This article introduces the SWIFT/BIC code CDBLLYLT017 of the BANK OF COMMERCE AND DEVELOPMENT (L.J.S.C.) and highlights its importance in international remittances. By using the correct SWIFT/BIC code, you can ensure the secure and accurate transfer of funds. Additional information on the bank's service support is also provided in the article.
This article introduces the SWIFT code CDBLLYLT018 for BANK OF COMMERCE AND DEVELOPMENT (L.J.S.C.), highlighting its significance in international remittances and providing usage details to help readers efficiently conduct cross-border financial transactions.
Flexport's latest ocean efficiency report reveals changes in shipping times between China and the U.S. as well as China and Europe. Transit times from China to the East Coast of the U.S. have slightly increased, while times to the West Coast and Northern Europe have remained stable or decreased. By breaking down shipping routes, OTI provides businesses with more precise logistics decision support.
Keelung Port, located near central China, is rapidly developing into a significant freight and passenger service hub in Northeast Asia, thanks to its natural harbor advantages and abundant industrial resources. The port is advancing a dual-core strategy to diversify its service offerings and enhance international competitiveness, positioning itself as an important transportation nexus in the East Asian maritime region.
In recent years, the postal international express small package business has grown rapidly, especially in the cross-border e-commerce sector. The Hangzhou Postal Package Business Bureau aims to provide a one-stop solution for e-commerce by integrating resources, enhancing services, and opening dedicated lines. They handle up to 100,000 packages per day, covering over 220 countries worldwide. Additionally, the postal bureau actively supports small and medium-sized e-commerce businesses and leverages government support platforms to facilitate future development.
The sanctions imposed by the U.S. and EU on Russian and Iranian oil and gas are reshaping the global tanker market. The aim of the sanctions is to weaken oil revenues, and while it is important to be cautious of short-term supply chain fluctuations, overall market gaps can be filled by other Middle Eastern countries. Additionally, the growing demand for second-hand vessels may help alleviate pressure on declining asset prices.
Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.
Flexport's ocean timeliness metrics show that transit times from China to the U.S. West Coast remain at 35 days, while the time to Northern Europe has slightly decreased to 61.1 days, and the East Coast has risen to 55.6 days. This data reflects the dynamic changes in global shipping amid the current complex situation, highlighting the need for businesses to prioritize the management and adjustment of transit times.
COSCO Shipping has launched a weekly multipurpose route connecting major ports in China and Brazil. Leveraging the advantages of large pulp carriers, this route aims to meet the urgent shipping demands of customers on the east coast of South America, establishing a maritime fast track and promoting China-Brazil bilateral trade. The fastest transit time can reach 30 days. The service will improve the efficiency of transportation between the two countries.
The complexity of cold chain logistics presents both challenges and opportunities for businesses. By adopting flexible strategies, leveraging technological innovations, and enhancing collaboration, companies can improve efficiency, reduce costs, and achieve resource integration, ultimately gaining a competitive edge in the market.
