Understanding Marine Freight Surcharges: Types and Impacts

Understanding Marine Freight Surcharges: Types and Impacts

In maritime shipping, in addition to the basic freight, shipping companies charge various surcharges due to special circumstances. Common surcharges include fuel surcharges, currency depreciation surcharges, and diversion surcharges. These surcharges aim to compensate for the additional costs incurred during transportation and may be adjusted with changes in circumstances. Understanding these categories of surcharges helps clients make informed shipping decisions.

07/18/2025 Logistics Encyclopedia
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Overview of Cargo Ship Classification and Functions

Overview of Cargo Ship Classification and Functions

Cargo ships are specialized vessels used for the maritime transportation of goods. They come in various types, including bulk carriers, tankers, general cargo ships, container ships, chemical tankers, liquefied gas carriers, refrigerated ships, barges, and roll-on/roll-off ships. Each type of cargo ship is uniquely designed to meet specific transportation needs, aimed at enhancing efficiency and safety in the shipping process.

07/18/2025 Logistics Encyclopedia
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Marine Cargo Insurance Shields Global Trade from Rising Risks

Marine Cargo Insurance Shields Global Trade from Rising Risks

Understanding potential risks in maritime cargo transport is crucial for insurance procurement. These risks include natural disasters from the shipping process, such as severe weather, tsunamis, and earthquakes, as well as accidental events like grounding and collisions. Such risks can lead to cargo losses, making appropriate insurance essential for ensuring safety during transportation. This article provides a detailed analysis of this topic.

07/28/2025 Logistics Encyclopedia
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Guide to Choosing Shipping Containers 20GP 40GP 40HQ Explained

Guide to Choosing Shipping Containers 20GP 40GP 40HQ Explained

This article provides a detailed interpretation of the specifications, applicable scenarios, and selection strategies for the three standard shipping containers commonly used in international maritime transport: 20GP, 40GP, and 40HQ. It also briefly describes the application of other special containers. The aim is to help readers make optimal choices based on cargo characteristics and transportation needs, thereby optimizing international logistics solutions.

01/15/2026 Logistics Encyclopedia
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Container Shipping Rates Stabilize As Rational Pricing Takes Hold

Container Shipping Rates Stabilize As Rational Pricing Takes Hold

Fitch Ratings analysts point out that even during periods of weak demand early in the pandemic, major shipping companies effectively controlled the supply of containers in the market by flexibly adjusting capacity. This supported stable freight rates and ultimately drove prices higher. The self-discipline of shipping companies in terms of capacity supply is reshaping the pricing mechanism of the maritime market.

01/20/2026 Logistics Industry Insights
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Aviation Industry Shifts Toward Sustainable Development

Aviation Industry Shifts Toward Sustainable Development

The International Air Transport Association (IATA) is committed to achieving net zero CO2 emissions by 2050. It promotes sustainability in the aviation sector through measures such as combating wildlife smuggling, reducing noise, and managing waste. IATA will host a series of conferences, including the World Sustainable Development Symposium and the Aviation Energy Forum, to facilitate industry communication and collaboration, collectively moving towards a greener future.

08/07/2025 Logistics Industry Insights
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Eurasian Development Banks SWIFT Code Explained

Eurasian Development Banks SWIFT Code Explained

This article introduces the SWIFT code EABRKZKAACF of the Eurasian Development Bank, emphasizing its importance in international remittances. It provides detailed address information for the bank and reminds senders to accurately use the SWIFT code to ensure smooth transfer of funds during transactions.

08/15/2025 International Settlement
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Bokpyin Airport Development Advances in Myanmar

Bokpyin Airport Development Advances in Myanmar

Bokepyin Airport, located in Bokepyin, Myanmar, is a small airport that is gaining attention for its strategic location and potential. Currently, there are no user reviews available, and the airport's development requires improvements in infrastructure and an increase in flight services to attract more passengers.

08/08/2025 Airport Codes
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