Maritime Industry Grapples With Rising Demurrage Costs

Maritime Industry Grapples With Rising Demurrage Costs

This article analyzes the meaning of "On Demurrage" in voyage charters and its relationship with demurrage charges. Demurrage fees are costs incurred by the charterer for exceeding the loading and unloading period specified in the contract, usually calculated on a daily basis. The contract outlines the conditions for entering a state of demurrage, which varies in terminology across different countries. Additionally, it explores the distinctions between demurrage in voyage charters and container transport.

07/28/2025 Logistics Encyclopedia
Read More
Guide to Navigating Crossborder Ecommerce Logistics

Guide to Navigating Crossborder Ecommerce Logistics

This article provides a clear and concise explanation of common shipping terms used in cross-border logistics. It covers various aspects including trade terms, loading and unloading transportation, cost documentation, transportation methods, and processes. Through practical examples, it aims to help readers systematically master shipping terminology, improve cross-border logistics operational capabilities, and avoid delays and additional costs caused by misunderstandings of terms. Ultimately, this contributes to the smooth progress of international trade.

01/07/2026 Logistics Encyclopedia
Read More
Oxford kidlington Airport A Guide to OXF and EGTK Codes

Oxford kidlington Airport A Guide to OXF and EGTK Codes

This article provides a detailed explanation of Oxford (Kidlington) Airport's IATA code (OXF) and ICAO code (EGTK), clarifying their application scenarios and differences. It addresses frequently asked questions to help readers accurately identify airport codes and ensure smooth travel. Furthermore, the article introduces the airport's history and current status, showcasing the cultural significance behind the airport codes. This aims to enhance understanding of aviation terminology and the specific context of Oxford Airport.

01/20/2026 Airport Codes
Read More
IATA Introduces BSP Course to Simplify Agency Ticketing

IATA Introduces BSP Course to Simplify Agency Ticketing

IATA (International Air Transport Association) introduces an introductory online course on the BSP (Billing and Settlement Plan) system. This course aims to help travel agency professionals understand the BSP system's operational principles and improve ticketing settlement efficiency. The curriculum covers fundamental BSP concepts, terminology, participants, and ticketing reporting procedures. It is suitable for accountants, travel agency staff, and other relevant professionals. Upon completion and passing the exam, participants will receive an IATA certificate of completion.

01/20/2026 Logistics Encyclopedia
Read More
Nautical Speed Explained Knots to MPH Conversion Guide

Nautical Speed Explained Knots to MPH Conversion Guide

This article provides a detailed explanation of the nautical speed unit "knot," its definition, origin, and conversion relationships. One knot is equal to one nautical mile per hour, which converts to 1.852 kilometers per hour. The article also introduces the application scenarios of "knot" in navigation, aviation, and other fields, as well as its historical origins in early nautical speed measurement. The aim is to help readers fully understand this professional terminology.

02/02/2026 Logistics Encyclopedia
Read More
Key Air Freight Terms Every International Trader Should Know

Key Air Freight Terms Every International Trader Should Know

This article provides a concise and practical English-Chinese glossary of air freight terminology. It covers key concepts such as international aviation organizations, modes of transport, core documents, chargeable weight, rate types, unit load devices (ULDs), and declared value. The aim is to help international trade professionals better understand the air freight process, reduce transportation costs, and improve operational efficiency. It serves as a valuable resource for navigating the complexities of air cargo within the context of international trade.

09/26/2025 Logistics Encyclopedia
Read More
INCOTERMS 2010 Guide Clarifies Key International Trade Terms

INCOTERMS 2010 Guide Clarifies Key International Trade Terms

This article provides an in-depth analysis of DAP (Delivered at Place) within international trade terminology, clarifying the responsibilities and costs for both parties during the transportation process. According to INCOTERMS 2010, DAP requires the seller to transport the goods to a destination specified by the buyer while covering related costs, excluding import duties. Additionally, the article discusses the evolution of this term and compares it to previous terminologies, aiding readers in understanding the current regulations governing international trade.

07/28/2025 Logistics Encyclopedia
Read More
Global Gaming Trends Key Terms for Crossborder Players

Global Gaming Trends Key Terms for Crossborder Players

This article provides an in-depth analysis of core terminology within the cross-border gaming landscape, exploring its meaning and application from a data analysis perspective. It covers aspects such as gameplay, server networks, social interaction, competitive rewards, guild teams, mission modes, game genres, and operational profitability. The aim is to offer a comprehensive guide for cross-border game players, developers, and industry professionals, providing valuable insights into the multifaceted world of global gaming and its underlying data drivers.

01/20/2026 Logistics Encyclopedia
Read More
US Air Freight Costs and Timelines Rise Amid Demand Shifts

US Air Freight Costs and Timelines Rise Amid Demand Shifts

This article provides an in-depth analysis of the US air freight market from a data analyst's perspective. It covers the evolution of air freight terminology, the factors influencing cost composition, transit time evaluation standards, and frequently asked questions. The aim is to help readers gain a comprehensive understanding of the current state of US air freight and optimize their cross-border logistics solutions. This includes considerations for choosing the right service based on speed and price.

01/26/2026 Logistics Encyclopedia
Read More
Global Shipping Guide Mastering Container Logistics and Trade Risks

Global Shipping Guide Mastering Container Logistics and Trade Risks

This article comprehensively analyzes the core terminology of the entire maritime container process, from booking bills of lading, container types, surcharges, trade terms to customs compliance. It provides practical solutions to help beginners quickly master maritime knowledge, avoid trade risks, and maximize profits. It covers essential aspects like understanding different container types, navigating complex fee structures, and ensuring compliance with international trade regulations. This guide aims to demystify container shipping and empower individuals to confidently engage in international trade.

01/26/2026 Logistics Encyclopedia
Read More