Shipping Industry Urges Clarity on Standard Free Time Fees

Shipping Industry Urges Clarity on Standard Free Time Fees

Standard free time is a complimentary period offered by carriers, covering demurrage and detention charges. Exceeding this period incurs extra costs. Standard free time varies among carriers, so it's crucial to confirm the specifics in advance and plan pickup and return times accordingly to avoid unnecessary logistics costs. Proper planning helps minimize expenses associated with exceeding the allowed free time for container usage.

Guide to Standard Chartered Jersey SWIFT Codes for Global Transfers

Guide to Standard Chartered Jersey SWIFT Codes for Global Transfers

This article provides a detailed analysis of Standard Chartered Bank Jersey's SWIFT code, SCBLJESHXXX, explaining its significance and use cases. It offers practical guidance on verifying the code, filling out information, handling errors, and receiving international transfers when making cross-border remittances. The aim is to help readers avoid remittance problems caused by incorrect SWIFT codes and ensure the safe and efficient arrival of funds. This guide emphasizes the importance of accurate SWIFT code information for secure international transactions.

TEU The Standard Unit for Port Throughput and Global Trade

TEU The Standard Unit for Port Throughput and Global Trade

This paper delves into the meaning of "TEU" in port container throughput, explaining its role as a measurement unit for "20-foot equivalent unit." TEU is crucial for uniformly measuring the number of containers of different sizes. By using TEU, we can more accurately reflect the port's handling capacity and transportation scale, providing a valuable reference for economic decision-making and contributing to the construction of smart ports. It is an essential metric for understanding port performance and its impact on global trade.