Liability and Costs of Unclaimed Maritime Cargo Explained

Liability and Costs of Unclaimed Maritime Cargo Explained

Shipping abandonment refers to the situation where the consignee refuses to take delivery of goods, leading to cargo remaining at the port and eventually being disposed of by the carrier. This article provides an in-depth analysis of the definition, common scenarios, cost structure, and liability allocation related to shipping abandonment. It also offers recommendations for mitigating risks, aiming to help readers understand the potential risks and solutions associated with shipping abandonment in maritime transport. The goal is to provide practical guidance for avoiding costly consequences.

02/03/2026 Logistics Encyclopedia
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Toyota Partners with Japanese Firms to Develop Lngpowered Ships

Toyota Partners with Japanese Firms to Develop Lngpowered Ships

Three major Japanese shipping companies are collaborating with Toyota to order 20 LNG-powered RoRo vessels. This initiative aims to reduce sulfur emissions and comply with environmental regulations, contributing to the green transformation of the shipping industry. The adoption of LNG as a fuel source is a significant step towards cleaner maritime transportation and demonstrates a commitment to sustainable practices within the sector.

01/29/2026 Logistics Industry Insights
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EXX Fast Shipping Gains Traction in US Crossborder Ecommerce

EXX Fast Shipping Gains Traction in US Crossborder Ecommerce

This article comprehensively analyzes the advantages of EXX Fast Shipping in US maritime transport, highlighting its features such as speed, safety, and priority unloading. It is suitable for various types of cross-border sellers, making it an ideal choice for improving logistics efficiency and sales conversion.

08/05/2025 Logistics
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Five Key Factors Influencing Shipping Freight Rates

Five Key Factors Influencing Shipping Freight Rates

Freight rates in maritime shipping frequently fluctuate due to global economic changes, primarily influenced by transportation costs, market structures, cargo characteristics, route and port conditions, and contract terms. This article explores these five factors and their interactions, revealing the essence of rate fluctuations and market dynamics.

07/18/2025 Logistics Encyclopedia
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Gabons Tchibanga Emerges As Key West African Maritime Hub

Gabons Tchibanga Emerges As Key West African Maritime Hub

Kibanga Port, an emerging maritime hub in Gabon's Nyanga province, is gaining increasing attention. This article introduces Kibanga Port's geographical location, port code, and its role within Gabon's shipping network. It also outlines other important Gabonese ports such as Cape Lopez, Gamba, and Libreville. The piece emphasizes the importance of understanding Gabonese port information for expanding into the West African market. This knowledge is crucial for businesses looking to engage in trade and logistics within the region, highlighting Gabon's strategic position in West African maritime activities.

09/29/2025 Port Encyclopedia
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Seatrade Invests in JR Shipping to Boost Green Fleet Expansion

Seatrade Invests in JR Shipping to Boost Green Fleet Expansion

Seatrade's acquisition of a partial stake in JR Shipping strengthens its position in container, dry bulk, and offshore services. This strategic move emphasizes support for green ship research and development, as well as fleet upgrades. The acquisition allows Seatrade to further diversify its portfolio and invest in sustainable shipping solutions, aligning with industry trends and environmental regulations. This investment signals a commitment to innovation and a greener future for the maritime sector.

01/27/2026 Logistics
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Croatias Maslinica Port Expands Coastal Shipping Network

Croatias Maslinica Port Expands Coastal Shipping Network

This paper provides an in-depth analysis of the geographic location, shipping characteristics, and role of the Croatian port of Maslenica within Croatia's maritime system. Although small, the port is crucial for local fishing and tourism industries. The article also outlines Croatia's major seaports and envisions the future development direction of Maslenica port, including upgrading facilities, expanding services, and strengthening cooperation. It highlights the port's significance despite its size and its potential for future growth within the broader Croatian maritime context.

09/29/2025 Port Encyclopedia
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COSCO Shipping Opens New Chinabrazil Trade Route

COSCO Shipping Opens New Chinabrazil Trade Route

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.

11/03/2025 Logistics
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THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

Terminal Handling Charge (THC) is a significant cost in maritime shipping, usually borne by the exporter. THC fees are categorized based on container type, with separate charges for small and large containers, while LCL is charged by gross weight or volume. Additionally, Document (DOC) fees vary by shipping line and are charged per bill. It is important to pay attention to the various aspects covered by THC fees.

07/14/2025 Logistics Encyclopedia
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