International Cargo Flight from Lanzhou to Dubai Successfully Takes Off, Boosting the Belt and Road Initiative

International Cargo Flight from Lanzhou to Dubai Successfully Takes Off, Boosting the Belt and Road Initiative

The successful inaugural flight of the Lanzhou-Dubai international freight charter on June 8, 2023, marks the significant role of Lanzhou New Area's comprehensive bonded zone in implementing the Belt and Road Initiative. This route enhances logistics, financial, and information exchanges between Gansu and West Asian countries, increasing trade convenience and attracting more businesses.

06/08/2023 Logistics
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Global Art Transport Faces Insurance Valuation Challenges

Global Art Transport Faces Insurance Valuation Challenges

Art transportation insurance requires precise valuation assessment and comprehensive risk coverage. Key considerations include proof of value, appraisal reports, and replacement costs to determine adequate coverage. Customized insurance plans are essential to address the unique challenges and potential risks associated with transporting valuable artworks. Focusing on these aspects ensures that the insurance policy effectively protects against damage, loss, or theft during transit, providing peace of mind for collectors and institutions alike.

Understanding the Difference and Importance of Clean and Foul Bills of Lading in International Trade

Understanding the Difference and Importance of Clean and Foul Bills of Lading in International Trade

This article discusses the key differences between clean and unclean bills of lading. A clean bill of lading indicates that the goods' external packaging is intact, without damage or defects, making it suitable for letter of credit negotiations. In contrast, an unclean bill of lading documents any damages present at the time of delivery, which may affect the success of the transaction. Understanding these differences is crucial for international trade.