Norwegian shipping company Golden Ocean Group expects that the dry bulk shipping market can absorb 10% of new vessel capacity due to port congestion and demand for coastal trade in China. Although the number of new ship deliveries needs to be reduced by 40% to maintain high charter rates, the market still shows resilience and potential for growth.
This article provides an in-depth analysis of the composition of the MTBLBDDHGUL SWIFT/BIC code and its significance for international remittances. It emphasizes the necessity of verifying the bank name, branch name, and country to ensure fund security and improve remittance efficiency.
This article provides a detailed analysis of SPAR NORD BANK A/S's SWIFT/BIC code SPNODK22XXX, highlighting its significance in international remittances. It offers suggestions for verifying the bank name, branch name, and country code to ensure the safety and smooth transfer of funds.
This article discusses the structure of ICICI Bank's SWIFT/BIC code (ICICINBB002) and its significance in cross-border remittances. It emphasizes the necessity of confirming the bank name, branch name, and country code before use to ensure the safe and efficient flow of funds.
This article provides a detailed explanation of MCB Bank's SWIFT/BIC code (MUCBPKKAHAM), highlighting the importance of verifying the bank name, branch name, and country information during international wire transfers. The goal is to assist users in ensuring the safe and smooth flow of funds.
At the beginning of 2025, the global tanker market faces uncertainty, with marked divergence in the performance of crude and product oil tanker stocks. Product oil tankers are pressured by an increase in new vessel deliveries and a slowdown in demand growth, while crude oil tankers show a more positive outlook due to recovering demand and turbulence in the international market.
The container ship "ONE Maneuver" experienced a breakdown in the Solent Strait. This vessel previously called at ports including Ningbo, Shanghai, and Yantian, and is scheduled to call at Rotterdam and Hamburg. This incident is likely to cause shipping delays. Shippers and freight forwarders are advised to closely monitor the movement of their cargo and take appropriate measures to mitigate potential losses.
Port Louis, Mauritius' largest commercial port, is strategically located in a northwestern coastal fjord as a key South Indian Ocean shipping hub. Featuring multiple berths for containers, bulk cargo and oil, it also has dedicated sugar export terminals with excellent vessel reception capacity ensuring efficient and secure operations. Its prime location establishes Port Louis as a vital East African trade center.
This article delves into the definition and significance of port collection, highlighting how optimizing port collection time can enhance vessel docking efficiency. The primary goal of port collection is to centralize containers at the port terminal in preparation for loading. It also discusses the relationship between port collection and customs, emphasizing the importance of early customs declaration to ensure efficient logistics operations.
This article provides detailed sailing schedule information for Matson Express (CLX and CLX+) from Week 45 to Week 47. It includes key data such as vessel capacity, planned/actual departure and arrival times, and estimated berth locations. This information aims to help cross-border e-commerce sellers and freight forwarders accurately grasp the logistics rhythm and succeed during the year-end peak season.
