Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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Guide to Trade Opportunities at Aitutakis Arutanga Harbour

Guide to Trade Opportunities at Aitutakis Arutanga Harbour

This article focuses on Avarua Harbour in the Cook Islands, detailing its geographical location, port type, shipping lines, and UN/LOCODE. It also briefly lists other significant seaports in the Cook Islands. The aim is to provide readers with a port selection reference for South Pacific trade, facilitating smooth trade routes. The information presented aids in understanding the logistical aspects of shipping within the Cook Islands and offers valuable insights for businesses involved in international trade in the region.

09/29/2025 Port Encyclopedia
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Santos North Sea Ports Partner for Green Shipping Corridor

Santos North Sea Ports Partner for Green Shipping Corridor

The Port of Santos (Brazil) and North Sea Port (Europe) have signed a five-year cooperation agreement to establish a green shipping corridor. This partnership aims to promote the use of clean energy, technological innovation, and the development of a circular economy. The agreement seeks to create sustainable maritime routes in line with global decarbonization goals. By fostering collaboration and sharing best practices, both ports aim to contribute significantly to the sustainable development of the global maritime industry.

11/03/2025 Port Encyclopedia
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Transpacific Shipping Rates Jump As Demand Outstrips Supply

Transpacific Shipping Rates Jump As Demand Outstrips Supply

Transpacific shipping rates have recently surged, driven by a confluence of factors including trade relations, port congestion, and capacity constraints. The future trend hinges on the interplay of supply and demand, tariff policies, and port efficiency. Stakeholders need to closely monitor market dynamics. The rapid increase presents challenges and opportunities for businesses involved in international trade. Understanding the underlying causes and potential future scenarios is crucial for effective planning and decision-making in the global supply chain.

11/03/2025 Logistics Industry Insights
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Streamlining Cargo Pickup Key to Terminal Efficiency

Streamlining Cargo Pickup Key to Terminal Efficiency

This article details how to quickly determine if cargo has been released at the terminal for timely pick-up. It explores various methods to effectively track cargo status and avoid delays, ensuring a smooth pick-up process. These methods include contacting freight forwarders, checking port online systems, utilizing logistics tracking services, logging into the customs e-port, and setting up automated notifications. By employing these strategies, recipients can proactively monitor their shipments and guarantee timely cargo retrieval.

11/03/2025 Logistics
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Beijing Air Freight Export Booking Authorization Guide

Beijing Air Freight Export Booking Authorization Guide

This article provides a standard guideline for filling out the cargo booking authorization for air freight exports in Beijing. It details the importance of information regarding the shipper, consignee, notify party, and cargo. The necessity of accurate reporting is emphasized, along with comprehensive explanations of key elements like the port of origin, port of discharge, and cargo description. Ensuring that the information filled is complete and clear helps to improve the efficiency and smoothness of international freight transport.

07/21/2025 Logistics Encyclopedia
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Pearl River Shipping Rate Index Trial Run: A Key Step for Guangzhou Towards an International Shipping Center

Pearl River Shipping Rate Index Trial Run: A Key Step for Guangzhou Towards an International Shipping Center

The Guangzhou Port Authority announced a trial run of the 'Pearl River Shipping Freight Rate Index' aimed at optimizing bulk logistics and enhancing Guangzhou's market influence. The forum discussed the advantages of strengthening river-sea and rail-water transportation. Future efforts will focus on increasing infrastructure development and port capacity. Additionally, the index will monitor freight rate fluctuations in real-time, providing valuable reference for the industry and contributing to Guangzhou's goal of becoming an international shipping center.

11/21/2023 Logistics
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Global Shipping Guide DYS Schedules and Services Explained

Global Shipping Guide DYS Schedules and Services Explained

This article provides an in-depth analysis of Toei Shipping (DYS), focusing on key information such as schedule inquiries, route network, and port services. It offers guidance on schedule inquiry methods, update mechanisms, route coverage, port support, space booking strategies, and frequently asked questions. The aim is to help you efficiently manage global freight, optimize your supply chain layout, and enhance your global trade competitiveness. Learn how to effectively utilize Toei Shipping's services for your international shipping needs.

01/05/2026 Shipping Company Encyclopedia
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Guide to 40GP and 40HC Container Shipping Costs

Guide to 40GP and 40HC Container Shipping Costs

This article provides a detailed analysis of common 40GP/HC container type fee issues in freight forwarding, along with precautions for depot container pickup. It emphasizes the impact of container type, port, and seal on fees, and differentiates between the concepts of discharge port and delivery location to help freight forwarding professionals avoid pitfalls. The analysis covers various factors influencing costs and provides practical guidance for navigating the complexities of container handling and associated charges within the freight forwarding process.

08/23/2025 Logistics Encyclopedia
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Shanghai Simplifies Customs Clearance for Cargo Efficiency

Shanghai Simplifies Customs Clearance for Cargo Efficiency

This article provides a detailed interpretation of the customs transit and local customs declaration process for sealed goods at Shanghai Port. It emphasizes the specific requirement of customs declaration after the goods have entered the port. The necessary documents and operational details are listed to assist consolidated shipment operators in efficiently completing customs clearance. The guide aims to streamline the process and avoid potential delays by clarifying the unique aspects of Shanghai Port's procedures for sealed cargo undergoing transit and subsequent local declaration.

08/22/2025 Logistics Encyclopedia
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