Shipping Industry Faces Rising Demurrage Costs in Voyage Charters
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
Ljubljana Airport is a key international aviation hub located 24 kilometers northwest of Slovenia's capital. It opened in 1963 and has undergone various expansion projects to meet the increasing flight demand. The existing terminals are developed in two phases, with additional facilities enhancing capacity. Ljubljana Airport connects to numerous major cities in Europe and boasts a diverse range of airlines, presenting an optimistic growth outlook.
Leipzig/Halle Airport (IATA: LEJ, ICAO: EDDP) is the main civil airport in Eastern Germany, located between Leipzig and Halle. Its history dates back to 1926, featuring two runways accommodating wide-body aircraft and multiple terminals. The airport handles approximately 2.5 million passengers annually and provides cargo services for DHL. Additionally, it is designated for NATO airlift operations, supporting efficient logistics and the operation of domestic and international flight routes.
Launceston Airport, located in Tasmania, is a regional airport that has developed since its establishment in 1927. Currently, it serves one million passengers annually, with plans to reach a capacity of two million by 2030. The airport is primarily serviced by multiple airlines, offering connections on various domestic routes. Its facilities and functions are continually improving, providing a convenient platform for regional air travel.
Kapuskasing Airport, located 3.7 kilometers from the town center in northern Ontario, Canada, is operated by a local company. With an elevation of 226 meters, it features two main asphalt runways, providing domestic passenger and cargo services managed by Bearskin Airlines. The airport plays a crucial role in enhancing regional economic growth and logistics development.
IGHC is a significant global conference for the ground handling industry, promoting standardization, innovation, and sustainable development. The 2026 conference will be held in Cairo, where industry leaders will gather to discuss the future of ground handling. This event provides a crucial platform for collaboration and addressing the evolving challenges and opportunities within the sector. It fosters the adoption of best practices and drives progress towards a more efficient and environmentally responsible ground handling ecosystem.
Kingston Port is one of the fastest-growing ports in the Caribbean, with a throughput of 2.1 million TEUs in 2006. It is enhancing its global shipping competitiveness through a large-scale expansion plan and technological advancements.
This article provides a comprehensive overview of core terminology in foreign trade, covering key aspects such as booking, freight, air freight, ports, and bills of lading. It aims to help newcomers quickly master the industry language, enhance their professional skills, and ultimately work more efficiently. By understanding these terms, individuals can reduce operating costs, mitigate potential risks, and achieve success in the foreign trade sector. This resource is designed to empower individuals to navigate the complexities of international trade with confidence.
The container capacity on the Far East to East Coast route is continuously expanding, with 9 regular lines now and a 36% increase in annual trade capability compared to last year. Major shipping companies are reshaping the market landscape through new routes and smaller vessel operations, reflecting the growing market demand.
MSC's Terminal Investment Limited will acquire an 80% stake in CK Hutchison's global port portfolio for $22.8 billion, spanning 43 terminals, making it the largest container terminal operator in the world. The acquisition raises concerns about fair market competition, particularly regarding its potential impact on the Panama ports.