Maritime Laws General Average Explained Shared Risk in Shipping

Maritime Laws General Average Explained Shared Risk in Shipping

General Average is a crucial risk-sharing mechanism in international maritime transport. When a vessel, cargo, or other property faces a common danger, losses and expenses incurred to ensure overall safety are proportionally shared by all beneficiaries. This paper provides an in-depth analysis of the essential elements and apportionment rules of General Average. Through case studies, it aims to help readers comprehensively understand this complex maritime legal system.

02/02/2026 Logistics Encyclopedia
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Smart Pet Product Market Expands Beyond Basic Tech

Smart Pet Product Market Expands Beyond Basic Tech

The pet smart supplies market has immense potential, but currently, the 'old three' dominate. The next trending product needs to be economical, practical, and universally applicable. Innovation is expected in areas such as health monitoring, behavior management, interactive entertainment, and safety protection. These areas are promising for new product development. The market is ripe for disruption with smart solutions that address pet owners' needs and improve pet well-being.

02/03/2026 Logistics Industry Insights
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Strategies to Reduce Air Freight Storage and Detention Costs

Strategies to Reduce Air Freight Storage and Detention Costs

The risk of unclaimed cargo in international air freight is high. This article analyzes the causes in depth and proposes a full-process risk management plan encompassing pre-prevention, in-process tracking, and post-event handling. It also provides an in-depth analysis of the responsibility for demurrage and storage fees. The aim is to provide companies with practical operational guidance to ensure the safety of international trade.

02/03/2026 Logistics Encyclopedia
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Typhoon Saola Disrupts Asia Crossborder Ecommerce Logistics

Typhoon Saola Disrupts Asia Crossborder Ecommerce Logistics

Typhoon Saola impacts cross-border e-commerce logistics, potentially causing vessel delays, cargo damage, and port congestion due to port closures. Sellers should closely monitor vessel schedules, allocate sufficient logistics time, enhance cargo safety inspections, track logistics progress in real-time, promptly salvage damaged goods, optimize supply chain layout, and strengthen risk management awareness. These measures can mitigate losses and ensure normal business operations during and after the typhoon.

02/03/2026 Logistics
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Chinas Pet Economy Expands with Rising Exotic Pet Demand

Chinas Pet Economy Expands with Rising Exotic Pet Demand

The exotic pet economy is booming as young people move beyond traditional cats and dogs, seeking alternative pets. Online and offline transactions are thriving, with exotic pet cafes and indoor zoos emerging as new trends. However, raising exotic pets requires caution, with attention to animal welfare, hygiene, safety, and medical care. The healthy development of the exotic pet economy requires increased public acceptance, robust industry chains, and supportive laws and regulations.

02/11/2026 Logistics Industry Insights
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US Considers Xinjiang Product Ban Threatening Supply Chains

US Considers Xinjiang Product Ban Threatening Supply Chains

The US Senate passed a bill aiming to comprehensively ban imports from Xinjiang, China, based on a "presumption of guilt" principle. This impacts not only cotton and tomatoes but the entire supply chain. The bill is expected to pass the House and be signed by Biden. Businesses must immediately assess risks, reshape supply chains, and address the challenges posed by rising trade protectionism. The ban will force companies to provide clear and convincing evidence that their products are not made with forced labor, placing a significant burden on due diligence and compliance.

01/26/2026 Customs Knowledge
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Global Markets Wary As Dollar Weakens Amid Rising Risk Aversion

Global Markets Wary As Dollar Weakens Amid Rising Risk Aversion

The dollar's exchange rate continues to decline as trade war concerns resurface, fueling safe-haven demand. Safe-haven assets like the Swiss Franc and New Zealand dollar are gaining traction, reflecting investor anxiety about geopolitical risks. Investors should exercise caution, diversify their portfolios, pay close attention to geopolitical developments, and maintain a long-term investment strategy. The weakening dollar and renewed trade tensions highlight the increased volatility and uncertainty in the global financial markets.

01/19/2026 Exchange Rate Query
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Global Supply Chains Strained by Trade Wars Oil Volatility

Global Supply Chains Strained by Trade Wars Oil Volatility

An IHS Markit report indicates that trade wars and oil price shocks have increased the risk of a global economic recession. With downward revisions to US economic growth forecasts, supply chain managers should diversify their supply chains, optimize inventory, strengthen risk management, enhance transparency, and monitor policy changes. These strategies are crucial for navigating challenges and seizing opportunities in the face of growing global uncertainties.

01/26/2026 Logistics Industry Insights
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Maritime Shipping Adopts General Average for Shared Cargo Losses

Maritime Shipping Adopts General Average for Shared Cargo Losses

This article provides an accessible explanation of the 'General Average' system in maritime transport, clarifying its constituent elements, common cases, and the cargo owner's liability under various circumstances. It focuses on analyzing exceptions to liability apportionment when General Average is caused by the cargo owner's negligence or the carrier's fault. The aim is to help cargo owners better understand their rights and avoid potential risks. It delves into the nuances of responsibility allocation, offering practical insights for navigating complex General Average scenarios.

01/29/2026 Logistics Encyclopedia
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China Implements Realname Shipping for Secure Deliveries

China Implements Realname Shipping for Secure Deliveries

This article provides a detailed interpretation of the real-name registration requirement for express delivery. Senders must provide their real name, address, phone number, and present valid ID for verification and registration. Recipient information must also be accurate. Violations may result in rejection, penalties, or inability to protect one's rights. Real-name delivery is a crucial system for ensuring express security and tracing responsibility, benefiting both senders and recipients. It is essential for maintaining a safe and accountable delivery system.

02/02/2026 Logistics Encyclopedia
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