Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.

07/21/2025 Logistics Industry Insights
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Choosing Shipping Companies and Considerations in Bill of Lading Processing on Southeast Asia Routes

Choosing Shipping Companies and Considerations in Bill of Lading Processing on Southeast Asia Routes

This article discusses the requirements of different shipping companies in the Southeast Asia routes regarding bill of lading processing. It highlights that most shipping companies allow handling according to the actual cargo, reducing the demand for container seal numbers and gross weight. It also emphasizes the importance of confirming the bill of lading processing method with the shipping company before operations to effectively address the complexities in freight forwarding business.

07/18/2025 Logistics Encyclopedia
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Singapores Ship Registry Hits 100 Million Gross Tonnage Milestone

Singapores Ship Registry Hits 100 Million Gross Tonnage Milestone

Singapore's ship registry has surpassed 100 million gross tons, solidifying its position as an international maritime center. By attracting global shipping players and embracing green technologies, Singapore is committed to building a more competitive and sustainable maritime hub, injecting new vitality into the global shipping industry. The milestone underscores Singapore's dedication to innovation and environmental responsibility within the maritime sector, positioning it as a leader in shaping the future of shipping.

01/16/2026 Logistics
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Shippers Urged to Master Cutoff Times to Prevent Cargo Delays

Shippers Urged to Master Cutoff Times to Prevent Cargo Delays

This article addresses pain points in the freight forwarding industry by detailing how to obtain accurate cut-off time information from sources like shipping company websites, booking confirmations, and direct inquiries. It emphasizes the distinction between cut-off time and customs clearance time and the importance of allowing sufficient buffer time. This guide helps freight forwarders efficiently complete their tasks by providing practical methods for managing crucial deadlines.

08/23/2025 Logistics Encyclopedia
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Guide to Streamlining International Air Freight Logistics

Guide to Streamlining International Air Freight Logistics

International air freight involves multiple steps, including cargo receiving, packaging, sorting, document preparation, airline selection, customs regulations, clearance procedures, cargo tracking, and insurance. This guide provides a comprehensive operational overview, helping you mitigate risks and ensure the safe and efficient delivery of your goods to their destination, safeguarding your international trade. It covers key aspects of the process and offers practical advice to navigate the complexities of international air shipping.

11/03/2025 Logistics Encyclopedia
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Guilin Expands Ondemand Delivery for Large Items

Guilin Expands Ondemand Delivery for Large Items

Troubled by transporting large items in Guilin? This article details the advantages, appointment process, precautions, and FAQs of Guilin's large item door-to-door delivery service. It helps you easily solve transportation problems and enjoy a convenient life. Learn how to schedule a pickup, what items are accepted, and how to prepare your items for shipping. Discover a hassle-free solution for moving bulky goods within Guilin with this comprehensive guide.

01/05/2026 Logistics
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China to DRC New Guidelines for Safe Medicine Shipments

China to DRC New Guidelines for Safe Medicine Shipments

This article provides a detailed guide on how to safely and legally ship medicines from China to the Democratic Republic of Congo. It covers the entire process, including selecting a suitable courier company, preparing a medicine list, understanding packaging requirements, customs declaration procedures, the shipping process itself, and frequently asked questions. The aim is to offer comprehensive guidance to readers who need to send medication, ensuring its successful delivery.

12/30/2025 Logistics Encyclopedia
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Guide to Optimizing Supply Chain SCI Schedules

Guide to Optimizing Supply Chain SCI Schedules

This article provides an in-depth analysis of the schedule inquiry process for the Shipping Corporation of India (SCI). It offers a guide to multi-channel inquiries, an analysis of route coverage, cabin booking strategies, and practical advice for handling emergencies. By leveraging multi-platform collaboration, dynamically monitoring ETD/ETA, and planning cabin bookings in advance, businesses can effectively respond to market fluctuations and transportation risks, thereby enhancing supply chain resilience.

01/07/2026 Shipping Company Encyclopedia
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