clearance techniques to make your trade journey smoother!
In customs declaration, goods under the same shipment that involve multiple trade modes cannot be declared together. Different regulatory methods correspond to different customs processing requirements. For example, in the case of imported goods, gifts and chargeable trade items must be separately segmented in the manifest to ensure compliance and enhance efficiency in declaration.
This article introduces the air freight rates from Nanjing to Tel Aviv, detailing the transportation route, validity period, and types of goods. It also provides a comprehensive breakdown of rates based on different weight categories. Additionally, it includes information on cost components and special considerations, guiding customers on how to transport goods and confirm costs.
