CMA CGM and TotalEnergies have established a joint venture to create a liquefied natural gas (LNG) bunkering facility at the Port of Rotterdam, set to commence operations by the end of 2028. This initiative aims to support green shipping, and it is projected that by 2029, CMA CGM's LNG-powered fleet will expand to 123 vessels.
The African logistics industry demonstrates remarkable resilience and growth potential in the face of global economic challenges. With increased demand for African goods, enhanced investments in port infrastructure, and the adoption of digital technologies, Africa's position in global maritime trade is steadily rising. Looking ahead, Africa is expected to become a significant pillar of global trade.
The surge in European ocean freight rates is attributed to a combination of factors including the pandemic, capacity management, rising oil prices, container shortages, port congestion, trade protectionism, and geopolitical issues. Businesses should proactively plan, optimize their supply chains, implement flexible pricing strategies, and closely monitor market dynamics to effectively address the challenges posed by escalating costs.
US-Japan ocean freight transit time is affected by various factors, including route selection, vessel type, sailing speed, port efficiency, and weather conditions. Typically, it takes 12-17 days from the US West Coast to Japanese ports. Understanding these factors helps optimize logistics, reduce costs, and ensure timely delivery of goods, contributing to business success in US-Japan trade.
To apply for customs order cancellation, you need to prepare proof of non-shipment, proof of port presence, a statement of circumstances, and original customs declaration documents. Customs will make a decision within 20 days of the application; in special cases, this may be extended by 10 days. Additionally, be aware of the customs processing situation on weekends.
This article addresses common issues in freight forwarding, including errors related to vessel name and voyage number, port entry difficulties, and container pick-up problems. It provides detailed solutions and experience sharing to help freight forwarders avoid common pitfalls and improve their work efficiency. The aim is to offer practical guidance and insights for a smoother and more successful freight forwarding process.
This article addresses common issues faced by freight forwarding professionals, including variations in destination port services, SITC container shortages, and selecting the right shipping company. It aims to help readers avoid common pitfalls and streamline their freight forwarding and consolidation processes. The guide provides insights to navigate challenges and make informed decisions, ultimately saving time and resources in the long run.
Inland Container Depots (ICDs) are crucial transit nodes in global logistics networks, providing storage, customs clearance, and other services for importers, exporters, and logistics service providers. The advantages of ICDs include alleviating port congestion and making efficient use of resources. Their operational processes encompass container arrival, registration, storage, customs clearance, and dispatch, with costs varying based on location and service specifics.
International sea freight costs consist of basic freight, surcharges, and other fees. Basic freight is calculated based on cargo size and distance. Surcharges, including port, fuel, currency adjustment, and peak season surcharges, fluctuate with the market. Other fees cover insurance, customs clearance, and quarantine. Savvy freight forwarders need to understand the cost structure to choose the appropriate solution and control logistics costs effectively.
Descartes' Global Shipping Report indicates that U.S. container imports reached the second-highest level in history in August, influenced by seasonal demand and tariff policies. The proportion of imports from China decreased, and port shares on the East and West Coasts diverged. Businesses should diversify their supply chains, optimize inventory management, strengthen logistics partnerships, and closely monitor policy changes to address these challenges.
