NEWS

What Is Energy Efficiency Design Index?
What Is Energy Efficiency Design Index?

90% of the world’s trade depends on international shipping. Emissions from ships are a matter of grave concern that the most extensive transportation and logistics sector has been grappling with for several years.

CMA CGM to levy surcharges for overweight India-US shipments
CMA CGM to levy surcharges for overweight India-US shipments

French container line CMA CGM has implemented a hefty surcharge on overweight containerised shipments moving from India to the US and Canada.

What Are Foldable Containers For Shipping Cargo?
What Are Foldable Containers For Shipping Cargo?

When the Japanese registered Hakone Maru set sail for the first time from Japan on August 27, 1968, on its voyage to Oakland, United States it was a giant step in maritime cargo transportation – especially the transportation of standardized box containers. On its maiden voyage, it carried 752 twenty-foot shipping containers (TEUs).

Understanding Customs Clearance Process in Shipping
Understanding Customs Clearance Process in Shipping

Airports, seaports, and land ports of a country are its entry and exit points—people and cargo move in and out of a country through these gateways. Typically, while the Immigration department of a government keeps track of passenger movement through these entry-exit points, the Customs department monitors goods coming in and going out of these ports.

Long-term freight rates for Australia and New Zealand imports hit record levels
Long-term freight rates for Australia and New Zealand imports hit record levels

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week's update of the container rate platform, Xeneta.

Global trade records US$7.7 trillion in 2022 first quarter
Global trade records US$7.7 trillion in 2022 first quarter

The value of global trade increased by approximately US$1 trillion in the first quarter of the year, reaching US$7.7 trillion compared to the same period last year, according to United Nations Conference on Trade and Development (UNCTAD).

Tuna export to Canada soars
Tuna export to Canada soars

Vietnam’s tuna industry has bounced back strongly post-pandemic as export soared 72 percent year-on-year to 259 million USD in the first quarter of 2022, the highest in five years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

PIL enhances intra-Asia network
PIL enhances intra-Asia network

Pacific International Lines (PIL) has introduced a new weekly direct service connecting ports in China, South Korea, Thailand, and Vietnam.


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