Global Trade Guide Key Tax and Compliance Terms for Shipping

Global Trade Guide Key Tax and Compliance Terms for Shipping

This article delves into the application of VAT/EORI in European and American customs clearance for international express shipments. Regarding Europe, it elaborates on the rules and scenario-specific requirements of EORI and VAT, as well as the role of IOSS. For the United States, it highlights the importance of EIN/SSN and IOR, emphasizing the criticality of compliant declaration. This guide helps you master the regulations and navigate global shipping smoothly.

01/15/2026 Customs Knowledge
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Strategies to Reduce Detention and Demurrage Fees in Global Shipping

Strategies to Reduce Detention and Demurrage Fees in Global Shipping

This article provides an in-depth analysis of demurrage mitigation strategies in ocean freight, emphasizing comprehensive management encompassing pre-emptive measures, proactive application during the process, and post-event appeals. By clarifying free time, actively requesting extensions, and efficiently substantiating claims, businesses can effectively control cross-border logistics costs and minimize losses associated with demurrage charges. The paper highlights practical approaches to reduce financial impact through proactive management and strategic negotiation.

01/15/2026 Logistics Encyclopedia
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Global Shipping Firms Adopt Faster Customs Clearance to Cut Costs

Global Shipping Firms Adopt Faster Customs Clearance to Cut Costs

This guide provides strategies for accelerating international ocean freight pickup. Key elements include initiating pre-clearance early, selecting efficient pickup methods, leveraging digital tools for faster document exchange, and proactively coordinating logistics resources. Furthermore, it emphasizes managing free time allowances, minimizing customs inspection delays, and optimizing container utilization and return processes to avoid demurrage and detention charges. These measures help businesses improve pickup efficiency and reduce operational costs.

01/15/2026 Logistics Encyclopedia
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Worlds First Green Marine Ammonia Bunkering Operation Completed

Worlds First Green Marine Ammonia Bunkering Operation Completed

Envision Energy has announced the successful completion of the world's first green marine ammonia refueling operation, marking a significant milestone in the fuel's application in the shipping industry. Produced from renewable energy, green ammonia will help reduce emissions in the shipping sector and promote sustainable development. Despite facing technical and safety challenges, this innovation provides a clear direction for the future transformation of shipping.

08/08/2025 Logistics Industry Insights
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Kayts Port Emerges As Key Barge Hub in Sri Lankas North

Kayts Port Emerges As Key Barge Hub in Sri Lankas North

Kayts Port is a significant barge port located in the Northern Province of Sri Lanka, situated on the India-Pakistan shipping route. This article provides a detailed overview of Kayts Port, including its geographical location, port type, key data, service facilities, and hydrological information. The aim is to offer valuable reference information to shipping companies, assisting them in optimizing their shipping routes and logistics plans.

09/29/2025 Port Encyclopedia
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Understanding the Shipping Process for Class 2 Dangerous Goods from Shanghai Port

Understanding the Shipping Process for Class 2 Dangerous Goods from Shanghai Port

This article provides a detailed overview of the export process and considerations for Class 2 dangerous goods via ocean shipping from Shanghai Port. It covers relevant classifications, required documentation, customs procedures, and inspection requirements. Recommendations for limited packaging and dangerous goods shipping are also included, highlighting the unique aspects of transporting Class 2.3 toxic gases and the importance of choosing a suitable shipping company.

07/17/2025 Logistics Encyclopedia
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Guide to Tracking YTO Express Shipments Efficiently

Guide to Tracking YTO Express Shipments Efficiently

This article provides a detailed guide on how to use YTO Express shipping code for tracking, including available channels, precautions, and frequently asked questions. With the YTO shipping code, users can quickly track their packages and stay informed about their logistics status. Furthermore, the article introduces other convenient services offered by YTO Express, such as online order placement and electronic waybills, enhancing the overall shipping experience.

12/30/2025 Logistics
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Major Shippers Commit to Fossilfree Fleets at COP28

Major Shippers Commit to Fossilfree Fleets at COP28

At COP28, major shipping companies issued a joint statement calling for a halt to the construction of new fossil fuel vessels and urging the IMO to develop a regulatory framework for green fuels. The shipping industry's green transition faces multiple challenges, including technology, cost, and regulation. International organizations, governments, shipping companies, and consumers need to work together to accelerate decarbonization and achieve sustainable development.

01/07/2026 Logistics Industry Insights
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Maritime Solutions for Global Cargo Transportation

Maritime Solutions for Global Cargo Transportation

This article discusses the significance of maritime transportation in global trade, emphasizing the flexibility and efficiency of container shipping. As businesses increasingly demand logistics services, choosing reliable shipping companies and appropriate logistics arrangements becomes crucial.

07/23/2025 Logistics
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