Maritime Laws General Average Explained Shared Risk in Shipping

Maritime Laws General Average Explained Shared Risk in Shipping

General Average is a crucial risk-sharing mechanism in international maritime transport. When a vessel, cargo, or other property faces a common danger, losses and expenses incurred to ensure overall safety are proportionally shared by all beneficiaries. This paper provides an in-depth analysis of the essential elements and apportionment rules of General Average. Through case studies, it aims to help readers comprehensively understand this complex maritime legal system.

02/02/2026 Logistics Encyclopedia
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Taiwan Strengthens Maritime Industry with Port and Shipping Reforms

Taiwan Strengthens Maritime Industry with Port and Shipping Reforms

Taiwan's maritime industry plays a crucial role in global trade, leveraging its advantageous geographic location and well-developed port infrastructure. Shipping giants like Evergreen and Yang Ming boast significant strength, but the industry faces transformation challenges. Taiwan is actively developing smart logistics, green shipping, and regional cooperation to enhance competitiveness and promote economic prosperity. These initiatives aim to modernize operations, reduce environmental impact, and foster stronger partnerships within the region, ensuring Taiwan remains a key player in the global maritime landscape.

02/02/2026 Port Encyclopedia
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Global Maritime Industry Faces Stricter Dangerous Goods Packaging Rules

Global Maritime Industry Faces Stricter Dangerous Goods Packaging Rules

International maritime dangerous goods packaging compliance is crucial. This article provides an in-depth interpretation of the IMDG Code and related regulations, detailing core requirements such as packaging classification, performance testing, use appraisal, and marking. It also addresses additional requirements for specific dangerous goods. Furthermore, it offers strategies for businesses, emphasizing the importance of selecting qualified suppliers, staying updated on regulatory changes, and establishing a robust management system. This assists companies in safely and compliantly transporting dangerous goods by sea.

02/02/2026 Logistics Encyclopedia
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Maersk Explores Global Shippings Pros and Cons

Maersk Explores Global Shippings Pros and Cons

This article delves into the pivotal role of maritime transport in global trade, highlighting Maersk's commitment to building a more efficient and reliable shipping network as an industry leader. It analyzes the advantages and disadvantages of sea freight, including cost-effectiveness, environmental impact, and transit times. The article also explores future trends in the maritime industry, such as digitalization, automation, and sustainability. Furthermore, it emphasizes the importance of maritime risk management and the key provisions within shipping contracts, offering a comprehensive overview of the current state and future direction of global maritime logistics.

09/28/2025 Logistics Encyclopedia
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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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Visby Thrives As Historic Baltic Sea Port

Visby Thrives As Historic Baltic Sea Port

Visby is a historic city on the Swedish island of Gotland and a significant maritime port. This article introduces Visby Port's cruise reception capabilities, including inner harbor facilities, anchorage services, and the newly built large cruise terminal. It showcases the maritime vitality that thrives beneath the city's medieval charm. Visby is an important hub for maritime activities in the Baltic Sea, offering modern facilities alongside its rich history and stunning architecture.

09/29/2025 Port 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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Europes Shipping Routes Face Growing Complexity

Europes Shipping Routes Face Growing Complexity

This article explains the European maritime shipping route map in a popular science style, illustrating the importance of European maritime transport, the status of the three major port clusters, the composition of the route network, and its strategic connectivity role. It also explores future development trends in the shipping industry, including ship upsizing, automation technology, and digital transformation. The article provides a comprehensive overview of the current state and future prospects of European maritime shipping.

01/26/2026 Logistics
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Quanzhou Port Emerges As Key Hub on Maritime Silk Road

Quanzhou Port Emerges As Key Hub on Maritime Silk Road

As a first-class open port in the country, Quanzhou Port has an annual throughput of over 120 million tons, ranking second in Fujian. As a key node of the Maritime Silk Road, Quanzhou Port connects Southeast Asia, the Middle East, and European and American markets through its standardized import and export processes and 24-hour operational mode, providing comprehensive logistics services.

08/05/2025 Port Encyclopedia
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Port of Oulu Emerges As Key Maritime Hub in Finland

Port of Oulu Emerges As Key Maritime Hub in Finland

The Port of Oulu is a significant maritime port in Northern Finland, strategically located at the mouth of the Oulu River. With port code FIULE/FIOUL, it serves as a crucial hub connecting continental Europe and the Northern Bothnia region. Icebreakers ensure year-round navigation, even during winter. The Port of Oulu offers liner services to major ports in Europe, the UK, and North America, making it an ideal gateway for expanding into the Nordic market.

09/29/2025 Port Encyclopedia
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