Incheon Port Aims to Bolster Global Logistics Hub Status

Incheon Port Aims to Bolster Global Logistics Hub Status

The Incheon Port Authority is committed to developing Incheon Port into an international logistics center. Through projects such as the Incheon New Port and the new international passenger terminal, it aims to promote economic development and enhance regional logistics efficiency, achieving a perfect blend of marine tourism and logistics.

Transnet Ports Authority Key to South Africas Maritime Sector

Transnet Ports Authority Key to South Africas Maritime Sector

The Transnet National Ports Authority (TNPA) is responsible for the management and operation of South Africa's eight major commercial ports, serving as a key force in promoting the efficient operation of the national freight logistics chain. Its functions include ensuring port safety and providing infrastructure services, while also focusing on environmental protection and sustainable development.

Global Firms Adopt Trade Terms to Reduce Tariff Risks

Global Firms Adopt Trade Terms to Reduce Tariff Risks

This guide explores how to effectively manage tariff risks using the International Commercial Terms (Incoterms® 2020). The article analyzes the significance of these rules amidst tariff fluctuations, clarifies the distribution of responsibilities under different terms, and offers practical advice on how to adapt to policy changes, aiming to help businesses optimize their cross-border transactions.

Strategies to Reduce Remote Area Surcharges in Global Shipping

Strategies to Reduce Remote Area Surcharges in Global Shipping

This article analyzes the composition and differences of the remote area surcharges in international express delivery. It offers effective strategies for identifying risks and avoiding additional fees, including proactive inquiries, channel combinations, and contractual constraints. Furthermore, it emphasizes the importance of digital tools in controlling shipping costs.

Shipping Firms Adopt New Strategies to Cut Demurrage Costs

Shipping Firms Adopt New Strategies to Cut Demurrage Costs

Reducing the demurrage costs of international shipping for 40-foot containers is crucial. This article presents the calculation formula for demurrage fees and offers strategies such as pre-shipping measurements, flexible booking, scientific loading, and long-term management. The aim is to help companies optimize their logistics processes, lower unnecessary expenses, and enhance overall efficiency.